Thirty-Two Permits Renewed -- October 29, 2019

PCG: too big to fail? PCG surges 32.4% today; up $1.23 on on $4.00 stock; up another 5% after hours. 

MDU: 3Q19 earnings here.

• earnings: $137.6 million or 69 cents/share
• 3Q18: $107.3 million or 55 cents/share
• shares up a bit during normal duty hours, and after hours

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Back to the Bakken

Active rigs:

$55.52	10/29/2019	10/29/2018	10/29/2017	10/29/2016	10/29/2015
Active Rigs	59	66	53	34	69

Six new permits, #37136 - #37141, inclusive --

• Operator: Hess
• Field: Siverston (McKenzie)
• Comments: 
• Hess has permits for a 6-well BW-Rolfson pad in section 21-151-98, Siverston oil field

Thirty-two permits renewed:

• Crescent Point Energy (17): seventeen CPEUSC Tami (5); Ruby (6); Holmes (6) permits, all in Williams County
• Liberty Resources (6): six Albertson E permits in Mountrail County
• EOG (6): six Hawkeye permits in McKenzie County
• Oasis: one Fraser Federal permit in Williams County
• Newfield: one Jorgenson Federal permit in Dunn County
• Sinclair: one Bighorn permits

Two permits canceled:

• XTO: one FBIR Baker permit in Dunn County
• CLR: one Imsland permit in Divide County

Four producing wells (DUCs) completed:

• 33036, 1,236, QEP, Vegas 1-36-6-31LL, Spotted Horn, t10/19; cum --;
• 34123,  1,614, QEP, Vegas 2-1-36BH, Spotted Horn, t10/10; cum --;
• 34122, 2,238, QEP, Vegas 1-1-36TH, Spotted Horn, t10/19; cum --;
• 34215,  1,480, QEP, Vegas 4-1-36BH, Spotted Horn, t9/19; cum --;