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Thursday, April 5, 2012

For Investors Only: SeekingAlpha Article on KOG

Link here to SeekingAlpha.com.
When building a successful portfolio, it is not always the big dogs that end up winners. In the world of oil and gas stocks, the little pups, comparatively, may be the ones to buy and hold for the long haul. Kodiak Oil & Gas is one of those puppies. This Denver, CO-based company is making itself attractive by taking smart advantage of the oil boom and implementing a hard-charging expansion strategy. With control of a 24-hour dedicated completion crew, land lease expansions, new wells, and an ambitious plan, Kodiak is beginning to bark like a big dog.
With 7 rigs and one 24-dedicated frack team: that's about the right ratio. One to four would be optimum. But KOG is probably big enough in the Bakken to be able to schedule additional fracking through SLB, HAL, Sanjel as needed.

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