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Monday, June 4, 2012

Nice Pipeline Gathering Graphic for Oasis' West Williston Prospect

For those interested, Oasis has a nice graphic, slide 17, in its most recent corporate presentation.

I've updated the Oasis "snapshot" based on this presentation. Bakken oil company snapshots are updated here. The biggest change is the number of rigs Oasis plans to operate in the Bakken in 2012: 10. A year ago they had planned to have 12 operated rigs in the Bakken. I doubt it will make any difference in end-of-the-year projections based on effectiveness of rigs and crews.

With regard to costs, slide 20 is particularly interesting.

Again, this is not an investment site; see disclaimer and welcome. This is not a recommendation to buy, sell, or hold shares in Oasis. With the pullback in prices I may actually buy some shares in some Bakken oil companies sometime this month, but it won't be in the next 72 hours. 

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