Recent

% | $
Quotes you view appear here for quick access.

КОрпорация Кодиак Ойл & Газ Message Board

  • winallin12 winallin12 Oct 18, 2013 8:36 AM Flag

    Reallocation of Assets

    Curious that there have been no updates on this at all from Kodiak. We know they sold 80 million plus in assets to Triangle as part of the effort to consolidated their holdings and raise their working interests. Their October presentation still lists 195K acres but this would not be true if the Triangle deal is the only one they have made.

    What is the rest of the story?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I think there have been a number of companies who simply shied away from making releases during the govt shutdown and (IMO) that is part of the reason we have heard little from KOG in the form of press releases. That said, I trust a lot of positive information is "leaking out" through back channels and that has resulted in the strong performance over the last month. I think the next Operations conf call is going to be a blockbuster with enhanced production and great news on updated pilot program results, which will assuredly lead to massive reserve upgrades in EOY report. Lex

    • I guess we'll find that out on the CC and ER on the 31st ~ Not as much transparency as we'd like for sure ...glta longs!

 
KOG
0.00(0.00%)