you place too much value on media and day to day price. value is being built and the market will find the value with or without media. TPLM does presentations to people that matter. Management primary goal should be to build value. They are doing that.
he will bankrupt NY. Unions have refused to negotiate contracts with Bloomberg and have been having wet dreams about cutting new long term contracts with their chosen one that they just got elected Ten years from now NY will be in bk court with Detroit after this clown gives them everything they want. Too bas so many of them will have moved to Florida by then. Wish they would all go back home
mama said there would be days like these. part of the price we pay to insure long term gains taxes instead of short term. fundamentals haven't changed, cars still burning gasoline, planes still burning jet fuel, KOG still accelerating growth and drastically increasing total EUR's per dsu
long doesn't mean you are invested for the performance over the next week. long means you are in it for the long haul and don't mind the ups and downs as along as the long term trend is up. if you want to be a trader, be a trader, but don't try and come across as somebody with an interest in the long term value of the company and then start whining about the ups and downs along the way.
my .02 worth, hold a core and trade around it. put the idiots on ignore.
nothing right now is based on fundamentals but you never know when you might wake up and Statoil has bought out KOG or Israel has bombed Iran, hence hold a core.
minimum wage jobs were never intended to be able to support independent people. people need to increase their skill set and work ethic to get out of poverty, not get more benefits at the expense of those that have worked to improve our earning potential
Keystone will do little to nothing to help the bakken midstream restriction but it would help to secure an energy source for the US if the ME blows up. Allow the keystone to be built with no taxpayer costs or spend taxpayer money protect the Suez and the Gulf of Oman shipping channels...hmmm....hard decision..for an idiot
put toat on ignore unless you enjoy the humor or want to feel like the smartest guy on the board. never argue with an idiot
best just to put em on ignore. makes the board a much more reasonable read and informative source of data
it seems they are sandbagging the reserves too. read their last transcript about not being in a hurry to book reserves from additional benches or downspacing. I believe the tax implications hurt more than pr is worth so as long as they don't need to book reserves to increase the credit limit I suspect they are holding back.
yes but KOG seems to be sandbagging their reserves right now. Book em and you pay taxes on em maybe??they have no need to increase the LOC so there is no rush to book reserves. Spend a long time documenting so when you do get a reserve report you get good numbers across a wide area at once and then the spring uncoils.
and a good reason they didn't push for higher reserves, no need to raise the credit limit, so there is no need to book the reserves and pay the taxes on them.
it will be worth $12 when they spin it into an MLP. Get much higher multiples on MLP income once they can document it for the appropriate length of time. The MLP spinoff and the Montana land are the wildcards that are going to trap a lot of shorts and add a lot to this price in a short period if management doesn't add shares.
correct. have to go to page 2 to find something of relevance sometime. For some interesting homework, read OAS last cc discussion on slickwater fracks and help me figure out how KOG slickwater wells are producing and if KOG is increasing the number of slickwater fracs they plan on doing.
first test of the 600 foot downspacing that is going to result in 16 - 20 well pads. no communication. more wells per dsu = more $$$$
Polar Pilot 2.0 Update
Downspacing work continues in the Company's Polar operating area. Subsequent to year end, Kodiak placed into production the first four well pad consisting of two Middle Bakken and two Three Forks wells spaced approximately 600-650 feet apart in each reservoir. The Company plans to test at least 16 wells within this 1,280-acre drilling spacing unit (DSU) with eight wells in the Middle Bakken and eight wells within the Three Forks. This four well pad is located immediately east of the initial 12 well pilot program which tested spacing of approximately 800-850 feet apart. The initial rates for the first four well pad are shown in the table below.