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Timothy Smith

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Timothy Smith

Re: Enterprising Investor post# 281

Wednesday, 12/24/2014 7:59:15 PM

Wednesday, December 24, 2014 7:59:15 PM

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@EI - That is a tall order if prices remain low. Anadarko has a long runway ahead as the Wolfcamp remains a relatively new play for the company.

With ten rigs in the area, Anadarko plans to bring 80 wells online in the formation this year.

Over the course of a little over a year, Anadarko has been able to boost its Wolfcamp production from practically nothing to ~10,000 BOE/d by the third quarter of 2014.

Purely my own opinion. Do your Due Diligence.
Oil and Gas Stocks | Micro Cap | Small Cap | Mid Cap

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