Wells Coming Off Confidential List Thursday; EOG With Two Monster Wells

23209, 2,009, MRO, William USA 31-2TFH, Reunion Bay, no production data;
23359, drl, CLR, Atlanta 14-6H, Baker, no production data;
23422, 142, EOG, Trenton 2-0817H, Rosebud; t3/13; cum 44K 7/13;
23763, 1,519, EOG, Van Hook 127-0107H, Parshall; 62 stages; 12.43 million lbs all sand; middle Bakken; t4/13; cum 135K 7/13;
23764, 2,342, EOG, Van Hook 20-0107H, Parshall; 55 stages; 10.9 million lbs all sand; middle Bakken; t4/13; cum 153K 7/13;
23884, conf -> loc, XTO, FBIR Stephen 31X-19D, Heart Butte, no production data;
24291, 892, Newfield, Johnson 150-99-33-28-3H, South Tobacco Garden; t5/13; cum 32K 7/13;

***************************

23763, see above, EOG, Van Hook 127-0107H, Parshall; a huge well

Date	Oil Runs	MCF Sold
7-2013	44050	20082
6-2013	39399	16889
5-2013	32149	13037
4-2013	18400	0

23764, see above, EOG, Van Hook 20-0107H, Parshall; a huge well:

Date	Oil Runs	MCF Sold
7-2013	47233	21749
6-2013	51255	23222
5-2013	31215	12643
4-2013	22048	1245

In this same section is sited:

• 16965, 1,109, EOG, Hauge 1-01H, Parshall, a short lateral; t6/09;  cum 421K 7/13;

Wednesday Evening Links, News, And Views -- The President Has A Tiger By The Tail

Wow, things are happening fast. First, Syria: Congress can't seem to act fast enough to vote support for President O'Bama (if only they could vote so quickly on issues that affected Americans more close to home); Saudi Arabia will pay for the war; Americans won't take any casualties in the first act in this techno-war; it looks President O'Bama will get authority to send in US troops ("boots on the ground"). If we do see "boots on the ground" it will be a messier replay of Iraq. Vladimir is the wild card; see below. Of course, things are in flux, but those are some of the headlines. It could just blow over, too, I suppose, and come to nothing. Futures are up a very small 14 points, so the market, at the moment is not worried. Oil is pretty much flat at $108.

The AFL-CIO finally gets it (something regular readers have known for a long, long time): employers are cutting hours to 29.5 hours to avoid ObamaCare. It will take an act of Congress to change that part of the bill. That cannot be done with an executive order. Employers better watch out. My hunch: employers will be responsible for all employees -- regardless of hours. Employers will outsource as much as they can. They will go to individual contracts. It will be a mess. Train wreck. Can you imaging Wal-Mart hiring each employee on individual contracts? There's no reason why it can't be done. A lot of folks work on contracts. Maybe it would be a "positive" for high school students working for McDonald's to learn to read contracts, become individual contractors. They could work as many hours as the two sides agreed upon. I could see fairly simply contracts.

Just when the AFL-CIO finally gets it and EVERYONE finally seems to get it, when the president should be devoting 24/7 to saving O'BamaCare, he now has a much bigger war than he had planned. He says it will be brief, limited; but wars never go as planned. My hunch: Vladimir Putin won't let Syria go easily. We might very well see a replay of the Cuban Missile Crisis over Syria. Putin has his own problems at home, and there's nothing like a war to improve your ratings. It's scary to think that John Kerry is one of the best and brightest masterminding this impending debacle.

There is every possibility there is no more agenda for this administration once the war starts.

I think the president might be hanging on to the tail of a tiger.

I've Got A Tiger By The Tail, Buck Owens

Four (4) New Permits -- The Williston Basin, North Dakota, USA; Several Huge Producing Wells Completed

Active rigs: 187

Four (4) new permits --

• Operators: Slawson (2), CLR, OXY USA
• Fields: Van Hook (Mountrail), Whitetail (Billings), Crooked Creek (Dunn)
• Comments:

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

And this is what the manufacturing stage looks like and the backlog of fracking being caught up.  Twelve (12) producing wells were completed and reported:

• 23302, 1,602, Statoil, Timber Creek 13-24 1TFH, Alexander, t7/13; cum --
• 23887, 2,064, Statoil, Eveland 30-19 1H, Briar Creek, t7/12; cum --
• 23972, 3,249, Statoil, State 36-1 4TFH, Stony Creek, t8/13; cum --
• 23973, 2,995, Statoil, Rose 12-13 2TFH, Avoca, t8/13; cum --
• 24457, 1,662, Liberty Resources, Erickson 152-103-26-35-1H, Glass Bluff, t8/13; cum --
• 24604, 2,272, KOG, P Wood 154-98-4-27-34-13HB, Truax, t7/13; cum 3K 7/13;
• 24790, 1,859, KOG, Smokey 16-7-19-16H, Pembroke, t8/13; cum --
• 25032, 2,244, Liberty Resources, Erickson 152-103-26-35-2H, t8/13; cum --
• 25342, 370, Whiting, Curt Braaflat 11-11H, Sanish, June 21 - July 4;  t7/13; cum --
• 25350, 1,501, Whiting, Carl Kannianen 24-33H, Sanish, t8/13; cum --
• 25560, 90, Corinthian Exploration, Corinthian Skarphol 13-28 1H, North Souris, a Spearfish well; 160-acre spacing; 5,767 TD; t81/3; cum --

Some well name changes:

• 20259, conf, KOG, Skunk Creek 3-24-25-14H3 --  per the November 18, 2013 dar
• 23707, conf, North Plains, Amundson 160-100-22-15-13B-1H is now simply Amundson 13B-22-1H; not significant
• 24239, conf, Zenergy, Ranger 28-33HPNC, is now simply Ranger 28-33H (a significant change)
• 25653, conf, Petro-Hunt, State of North Dakota 154-99-16A-6H,  is now ... 5H

Random Update On American Eagle Energy

A reader alerted me to the rise in the price of shares of American Eagle Energy this past month. It is quite impressive. Very impressive.

One can see American Eagle Energy's new presentation at their home page. At the link, it's at the lower right, easy to find.

More later; off to swimming with the granddaughters.

Disclaimer: this is not an investment site. Do not make any investment decisions based on anything you read here or think you may have read here.

Around The Horn: The Market Takes A Surprsing Turn; Oil Drop A Dollar; I Guess Syria Over Sold; Natural Gas Story? COP Just Hit A 52-Week High

Disclaimer: this is not an investment site. Do not make any investment decisions based on what you read here or what you think you may have read here. 

KOG flat. But something changed. They show the range with a top of $10.10. Yesterday the range had a top of $10.22.  optionsMonster says data suggests more gains for KOG.

Oasis continues to struggle.

CVX and XOM up slightly; COP with a 1% gain. COP hit a 52-week high. But not because of natural gas play; because court ruled Venezuela will need to pay COP for "illegal" nationalization some years ago (2007).

EOG up slightly.

CHK is down a nickel.

SD up slightly; SD continues its nice run.

HK flat/maybe up a penny; TPLM up about 1.5% -- very nice move. 

UNP up a $1.13, almost a percent.

I don't follow BNSF (BRK) much any more; BRK follows the market in general.

ENB, EEP mixed; one up, one down. Often seen.

SRE struggles; someone noted that SRE now pays > 3%.  TransCanada up slightly.

Market surprised me -- a quick move to the upside, and oil dropping a dollar. I guess after five days of speeches, and "I didn't set a red line personally" traders are getting tired of Syria. Ready to move on to the next crisis du jour.