1 st Qtr 2013 WTI up $6 to $7 per barrel over 4th Qtr 2012 pricing
Looking at the chart for WTI oil it appears that WTI averaged around $6 to $7 more per barrel in quarter 1 than in the 4th quarter of 2012.
That extra $6 plus per barrel received goes straight to the bottom line for Kodiak. Further the average daily production should be up several K per day over the 4th quarter 2012. Clearly the strong upward trend in income for Kodiak will be on display this quarter.