AEZ also definately starts drilling with an experienced Bakken partner on the AEZ's approx. 90 000 net Bakken acreage (Goliath project). This moves the AEZ stock price. The BEXP to report al least 1 new well IP, most probably next week and possibly - another one before the year end.
The buyout of XTO Energy for 31B by Exxon has made the Bakken Shale plays all possible take over targets along with the fact that Natural Gas looks like it will trend up. This puppy is going higher, a lot higher. heh heh heh
It was all over the news two days ago about Shale plays as now being viable, that the costs are now gone and that oil and gas is being extracted at a great pace. In addition, Exxon made it clear it feels shale is a profitable way to go and that they will be a major player in accumulating more. They then announced other names like Devon and others. I nearly drove off the road !!!! lolololol
Lucky...not sure I agree on connecting any dots here. As I remember, XTO is primarily into LIQUIDS in the Bakken, whereas they truly are a gas play nationwide. So I'm not sure why this would connect any dots with NOG or any other primarily liquids-based outfit drilling in the Bakken. But it would explain the recent jump in CHK.