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Thursday, April 26, 2012

KOG: 2012 Sales Volumes; Updates Operations

Link here.

Data points (some numbers rounded):
  • averaging 10,578 boepd for 1Q12
  • represents nearly a 500% increase year-over-year; 50% increase sequentially
  • positive comments on reducing flaring
  • six rigs; a seventh by May, 2012
  • will add a second completion crew
  • Skunk Creek 9-2-3-5H, 1,939 bbls oil
  • Pankowski 4-6H, 1,312 bbls oil
  • Grizzly 149-104-15-12-1-2H, 901 bbls oil

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