sm Archive
12 Apr 2011
Weekly Roundup
The number of “Black Swan” events in the market are on the rise this year to the point that hedge funds are spinning up black swan funds to cash in on future disasters. The good news is
9 Feb 2010
Active Drilling Rig List – Feb 9th 2010
Only 1 driling rig has been added since the last time we looked at Active Drilling Rig Operators about 2 weeks ago. EOG is still in the lead with 11 and Whiting Oil & Gas (WLL) has
28 Jul 2008
Trying to form an uptrend
Today is the first day in the last 2 weeks that our bakken plays have gained significantly even as oil stays steady around $124 per barrel. WLL and CLR lead the pack with 3-6% gains and others
9 Jul 2008
Buyers helping form a base
Update: A few hours after I published this, the Dow once again tanked bringing oil stocks down as well. My fingers are crossed for tomorrow. So I’m getting a little annoyed at using the word “Bakken” in
8 Jul 2008
Bakken off a cliff?
Recent comments by Ben Bernanke have further strengthened the dollar and sent oil further downward to around $136 per barrel. This has sparked a selloff in the oil sector including Bakken. For our positions, we did luckily
3 Jul 2008
July 3rd 2008 – Bakken Confidential Rig Report
As a result of numerous requests, I will now regularly publish the confidential rig report issued by North Dakota Oil & Gas commission. I have added sortability to the report so you can click on a header
1 Jul 2008
Saint Marys Land & Exploration (SM) – Buying opportunity?
Today one of the 2nd (or possibly 3rd Tier) Analysts, Stanford Research downgraded Saint Mary’s Land & Exploration sending the stock down 3-5% in morning trading. The shaky rationale was as follows: Stanford Research downgrades SM to
19 Jun 2008
Latest Active Rig report in North Dakota Bakken region
The other day I posted a list of “confidential” wells in the Bakken area published by the North Dakota Oil & Gas. Below is the latest list of Active Rigs as of June 19 2008. As expected,
17 Jun 2008
Bakken Confidential
Updated: clarified meaning of the release date The following report from the North Dakota Oil & Gas division outlines the confidential wells currently being developed in the Bakken region. They are designated as confidential so that their