MDU earnings call today: for 2012, lost a penny, versus earning $1.12 for 2011. Adjusted earnings were $1.15 vs $1.19. Total-after-tax-write-downs for the year were $246.8 million. The write-downs were largely driven by the lower natural gas price environment in 2012.
Wells coming off the confidential list, Tuesday:
- 22965, drl, BR, CCU Golden Creek 34-23MBH, Corral Creek, BR wells usually go to DRL status;
- 23041, 932, XTO, Gilbertson 41-16SEH, Siverston, t11/12; cum 15K 12/12;
- 23042, 499, XTO, Gilbertson 41-16SH, Siverston, t11/12; cum 11K 12/12;
- 23162, 1,339, MRO, Bear Den 42-5TFH, Lost Bridge; t11/12; cum 37K 12/12;
- 23170, 322, Hunt Oil, Bear Butte 1-11-2H, Bear Butte, t12/12; cum 13K 12/12;
- 23180, drl, CLR, Buddy 1-27H, East Fork, no production data;
- 23342, drl, Samson Resources, Los Gatos 11-2-161-92H, Black Slough; no production data yet;
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23162, 1,339, MRO, Bear Den 42-5TFH, Lost Bridge; not hooked up to a natural gas pipeline:
Date | Oil Runs | MCF Sold |
---|---|---|
12-2012 | 21453 | 0 |
11-2012 | 14908 | 0 |
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