Bakken Update: Q4 Results Around Kodiak's Polar And Koala Prospects

Thu, 02/09/2012 - 16:47 EDT - Seeking Alpha

By Michael Filloon: The article "Q4 Production Update For The Bakken," noted some concern about Kodiak's (KOG) most recent production numbers. Not only had wells come in under expectations, but there were also problems with completions.I would like to make a point to say that Kodiak is in my opinion a very well run company with excellent acreage. I could even say it has the best Bakken acreage as its northeast McKenzie and southeast Williams (and non-operated Dunn County) make up a very large percentage of its acreage as a whole. This area has had very good well results from Brigham (STO), Newfield (NFX), Denbury (DNR), and Kodiak. Here are some fourth-quarter of 2011 wells in the general area of Kodiak's Koala (McKenzie County) and Polar (Williams County) prospects. Of record Newfield only completed one well in the fourth quarter. Keep in mind Newfield has pulled back in the Bakken because ofComplete Story »

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Bakken Update: Denbury Is Using Significant Volumes Of Water In Completions
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By Michael Filloon: In "Bakken Update: Q4 Results Around Kodiak's Polar And Koala Prospects," I tried to show current production numbers coming from southeast Williams and northeast McKenzie counties. The reason for this is to show how this area is progressing versus others in the Bakken.
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By Michael Filloon: << See Part IV
Bakken Update: How Good Is Kodiak's New Acreage? Part IV
By Michael Filloon: << Return to Part III

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Bakken Update: Q4 Results Around Kodiak's Polar And Koala Prospects

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