Prindle On Halcon; Filloon On Oasis; Three Forks Benches; Pad Drilling; Bakken Deals

First, Prindle:

Amid fervent concerns of share dilution, the price of Halcon Resources (NYSE: HK) dropped nearly 30% between August 6th and August 20th. Up ~7% from the recent low, it seems the storm is clearing.

Several key metrics suggest this domestic oil and gas (O&G) exploration and production (E&P) company is currently priced at an attractive valuation. Indeed, the shares are skimming above 52-week share price lows, while tremendous production increases and magnified oil prices all suggest eminent momentum.

In this article I will present a bullish case for Halcon Resources. I will begin with an overview of the company and my investment thesis. Support for the thesis will be given in a comparable company analysis that focuses on several key metrics. Afterwards, Halcon's geographic positioning will be recapped, followed by a brief technical analysis. I will end by discussing potential equity movement catalysts and respond to common variant views.

Go to linked article for full story.

Now, Filloon:

Oasis Petroleum has been a Bakken outperformer in 2013. It continues to reel in costs and beat on the bottom line. Like Triangle Petroleum it has a pressure pumping and midstream business. This has kept costs low. Oasis also continues to improve initial production rates. Like Kodiak  it is a Bakken pure play, and its leasehold is in a unique area that has a much larger value than the Street gives it credit. Its most recent acquisition solidifies Oasis' position west of Nesson. This is important, as the majority of this could be best in play with respect to downspacing. Like Kodiak's Liberty acquisition, this purchase could make or break Oasis' year.

But, wow, there is so much more at the linked article.

For newbies, excellent discussion on a) pad drilling; and, b) the lower benches of the Three Forks.