They applied for a building permit for Stark county last year to build a storage facility in Gladstone ND ( 10 miles East of Dickinson ) CRR is the stock ticker.. has been a strong stock..
NDIC Department of Mineral Resources
Sep Oil 27,988,858 barrels = 932,962 barrels/day
Oct Oil 29,190,760 barrels = 941,637 barrels/day (preliminary)(NEW all-time high)
876,480 barrels per day or 93% from Bakken and Three forks
65,102 barrels per day or 7% from legacy conventional pools
Sep Gas 31,972,079 MCF = 1,065,736 MCF/day
Oct Gas 33,178,369 MCF = 1,070,270 MCF/day (preliminary)(NEW all-time high)
Sep Producing Wells = 9,701
Oct Producing Wells = 9,900 (preliminary)(NEW all-time high)
5,939 or 60% are now unconventional Bakken – Three forks wells
3,963 wells or 40% produce from legacy conventional pools
Sep Permitting: 287 drilling and 2 seismic
Oct Permitting: 267 drilling and 5 seismic
Nov Permitting: 232 drilling and 1 seismic (all time high was 370 in 10/2012)
Sep Sweet Crude Price = $92.96/barrel
Oct Sweet Crude Price = $85.16/barrel
Nov Sweet Crude Price = $71.42/barrel
Today Sweet Crude Price = $73.00/barrel (all-time high was $136.29 7/3/2008)
I also am still watching ndls. I bought a little ACI today.. Coal, yes coal..3 years 1 month and we will inaugurate a New President...NG is going up in price, and Coal will be used In the USA and Around the world More and More.. unless you convince all those folks in India, SE Asia and China to pedal power their Computers and TV.
I am thinking of Creating a school for International signers, so all these huge dignitaries could have complete confidence when they attend a funeral or a function. i was going to hire this dude from SA as the chief instructor.. any idea;s what a current salary should be.. don
ACI has a lot of acreage in the PBR and this coal will ship to China via Buffets railroad.
They also just opened up a longwall metallurgical coal mine just several days ago..
I have owned ACI many , many years ago, and the choice between CNX, BTU , and ACI brought me to ACI..
The price has been pounded down cause of a purchase and debt they took on 3 years ago.
this debt now appears to be payable, and I believe aci has the most leverage..
Realize this is a small piece of a large puzzle, in 1 year I will reevaluate and then buy more or be out.
I believe the Export of coal, If not thru the ports in Washington/Oregon State, then thru the expanded Panama canal which will be opened in 2 years..
The environmentalist were the only political group that up until a month ago that the current Administration had not thrown under the BUS, but he did with that Eagle Kill wind tower decision.. So now anything goes..
the production of fidelity wells in ND in Sept was 325,389 BO. Fidelity had 12 wells on Confidential that had Runs of 71457 BO in the month. The Pierre shale NG production was 69,940 MCFT . The Associated NG production on the oil wells that was sold amounted to 161,784 MCFT. don
Hare.. from NDLS
BROOMFIELD, Colo., Dec. 5, 2013 (GLOBE NEWSWIRE) -- Noodles & Company (NDLS) today announced the pricing of its primary and secondary offering by the Company and selling stockholders of 4,500,000 shares of Class A common stock at a price of $39.50 per share. Noodles & Company also expects to enter into an agreement with certain officers of Noodles & Company to repurchase shares of Class A common stock directly from such officers in a private, non-underwritten transaction at a price per share equal to the net proceeds per share that Noodles & Company and the selling stockholders receive in the offering. Noodles & Company will use the proceeds from the offering to fund the repurchase.
Morgan Stanley & Co. LLC and UBS Securities LLC are acting as joint book-running managers and representatives of the underwriters for the offering. Jefferies LLC, BofA Merrill Lynch, Piper Jaffray & Co., Robert W. Baird & Co. Incorporated and RBC Capital Markets, LLC are acting as book-running managers. For up to 30 days, the Company and the selling stockholders have granted the underwriters the right to purchase up to an additional 675,000 shares of common stock to cover over-allotments.
WBI ( the NG division ) has a web site.. it has a lot of site info , do not recall if they give out the figure of storage or not.
AS for the storage facility a lot of that is sold/leased space and the actual NG belongs to other companies. The gas fields of Fidelity At Baker/ and Bowdin MT I believe could be turned up to increase the Flow /sale of NG..This increase was discussed about April/ May with mdu in a earnings call.. don
Fidelity had 12 wells on confidential this Oct reporting period, and these wells had runs of 107,060 BO.
The production of oil from NON confidential wells was 3344,249 BO. for a total of production and runs of 441,309 BO.
Fidelity produced 76,543 MCFT of NG from the Pierre Shale NG field . The associated NG from oil production was 190,431 MCFT. don
Fidelity had 10 producing oil wells in MT in oct. 5 in the Heath formation and 5 in the bakken formation.
Total production from the 10 wells was 5990 BO and 3117 Mcft NG
The Bakken produced 3325 BO and 1278 Mcft.
The Heath formation ( think north of Billings ) 2665 BO and 1839 Mcft of NG.. don
Fidelity has 22 listed wells in Utah, 3 are temporary abandoned. , 5 are Shut-in, and 14 are producing oil. The production of these 14 oil wells was 111,166 BO and 60,778 Mcft of NG.
1 well the api # 43-019-50019 has been shut in for 3 months and in oct was active for 1 day with a production of 188 BO, and 328 MCFT of NG.
The API # 43-019-50030 well this month produced 35,024 BO and 21,860 Mcft NG. in 31 days
this well is new because the previous month it produced for only 6 days and had production of 2736 BO.
Hare , if you are thinking of a manufacturing revolution, I think we will need help in education. Even in SW ND when you talk to the Non farm /Ranch kids there Math Skills are sub standard..
I believe the Companies will have work based higher education in science and Math to supplement this shortage of what we had NO choice but to learn when we went to HS/College.
The cost difference in LNG in USA compared to Europe is by a factor of 4.
Just my Observation.. don
several days ago the fund listed Russia fund with NO 2013 distribution. Today I look in my brokerage acct and see that I received a 0.518 cents per share equilivent distribution .. don
SW ND had a overnight low of -21 Below 0 actual temp. going to have 3 days of cold with NW Clipper winds..They say Christmas Eve we may get to mid 20"s..
So if you need a stocking stuffer , make it NG..don
After adding up the Runs and Oil production for ND, MT and Utah the other day , ( which amounted to 558,465 BO ) this tells me if this rate will continue for Nov and Dec, the 4th Qtr of 2013 could see Fidelity with 1,675,000 of Oil production.
If this number is achieved the Fidelity would have a 34 % increase in oil production over the 3rd qtr of 2013 ( from earnings release ) 1,252,000 BO.. don
I was told by a ALCO former employee that the freezers for the Bowman ND store cost $ 80,000. I believe there are 8 freezers.. you have to sell one H of a lot of frozen Pizza;s and milk, eggs and other items to pay for these freezers. .JMHO.. don
TULSA, Okla., Dec. 19, 2013 /PRNewswire/ -- ONEOK, Inc. (OKE) today announced that the Kansas Corporation Commission has approved a settlement agreement that allows ONEOK to separate its natural gas distribution business into a stand-alone publicly traded company, ONE Gas, Inc., and authorizes the transfer of ONEOK's existing Kansas natural gas distribution assets, certificates of convenience and necessity, franchises and tariffs to ONE Gas.
In July 2013, ONEOK announced plans to separate its natural gas distribution business into a new publicly traded company to be called ONE Gas, which will consist of Oklahoma Natural Gas Company, Kansas Gas Service and Texas Gas Service, and will be headquartered in Tulsa, Okla.
Completion of the separation plan is subject to certain conditions, including final approval from the ONEOK Board of Directors. The transaction is expected to close in late January 2014 or early February 2014.
ONE Gas will be one of the largest natural gas utilities in the United States, serving more than 2 million customers in three states, and will be a publicly traded, 100 percent regulated, natural gas distribution utility. ONE Gas is expected to be listed on the New York Stock Exchange (NYSE:OGS).
I made a lot of money owning OAS stock.. thanks MDU.. Go ,look at the monthly oil production from the Cottonwood field..
As far as what I believe they missed in the last 3-4 years has been all the OKE NG processing plants built in ND. .The Number of operating is 5 and the 6th one was announced about 3 months ago.. I realize for 3 years approx. they have owned 50 % of the Whiting plant near Belfield ND. But with WBI owning a NG pipeline system, they should know how much NG was being produced/flared as Associated Gas..
I also think the last 2 years of the Former CEO Hildebrand MDU execs, and BOD were to conservative..
That is why I was afraid that when the Current CEO was Named, he might be a Carbon Copy of the Former..don
If I was making a suggestion to MDU, a small investment for the future would be to purchase Fallon county R
don edi mix and also the Bowman redi mix. . With all the future Activity coming to this corner of the world..
DNR has announced CO2 flood in the future in the Cedar Hills field South of Marmarth. ..