Locator: 50999B.
Glut!?!? From Charles Kennedy -- pay attention. Link here. I don't put a lot of faith / stock / trust in the IEA but if it's being reported by Charles Kennedy, one needs to listen --
Cramer: late to the party. Now "all in" when it comes to Intel, but of course, Cramer is "all in" with regard to any and all tech hardware that's connected to the data center world. Wow -- he is really into Intel (INTC) tonight.
Netflix: look at this!
With all the movie news, now this -- Netflix denies rumors that it is interested in acquiring Lionsgate. Lionsgate and Sony joined at the hip but have not merged. They maintain a close operational partnership, primarily centered around a massive multi-year home entertainment distribution deal. Where's there smoke, there's often fire. The "multiple" doesn't work for Netflix so that may be the source of the rumor and then the denial.
New Fed chair: much more hawkish than anyone could have imagined. After "Q&A" and after time for investors to digest what just happend, both the Dow and the NASDAQ dropped significantly. The Dow is down a bit over 1%; the NASDAQ dropped 1.5%. "We have a task force for that." "A family fight."
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Back to the Bakken
WTI: $76.79.
Active rigs: 28.
Four new permits, #43044 - #43047 --
- Operators: Enerplus (2); Phoenix Operating (2)
- Fields: Ellisville (Williams County); Wildrose (Divide County)
- Comments:
- Phoenix Operating has permits for two Hobbit wells, NWNE 29-160-97;
- to be sited 356 FNL and 2224 / 2254 FEL.
- Enerplus has permits for a Sun well and a Helstad well, both NWNW 28-158-99
- to be sited 408 / 441 FNL and 353 FWL.
A producing well (DUC) is reported as being completed:
- 42030, 1,201, Kraken, Dwyer EAst LE 2-36-26 1H, McKenzie;