Thursday, October 25, 2012

From COP Earnings Transcript at SeekingAlpha.com

Link to SeekingAlpha.com here:
... switching now to the Bakken we have more than 620,000 acres in this liquids rich play that’s all held by production. We exited the quarter with the production rate of 26,000 BOE per day and as a result of incremental capacity from new rail facilities, we’ve ramped up from five to eight rigs and we see the benefit of this increased activity in the fourth quarter and in 2013.
No change in acreage or rig count since 2Q12. 
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2 comments:

  1. AnonymousOctober 25, 2012 at 3:40 PM

    Canadian Pacific Ry cf call had a few gems about crude by rail.

    Anon 1

    ReplyDelete
    Replies
    1. Bruce OksolOctober 25, 2012 at 7:30 PM

      Link is here:

      http://seekingalpha.com/article/947601-nabors-industries-management-discusses-q3-2012-results-earnings-call-transcript

      I will post link as stand-alone post.

      Delete

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