Archive for December 2nd, 2009


02
Dec

Wednesday – Oil Preview Plus NOG and Coal Thoughts

  Market Sentiment Watch: Quietly optimistic, forgetting about Dubai, concerned over the jobs report on Friday. Eco Data Watch: ADP employment came in at a loss of 169,000 jobs vs 203,000 jobs lost in last month’s survey. Recall that the market is looking for 100,000 jobs lost with this Friday’s report. Beige Book later this […]


02
Dec

NOG Notes

Zman Company Updated ~ 12/2/09 Bakken Player with small working interests in lots of wells, Williston Basin: 85,000 net acres Red River area: 22,000 net acres Balance Sheet: No debt, recent secondary took care of that, provides about $45 mm cash on hand as well. Game Plan: drill 14 to 16 net wells in 2010 […]

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