Petro-Hunt, OXY USA To Report Nice Wells Wednesday -- September 2, 2014

Active rigs:

	9/2/2014	09/02/2013	09/02/2012	09/02/2011	09/02/2010
Active Rigs	194	185	192	198	143

Wednesday, September 3, 2014

• 23016, drl, CLR, Sacramento Federal 7-10H1, Brooklyn, no production data,
• 24533, 1,595, Petro-Hunt, Clear Creek 152-96-34B-6H, Clear Creek, t6/14; cum 25K 7/14;
• 26409, drl, BR, CCU Corral Creek 11-28MBH, Corral Creek, no production data,
• 26603, A, Fidelity, Jon R 16-21-22H, Stanley, 4 sections, no IP yet; cum 35K 7/14;
• 26734, 168, Fidelity, Shirley Anne 34-9H, Stanley, 1 section, t3/14; cum 14K 7/14;
• 26747, 578, OXY USA, Wittinger 3-8-5H-143-95, Murphy Creek, t4/14; cum 48K 7/14;
• 26748, 552, OXY USA, Wittinger 4-8-5H-143-95, Murphy Creek, t4/14; cum 35K 7/14;
• 26796, 2,131, HRC, Fort Berthold 152-94-24D-13-7H, Antelope, Sanish, t8/14; cum 13K 7/14;
• 26812, drl, Hess, EN-Hermandson-LE-155-93-3501H-3, Robinson Lake, no production data,
• 27567, 1,448, MRO, Hellerud 14-23TFH, Chimney Butte, 4 sections, t6/14; cum 10K 6/14;

Seven (7) new permits --

• Operators: EOG (3), Whiting (3), Cornerstone
• Fields: Parshall (Mountrail), Green River (Stark), Bell (Stark), Northeast Foothills (Burke)
• Comments:

Wells coming off the confidential list since Friday were posted earlier; see sidebar at the right.

Five (5) producing wells completed:

• 24478, 1,562, Statoil, Olson 20-29 4H, Painted Woods, t8/14; cum --
• 25914, 1,060, Zavanna, Bills 5-8 1H, Crazy Man Creek, t8/14; cum 5K 6/14;
• 26070, 1,284, BR, Big Sun 41-2MBH-ULW, 4 sections, t5/14; cum 14K 6/14;
• 26345, 1,463, Statoil, Cvancara 20-17 6TFH, Alger, t7/14; cum --
• 27120, 1,603, BR, Arches 24-35TFH, Keene, t8/14; cum -- 

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Baker Hughes closes previously announced acquisition of Weatherford's pipeline and specialty services business.

Trading at new 52-week highs today: AAPL, EW, GPRO, MRO, NOV, OKE, OKS, PBR, PSX, QEP, RAIL, SRE, STE, UNP, WMB.

Earlier this month, a Zacks report on UNP. I might have posted it; can't remember. Here it is (again).

If it's the one thing Africa needs right now, it's germicides. Think Steris.

I didn't want to check the market earlier today; it looked like a bad day but then when I saw all the companies hitting new highs -- wow, what a surprise. UNP and SRE, especially, hitting new highs.

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No Strategy For Libya Either

Eleven commercial jetliners disappear after ISIS-like extremists take Libyan airport.  "What does it matter?" -- SecState Hillary Clinton.

The Wall Street Journal

Ukraine shifts to defense against Russia; what, they were on offense before?

After soaring in the years since the recession, the use of food stamps is beginning to decline. What, the recession is over?

The world is in flames; President Obama phoning it in -- this time, another speech on minimum wage. By the way, "minimum wage" is the wedge issue that President Obama hopes to bring out millions to vote.

Eric Cantor joins Wall Street bank.

California bans plastic bags. Does NOT ban background checks for firearms ammunition.

Coal miners see signs of recovery.

The Los Angeles Times

Mother says Uzi "too much" for girl who shot her instruction. Well, duh. I wonder if the nine-year-old girl will "pass" background checks in the future? 

That nude celebrity leak? It did not occur in the iCloud.

When success hurts:

An auto dealers association has asked Peach State officials to bar the Palo Alto-based company from offering its Model S sport sedans and upcoming Model X SUVs at its Atlanta-area retail store.

The Georgia Automobile Dealers Assn., in a petition to the Georgia Department of Revenue, alleges that Tesla has sold 5,200 Model S sedans in the United States so far this year, 173 of them in Georgia.

That's a violation of the sales-license waiver Tesla had received from the state of Georgia, the group alleges. The association said in its petition that the waiver limits Tesla sales in the state to 150 vehicles per year.

The LA Times: the question isn't really "will Hillary run?" but rather, "can't we do better?" What does it matter?