KOG Presents At Merrill Lynch

Link here to SeekingAlpha.com.

This is the slide that always bring all the attention to Kodiak and what we’re doing and it has been a growth story. There are no questions. This year has been a year of execution, what we’re trying to accomplish. You’ll see our growth on the far right side. We’ve taken the company basically from 10,000 barrels a day as we entered the year and we hope to exit somewhere close to 27,000 to 30,000 barrels a day. We started the year a little bit slow. We had some acquisitions work that we brought in late 2011-early 2012, integrated that into our company during the first quarter. I think the second and third quarter has been a lot of fun.

We’re all of a sudden rocking on all cylinders here. We’re completing somewhere in the neighborhood of five to six wells with each of our fractures every month now. So we’ve got a busy fourth quarter scheduled, about 26 net wells that we anticipate completing, that’s comprised 23 that we operate ourselves approximately, three not operated. So people ask how we’re going to get from our current 16 range that we exited Q3 with to 27 as pretty simple. The wells are there, we’ve got hold if the weather cooperates a little bit with us. We have two crews that are completing wells right now.

So, on an average we’re getting 10 wells done each month.

The entire presentation is incredible. Don has pointed out several times that one could have bought shares in this little company for 60 cents/share not too long ago.

Disclaimer: this is not an investment site. See the "disclaimer" and the "welcome" for more. Do not make any investment decisions based on what you read here.