Random Update Of Some Bakken Highlights Since June, 2013

Since June, 2013, one can come up with almost $5 billion worth of activity in the Bakken in various deals (some double counting, of course, but it all moves money). And this doesn't include the cost of drilling 12 wells on one pad, about $100 million, I suppose. Some of the highlights since June, 2013:

• June, 2013: KOG announces that it will acquire 42,000 net acreage in the Bakken for $660 million in cash. Analysts say this could make or break the company.

• August 8, 2013: Triangle Petroleum acquires 9,350 acres for $104 million.

• August 27, 2013: Whiting acquires 17,000 net acres from Petro-Hunt, the Bakken, for $260 million.

• September 5, 2013: Oasis acquires 161,000 net acres with production for $1.515 billion.

• September 8, 2013: note on CLR's increased density drilling -- 12 wells on 320 acres (effectively 27-acre spacing)

• September 9, 2013: Enbridge announces public offering of 8 million shares.[September 13, 2013: offering closed; sold 8 million; raised $223 million].  .

• September 9, 2013: Whiting will offer $1.9 billion in senior notes. 

• September 10, 2013: Oasis to offer $600 million in senior notes. (Subsequently increased to $1.0 billion. -- September 10, 2013, press release.)

• September 10, 2013: CLR: 2014 operating and financial guidance. If that link is broken, try this one.