Why Oasis Paid "Big" For The Permian -- Mike Filloon -- December 27, 2017

This is very cool. Mike Filloon as a note on why Oasis paid "big" for a toehold in the Permian. Regular readers know my feelings about the deal ("a great deal" from the CEO's point of view). The original post was here.

So, now the link to Mike's contribution over at Seeking Alpha: Jagged Peak Oil production improvements show why Oasis "paid big" for its new leasehold. Summary:

• JAG production results have improved significantly since 2015, with several very good locations
• The results help support high acreage valuations in southern Winkler and northern Ward counties
• JAG has improved production per location by 90 KBO and 132 MMcf over 16 months of well life over the time frames analyzed
• JAG's central and southern acreage could see further large increases in valuation as leasehold is de-risked

Great headline but not much "meat" to the article.

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Spoiler Alert

If you haven't seen the movie, and plan to see the movie, don't watch the clip.

Tailor, Tinker, Soldier, Spy

So good on so many levels.