Thursday, December 12, 2013

Show Me The Numbers

Jim Cramer's The Street: Spraberry (Permian) is bigger than both the Bakken and the Eagle Ford. When someone says any field is bigger than the Bakken, I tell them: "show me the numbers." The USGS says the Bakken is the largest continuous reservoir in the lower 48 and the USGS numbers are significantly lower than CLR's estimates.

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