Hot Energy Companies To Invest In 2015

Hot Energy Companies To Invest In 2015: Kodiak Oil & Gas Corp (KOG)

Kodiak Oil & Gas Corp. (Kodiak) is an independent energy company focused on the exploration, exploitation, acquisition and production of crude oil and natural gas in the United States. Kodiak has developed an oil and natural gas asset base of proved reserves, as well as a portfolio of development and exploratory drilling opportunities on high-potential prospects with an emphasis on oil resource plays. The Companys oil and natural gas reserves and operations are primarily concentrated in the Williston Basin of North Dakota. As of January 31, 2012, it had approximately 169,000 net acres under lease, including 157,000 net acres in the Bakken oil play in the Williston Basin of North Dakota and Montana. In January 2012, the Company acquired Williston Basin oil and gas producing properties and undeveloped leasehold. On January 10, 2012, it acquired certain oil and gas leaseholds, overriding royalty interests and producing properties located in North Dakota. Advisors' Opinion:

• [By Matthew DiLallo]

  In addition to Continental, there are a number of home-grown oil companies working overtime to turn this national treasure into a leading driver of national security. Two of these companies, Kodiak Oil & Gas (NYSE: KOG  ) and Oasis Petroleum (NYSE: OAS  ) , are almost exclusively focused on developing the oil shale of North Dakota. Kodiak has invested heavily over the past few years, which has enabled the company to grow its production from just 1,260 barrels of oil equivalent per day, or BOE/d, in 2010 to a plan of at least 30,000 BOE/d this year. Oasis has experienced a similar growth trajectory, growing from just 3,300 BOE/d in 2010 to an estimate of at least 31,500 BOE/d by the end of the year. The extra 60,000 BOE/d that these two companies are producing is oil that America no longer needs to import, thereby increasing our nation's energy security.

• [By Arjun Sreekum! ar]

  Not only are operators able to drill wells much faster than before and, in some cases, cheaper than before, many have been able to increase production while employing the same or fewer number of rigs. For instance, Bakken operator Kodiak Oil & Gas (NYSE: KOG  ) reported a drastic reduction in the number of spud-to-rig release days, which were down to the low 20s in the fourth quarter, as compared with nearly 35 in the year-earlier period.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/hot-energy-companies-to-invest-in-2015.html