Kodiak Oil & Gas (KOG)'s main focus is in the development of the Williston Basin located in North Dakota, which constitutes a large portion of the company's asset portfolio. It is carrying out experiments in the Williston Basin to increase the production from this region. The company reported production around 34,000 barrels of oil equivalent per day, or Boepd, during the second quarter ending in June this year.
Along with increasing oil production, the company is also working on achieving efficiencies in well drilling activities. With a strong focus on its operations, Kodiak has been able to provide superior investor returns. Its stock currently trades around $12, which is around a 28% increase over last year
These bloggers on SeaKingAlfalfa are a bunch of Captain Obvious's and are always late to the party ~ Same with the MotleyFools and the Cramers of the world ~ We long time KOG'rs KNOW exactly what we are sitting on ~ BLACK GOLD and there's a whole lot of it that the pps has yet to reflect!
Wish I could too but about the best I can do right now is a thousand shares or two ~ The time for me to have added was back several months ago when I had an online order for 5000 shares loaded with my brokerage and just a click away from BUY( in the low $7's) and canceled it; cold feet, stupidity, waiting to go lower...?...you tell me ~ Deployed about half the money elsewhere; probably in the end waiting and then sitting on my hands doing nothing will end up costing me an additional $75K-$100K in lost profits if KOG does what we all think it will do ~ Currently long 12,500 shares only...GLTA!