Recent

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

КОрпорация Кодиак Ойл & Газ Message Board

  • mitchjl_16923 mitchjl_16923 Jun 28, 2013 10:29 AM Flag

    increase of $.24 pp/s for a down DOW.

    Why ?????

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Why??? More people are buying it than are selling it.

    • Two items come to mind both involving Liberty transaction

      A strong well completion?

      "Net oil and gas production included in the pending acquisition is currently approximately 5,700 barrels of oil equivalent per day (BOE/d), which was the average net production for May 2013. Production is expected to increase before closing as completion operations are currently underway"

      New borrowing base or closing completed

      "Kodiak is working with its banking syndicate to complete a redetermination reflecting its year-to-date completion activities and pro forma for this proposed transaction. The combined impact of Kodiak's recent completions and the proposed transaction is expected to result in a significant increase in the borrowing base. The Company will also evaluate all available financing alternatives."

      "The acquisition is expected to close in July 2013 and is subject to the completion of customary due diligence and closing conditions. The effective date for the transaction is March 1, 2013, with any purchase price adjustments to be calculated as of the closing date. "

 
KOG
0.00(0.00%)