Bakken Update: How Good Is Kodiak's New Acreage? Part VI
By Michael Filloon: In Part 4 of this series, I broke down Kodiak's (KOG) acreage into individual prospects. Of its current 155000 net acres, approximately 90000 is in the Polar and Koala leaseholds. To assess the value of this acreage, a comparison could be made to another recently acquired company. I have received a significant number of emails from investors wondering how Kodiak stacks up against Brigham (BEXP). No matter what the comparison is, it is always difficult to judge whether one leasehold is better than another this early in the development stage. It helps that Brigham has provided a significant amount of information, which will aid in developing a value.Brigham's acreage breaks down like thisComplete Story »
- Original article
- Login or register to post comments

