With KOG increasing its acreage by 70% in the last couple of months, there will be a fair amount written about KOG over the next few days.
Here are the links, pretty much all in one place.
Of course, the first three postings I did on KOG after the announcement are also linked down below.
This acquisition is a game-changer for KOG. -- Atticvs Research, SeekingAlpha
Steven "Z-Man" Zachritz: bought it cheap, SeekingAlpha. With six rigs as of January, 2012, they need two dedicated frack crews just to keep up; they have one dedicated HAL frack team; they need one more. With acquisition, KOG estimates 24,000 boepd for 2012 with 30,000 boepd ext target for 2012. BEXP hit a record of 10,401 boepd in 2Q11; and estimated around 15,000 boepd at end of 2011. BEXP is a $4.3 billion market cap; KOG is currently a $1.52 billion market cap. BEXP corporate presentation, October, 2011, here.
New acquisition is eight miles from the Bakken well with the record IP: the Tarpon Federal
Data points regarding the acquisition
Initial announcement
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