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Vantage Drilling Company Message Board

wharfrat1940 15 posts  |  Last Activity: Sep 12, 2014 6:52 PM Member since: Mar 8, 2002
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  • Reply to

    Tremendous Buying Opportunity here.......

    by optiontrader99 Sep 10, 2014 12:58 PM
    wharfrat1940 wharfrat1940 Sep 12, 2014 6:52 PM Flag

    Hey fred-red, I like your idea of selling the SEO 82.5. Certainly no risk there if you don't mind taking the shares. Seems to me that you win either way. You get the cash...if we are on the bottom or you get the shares at a damn good price. I may do something like this myself.

    Sometimes you get some good ideas on this board. This is a winning strategy. I do lots of selling necked puts as well as buying the calls. I own lots of KOG since August 2011 and have acquired lots below 7.00.

    Good luck and Lots of Cheers, RAT in Houston, Texas

    Sentiment: Strong Buy

  • Reply to

    $22-23

    by wingspan_rhythm Sep 3, 2014 1:07 PM
    wharfrat1940 wharfrat1940 Sep 12, 2014 6:24 PM Flag

    Hey wingspan - That sounds too good to me, but I like the idea... ;)

    Good luck. I am holding onto my shares of KOG and will take the WLL shares whenever they come along.

    Lots of Cheers, RAT in Houston, Texas

    Sentiment: Strong Buy

  • Reply to

    SALE

    by 1775navy Aug 25, 2014 2:37 PM
    wharfrat1940 wharfrat1940 Aug 26, 2014 10:53 AM Flag

    Hey wbutler3933... I have not been down the the pier in Galveston recently...but I am loving 16 and don't intend on selling any KOG except for ~1,000 shares every now then to help support my lifestyle! ;) Lots of Cheers to everybody here who is riding this BEAR. RAT in Houston, Texas

    Sentiment: Strong Buy

  • Most of the O&G companies had a big drop today with CL falling $2.09 to $95.50 (-2%). We may drop a little more but nothing I know of in the geopolitical arena is "good news". I'd like for somebody for their thoughts and projections on the future pricing for CL (Crude Oil).

    RAT in Houston, Texas

    Sentiment: Strong Buy

  • Today KOG is trading at ~ 15.11 or only 1.3% above the close on 7/11/14 which was 14.91...
    WLL is traiding at ~86.31 or 9.9% above the price at the close on 7/11/14 which was 78.54...
    The KOG exchange rate .177% of WLL's. Accordingly KOG should be trading at 15.28...!

    What do you think? I think KOG is a better buy than WLL at the moment. ;)

    RAT in Houston, Texas

    Sentiment: Strong Buy

  • Reply to

    CNBC stock site shows

    by hairyassgreek Aug 12, 2014 11:15 PM
    wharfrat1940 wharfrat1940 Aug 13, 2014 10:12 AM Flag

    Hey Trap, I think I remember you from way back when we both followed HLX and their offspring. Do you remember Old Watchdog? It may have been on a different message board. Let me know if you remember...I am fairly sure I recognize your handle!

    Sentiment: Strong Buy

  • Reply to

    Looks like Zacks is jumping on board.

    by takithom Aug 11, 2014 9:14 AM
    wharfrat1940 wharfrat1940 Aug 11, 2014 2:01 PM Flag

    It sure doesn't hurt!

    Sentiment: Strong Buy

  • Reply to

    buyout

    by wildestbergeron Aug 11, 2014 9:16 AM
    wharfrat1940 wharfrat1940 Aug 11, 2014 1:59 PM Flag

    You could be right there! ;) I don't think it will happen real soon, but there will be suitors once they prove out their reserves and get some more excellent wells.

    RAT in Houston, TEXAS

    Sentiment: Strong Buy

  • Reply to

    Wakes Up Excited!

    by jefffeatherson Aug 7, 2014 9:53 AM
    wharfrat1940 wharfrat1940 Aug 8, 2014 5:55 PM Flag

    Well realfoxiegirl, I appreciate the complement. I am not necessarily so cool, but I have lots practice playing a strong stock with just this kind of strategy including APPLE. I am doing something very similar with KOG but with KOG I own (am long) lots of KOG stock beginning in 2011. I believe the KOG - WLL buyout will work out well. I down own any WLL stock yet! ;)

    Sentiment: Strong Buy

  • Reply to

    Wakes Up Excited!

    by jefffeatherson Aug 7, 2014 9:53 AM
    wharfrat1940 wharfrat1940 Aug 8, 2014 5:54 PM Flag

    JEFF - If HK reaches/approaches anything like $12-13/shr by January 2016, my positions will do well with both the short position in puts and the long position in calls. think it is a "fairly" conservative way to work the situation for something like an 18 month position, giving it time to play out. If things go badly, I make profits with the short puts that offset a loss with the long calls. I can also trade them and may not hold them all the way. Lots of luck to my friends over here investing in HK.
    RAT in Houston, Texas

    Sentiment: Strong Buy

  • Reply to

    Wakes Up Excited!

    by jefffeatherson Aug 7, 2014 9:53 AM
    wharfrat1940 wharfrat1940 Aug 7, 2014 6:49 PM Flag

    I also enjoyed your posts. I am accumulating HK stock plus lots of calls. Have sold 800 puts to pay for the calls Average calls are 2016 6's (split 50/50 with 5's and 7's (own 800 calls to control 80,000 shares. Own 20,000 shares long. What do you think?
    Cheers, RAT from Houston, Texas

    Sentiment: Strong Buy

  • wharfrat1940 wharfrat1940 Aug 5, 2014 12:06 PM Flag

    Deepsub is one of guys who has retired. If we hear muich from him again it will probably because he has been living too high on the hog! HaHA

  • I'd like to chime in here becaise I believe you are all wet in bashing Peterson and KOG. He and his team are skilled in their financing program, primarily with Wells Fargo, and their drilling and optimization program makes them a leading operator in the Bakens. You just can't argue with success by a leader who has seen it all before. Exxon being a partner in ~70 wells says alot too. XOM doesn't touch dumb companies!!!! I know because I retired from XOM. I own over 200,000 shares including owning a bunch of 2016 calls. My first buys were made in August 2011 and when it hit a low of $3.59 in October 2011 I really loaded up. My current cost basis is ~$6.70 not including the calls.

    I am not braggin or touting my brilliance. I know that lots of luck was involved, but I had done lots of homework (DD) before buying my first shares and have continued to follow it VERY closely.... I had experience with other Bakken companies being bought out at a premium in which I benefitted and I put all of that capital into KOG. At everfy chance I added more shares and then started buying calls.

    I am planning to hold KOG (WLL) for a long time or until I am far enough ahead to guarantee a very nice retirement. This does not rule out selling a few shares now and then to help support our love for travel and some other expensive hobbies! ;)

    I am currently also collecting HK with an average cost basis of $3.85 with any spare cash, including buying calls.

    I do not post often but some of the old timers recognize my handle and have been very supportive and helpful. One or two have retired after they were comfortable for a nice retirement. ;) I am 73 years old and having a ball!

    Lots of GL to all of you. Cheers, RAT in Houston, Texas Less

    Sentiment: Strong Buy

  • wharfrat1940 wharfrat1940 Aug 5, 2014 9:47 AM Flag

    KOG's DOWNSPACING INITIATIVES-

    Kodiak (KOG) has a net acreage of ~170,000 net acres in the Bakken. One of KOG’s closest competitors is Oasis Petroleum (OAS), another pure-play Bakken producer. However, Oasis’ acreage at ~507,000 net acres is considerably higher than KOG’s.

    Downspacing initiatives

    KOG has been making progress on improving its well costs through its “downspacing” initiatives, which have helped reduce well costs from over $10.5 million per well to under $9 million in 2014.

    Kodiak’s downspacing projects have been successful compared to similar initiatives by other companies. This could be positive for the Whiting-Kodiak acquisition. Downspacing and Whiting’s (WLL) superior well completion technology combined could help drive the overall well costs for WLL-KOG

    GLTA - RAT in Houston, Texas

    Sentiment: Strong Buy

  • wharfrat1940 wharfrat1940 Aug 5, 2014 9:21 AM Flag

    I'd like to chime in here becaise I believe you are all wet in your feelings about Peterson. He and his team are skilled in their financing program, primarily with Wells Fargo, and their drilling and optimization program makes them a leading operator in the Bakens. You just can't argue with success by a leader who has seen it all before. Exxon being a partner in ~70 wells says alot too. XOM doesn't touch dumb companies!!!! I know because I retired from XOM. I own over 200,000 shares including owning a bunch of 2016 calls. My first buys were made in August 2011 and when it hit a low of $3.59 in October 2011 I really loaded up. My current cost basis is ~$6.70 not including the calls.

    I am not braggin or touting my brilliance. I know that lots of luck was involved, but I had done lots of homework (DD) before buying my first shares and have continued to follow it VERY closely.... I had experience with other Bakken companies being bought out at a premium in which I benefitted and I put all of that capital into KOG. At everfy chance I added more shares and then started buying calls.

    I am planning to hold KOG (WLL) for a long time or until I am far enough ahead to guarantee a very nice retirement. This does not rule out selling a few shares now and then to help support our love for travel and some other expensive hobbies! ;)

    I am currently also collecting HK with an average cost basis of $3.85 with any spare cash, including buying calls.

    I do not post often but some of the old timers recognize my handle and have been very supportive and helpful. One or two have retired after they were comfortable for a nice retirement. ;) I am 73 years old and having a ball!

    Lots of GL to all of you. Cheers, RAT in Houston, Texas

    Sentiment: Strong Buy

VTG
1.64-0.01(-0.61%)Sep 16 4:02 PMEDT

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