If you don't have an oil well, get one. -- Eddie Chiles
Disclaimer:
This non-commercial blog is the opinion of the author on the date posted. Blogger owns, has owned, or is trying to own every stock mentioned in this blog. I do not short sell on (or buy puts for) any oil & gas, exploration & production (E&P) stocks. Investing in stocks is risky.
This is a non-commercial site
I don’t sell anything or receive even 1¢ directly or indirectly from my research.
Investing in oil and gas stocks is a great hobby and a likely financial winner. Never in history has there been a more exciting time and, yes more romantic era, in the oil patch.
More than a dozen major oil and natural gas booms are happening in the U.S, due to two technological advances: horizontal drilling, and high-pressure multistage proppant stimulations (multistage frac jobs). These booms are in low porosity shale or dolomite formations.
Some of the booms covered here include:
Williston Basin Bakken and Three Forks / Sanish formations (North Dakota & Montana)
Eagle Ford Shale (South Texas)
Granite Wash (Texas and Oklahoma panhandles)
Barnett Shale wet spots (wet mean high liquids relative to natural gas)
Some of the oil firms that I cover are:
Brigham Exploration, (BEXP)
Whiting Petroleum, (WLL)
Newfield Exploration, (NFX)
Continental Resources, (CLR)
EOG Resources, (EOG)
Denbury Resources, (DNR)
Kodiak Oil & Gas, (KOG)
Northern Oil & Gas, (NOG)
Petrohawk (HK)
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