But RLp's keeps finding discredited stuff which has to be pulled down to post.
Same OLB same old.
Norris some of the Bakken cos are growing faster than lots of others.
For example from KOG's conference call:
" The 165 million represents a 26% growth in the previous quarter ended December 31, 2012 and a 107% growth over the same period ended March 31, 2012."
I read that COG increased production at 50% since the same time last year.
...so, it looks like KOG has increased their production at a rate of slightly more than double of that.
Maybe the OLB needs a little help again with the math so lets check.
KOG growth over the same period of 107% = [2 (50% growth rate for COG)] +7
2 (50%) +7 = 107%
it looks like KOG grew at more than TWICE the rate of COG since last year and is also much more "oily."
Which one makes more money?
Many calls today and I should not have distracted myself with the full boat OLB explosion.
You can try and teach the OLB math but they refuse to learn.
They believe they can bend perception and therefore reality to their demented will.
LOL anything up is good for a Bakken producer now, after most have been beaten down 40% since Jan. 1. Give me a break.