Enterprise Products Partners L.P. Message Board

"As previously announced, WPX plans to drill a total of four horizontal Niobrara wells in 2013. The drilling plan is designed to prove up ADJACENT acreage and test the repeatability of the play on ADDITIONAL acreage the company owns."

It's quite clear to me at this point that WPX Energy is Dejour's partner at Roan Creek. And WPX Energy's press release today followed by Dejour directly linking the press release on tis facebook page pretty well spells this out.

Sentiment: Strong Buy

First, a review of this particular line in the release:

"Dejour is now modeling Kokopelli for the next wave of development targeted for Q4 2013."

The series of releases from the company on its Kokopelli drilling program this spring have consistently and affirmatively detailed "ample gas shows, as expected." Translation = It's reasonable for shareholders to assume that production from the four-well program will be in line with management's "expectations." Basically, production from the four-well program is comparable to neighboring Bill Barrett (BBG) and WPX Energy (WPX) [I am not referring to WPX's "horizontal" well).

Furthermore, as we all know, the current, private drilling partner (fund) has the first right of refusal on the second drilling program at Kokopelli. Now, today, Dejour management has given a time frame and a clear indication of its plans to move forward with additional Kokopelli development later in 2013. From this we can deduce this much: The current drilling partner, also obviously aware of the progress of the current drilling program, has already likely told Dejour that it will commit to a second drilling program at Kokopelli. With this, there are two items of interest. #1, Dejour will have more favorable terms with which to negotiate the second drilling program. And #2, due to the WPX Mancos discovery well nearby, we know Dejour ABSOLUTELY wants to drill a horizontal (Mancos) at Kokopelli because of the tremendous economies of scale/total return and the incredible bump its overall proven, developed reserves could potentially receive if successful. So, the question is will the second drilling program at Kokopelli involve a horizontal or will it involve another multi-well vertical program, or perhaps both?

With at least one HZ drilled at Roan Creek over the next 12-15 months and should the company drill one at Kokopelli, if successful, and if at a fraction of the WPX discovery HZ, these two plays alone could be a game-changer for DEJ

Sentiment: Strong Buy

First, let me say I find it a little odd that both Mississippi and Florida wait until the 11th hour, some three years after the spill, to file suit against BP. If you're incredibly concerned about recovering damages for and on the behalf of the people of Mississippi and Florida, why on earth would you wait three years later to file a suit for which you are trying to recover damages?

Secondly, any time a company is hit with a lawsuit, particularly by a state, I'd hardly call it a non-event. So surely there will be some additional settlement money awarded here.

I've taken a position in BP this spring largely because of the outstanding dividend and the belief that the worst was behind the company. My question to other BP investors is, what's the level of confidence that the dividend will remain in good shape (uncut) going through all this (multiple phases of the trial and subsequent additional settlements)?

Thanks

As a dividend income investor, I - for one - hope that Kimberly Clark is never bought out. I just took a position in KMB the day after Warren Buffett bought Heinz. I sold my Heinz stake to get into KMB. I am in KMB for the long-run and like a lot of other dividiend income investors, I am looking to build up years of compounded interest. That's not possible obviously if the company is bought out. I hope that's not he case and KMB is a stand-alone company for decades to come.

This is an extremely predictable company with a compelling dividend, sufficient, sustainable cash flow and I'm glad I took a position here.

Just venting. :-)

Sentiment: Buy

People do get second chances in life. Just wondering if maybe the mastermind behind HealthSouth would get a second chance.

This would raise the annual dividend to $2.64 per share. I think this is realistic.

I'm trying to further diversify a little and I'm thinking about taking a position in Pfizer. For the longs here, how committed is management to the dividend and growing it? I know there was a cut several years ago, but from what I can tell the vast majority of the last several decades the history of distribution and increased dividends looks strong.

Thanks.

I am thinking about taking a position in BP. I will say up front I am a dividend investor and that's basically the sole reason I'm looking at BP. COP is my biggest position in energy, but I'm looking to diversify a little.

Do you feel BP is a company that long-term 10-15+ years out will still be paying a compelling dividend? Is it something that's important to management?

Thanks in advance.

Just sent you an email.

At this point, it's hard to see how Kimberly-Clark does not split either this year or 2014. KMB is on a roll!

I know some on this board have said current management isn't fired up about splitting the stock, but at the stock's current rate of appreciation, I think it's reasonable that at some point later this year or in 2014 that management would have to give strong consideration towards a split. Surely they're not going to let this thing push above $120+.