Investopedia link here.
Eagle Ford: EOG and MRO.
Bakken: CLR and DNR.
There "they" go again: DNR.
Every Bakken list seems to include DNR.
Note this:
Continental is the largest player in this formation, with 34,505 BOE/d coming from the Bakken in the third quarter, or 52% of its overall 66,289 BOE/d production.
CLR has almost 1,000,000 net acres in the Bakken.
KOG says they may be producing as much as 30,000 boepd by the end of 2012.
Am I missing something, or misreading something? KOG has a market cap of $1.85 billion and about a tenth of CLR's net acreage; CLR has a market cap of almost $12 billion.
If I have my numbers right, and KOG predicts 30,000 boepd a year from now, one can only imagine what CLR will be producing. Like I say, I must be missing something.
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