Saturday, March 12, 2011

Oasis Earnings Call: Indian Hills Prospect -- Very, Very Exciting. In Addition, Hedging Reflects $100 Oil

SeekingAlpha.com earnings call transcript.

When you get to the link, scroll down about midway and read the several paragraphs on Oasis' Indian Hills prospect. In addition to drilling efficiencies, it appears these wells will be at the higher end of EURs.

In addition, note that Oasis has increased their hedging collars from $78 to $95/barrel WTI to reflect recent events. Incredible.
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