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Sunday, August 5, 2012

For Investors Only: Doodling on the Back of an Envelope

STO: $80 billion market cap; operating cash flow: $20 billion

KOG, NOG, and OAS: combined, mkt cap about $7 billion; premium --> $10 billion

Numbers rounded, as if "spoken" at the Economart in Williston; just some doodling. 

Disclaimer: this is not an investment site. Make no investment decisions based on anything you read at this site. 

STO Bakken: 375,000 net acres
KOG Bakken: 155,000 net acres
NOG Bakken: 175,000 net acres
OAS Bakken: 300,000 net acres

For newbies: I keep snapshots of companies operating in the Bakken here; numbers were accurate when posted; they are updated when I receive new information; current numbers cannot be guaranteed to be accurate. Actually nothing at this blog can be guaranteed to be accurate. 

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