Having said all that, Oasis has surged almost 5% in early trading. Earlier, I updated the "Snapshot" of Oasis.
It's interesting to see the five companies Wall Street Cheat Sheet highlights today. One of them: Oasis --
Jefferies raised their price target for Oasis Petroleum on expectations that the company’s reserves could grow 41% in 2013 and 27% in 2014.I assume most/many/other/some/ Bakken-centric companies wills show similar growth in reserves.
I also see that the price of crude oil has turned green, though it is pretty much flat for the day.