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Denbury Resources Inc. Message Board

  • harehau harehau Oct 9, 2013 9:06 AM Flag

    e and p

    Credit Suisse, put APC on focus list, $122 target, raised target on EOG to $210. Both had comments about the Delaware Basin acreage, APC has several hundred k acres. Suggests this is the next big deal in e and p.
    Boone was on CNBC, did watch, didn't hear anything about CLNE.

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    • Birdog's Devon preference might be a good one, from their latest pres. 2.8 billion barrels of potential in the Permian, 8000 well locations.

      Net acreage: 1.3 million basin-wide

      Q2 2013 net production: 76 MBOED (60% oil)

      Activity targeting several play types

      Expect nearly 40% oil growth in 2013

      Operated rig count: 27 2013 capital: ≈$1.5 billion

      2013 plans: Drill 300 wells

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