Locator: 51224B.
Cramer: seems to have gone "nuts" on GE Vernova's earnings miss and a 9% stock price decline. Talking about it at length all day long and I'm sure he will talk about it tomorrow morning also.
Cramer is still highly recommending GE Vernova. I thought I had missed buying this one; apparently not.
On a "down day" for the main market indices, my portfolio saw a gain (due to its overweight in energy). News coming out of Brazil seems to suggest that Brazil is gaining oil sales at expense of Saudi Arabia.
Meanwhile, the 11th consecutive day of US striking Iran since the ceasefire broke down has just begun.
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Back to the Bakken
WTI: $87.76.
Active rigs: 24.
Seven new permits, #43138 - #43144, inclusive --
- Operators: Devon Energy, Berenergy Corp, Spotted Hawk Development, Enerplus
- Fields: Siverston (McKenzie), Glenburn (Renville), Deep Water Creek Bay (McLean), Baker (McKenzie)
- Comments:
- Spotted Hawk Development has permits for four Mufasa wells, SESW 30-150-90,
- to be sited 716 / 794 FSL and 2165 / 2210 FWL.
- Berenergy Corporation has a permit for a Kunkel well, NENW 1-158-82,
- to be sited 585 FNL and 2075 FWL.
- Enerplus has a permit for Magnum well, lot 7, 4-152-101,
- to be sited 1320 FNL and 2284 FEL.
- Devon Energy has a permit for a Bluefin well, SWSW 13-149-98,
- to be sited 435 FSL and 424 FWL.
Six permits renewed:
- Lime Rock (3): three Mariner permits, Dimond, Burke County;
- KODA Resources (3): three Bock permits, Daneville, Divide County.
One producing well (a DUC) reported as completed:
- 41876, 249, Petro-Hunt, State 159-92-36C-24-1H, Mountrail County.
