Disclaimer: this is not an investment site. Do not make any investment decisions based on what you read here or what you think you may have read here.
I am tracking HK and TPLM a bit more closely right now for two reasons:
- skeptics are suggesting operating cash flow and lack of venture capital could hurt small Bakken operators (think BEXP in the very, very early days; KOG in the very, very early days)
- TPLM has the majority of their acreage, I think, right where the new ONEOK natural gas processing plant will be built
By the way: in 2006 the total natural gas processing capacity in the entire state of North Dakota was 227 million cubic feet per day; this new ONEOK facility will have capacity almost matching that, at 200 million cubic feet per day.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.