Thursday, November 29, 2012

Current NOG Presentation

Link will take you to a PDF.

Three things jumped out at me:
a) able to update net acres for many companies; first time to see Slawson net acreage (>100,000 acres); probably there before but never paid attention; updated "FAQs." Biggest discrepancy: acreage for Hess.

b) 191 rigs in ND; NOG has working interest in 182 rigs; pretty impressive, if I understood the graphic correctly.

c) margin for OAS and NOG: $60 to $61 /bbl.