Two Wells Coming Off The Confidential List Tuesday

Wells coming off the confidential list Tuesday:

• 17793, 2,325, Oasis, Nordby 5793-13-13H, Sorkness, t9/12; cum 34K 11/12;
• 23208, drl, BR, CCU Boxcar 44-22PH, Corral Creek,
  

17793, conf, Oasis, Nordby 5793-13-13H, Sorkness,

Date	Oil Runs	MCF Sold
11-2012	12637	10012
10-2012	14113	5366
9-2012	5983	0

The BR well should be interesting: not only is it in the Corral Creek oil field, but it is targeting the Three Forks formation. It is not uncommon for BR wells to come off the confidential list and go to DRL status, so I am not expecting to see the IP for that well today. As expected.

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I see Centerpoint raised its dividend. Ever.So.Slightly. I would rather see a dividend hike, no matter how small, rather than a dividend cut, but when the dividends are raised by so little, it seems to be a gimmick. It allows the company to add to their years of uninterrupted dividend increases. Barely.

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RBN Energy: Not looking good for natural gas pricing. Winter is over. 

Scandinavia: I see Paul Krugman has added another country to the world's list of nation's: Scandinavia:

Republican governors of Kansas, Nebraska and Louisiana are pushing to eliminate personal and corporate income taxes, setting up a possible fight with the Obama administration, which has already vowed to reform the nation’s tax code this year. To make up the lost revenue, these governors would raise the state sales tax.

Krugman says the Republican plan to hike state sales tax could be modeled after the European nation Scandinavia, a country with very high sales tax rates and a “less progressive tax system” than the U.S. The revenue generated by the high taxes are used to provide Scandinavian citizens with a “very good social safety net” and more financial security, according to Krugman. 

Scandinavia. A European nation. I can't make this stuff up. My hunch is that before the day is over, that story will be corrected. One can only hope so. Screenshots are sure nice.

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Wow, Europe is hurting. Ford reported better-than-expected earnings. This was due to North American operations. Ford expects losses in Europe to widen (as in "get worse").

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Message from Wall Street to Washington, DC: solve the debt problem now. Cut spending now.  -- CNBC reporting. When pigs fly.