Replies to post #61 on Emerald Oil, Inc. (EOXLQ)

[Timothy Smith]

$EOX - The company is a small (~$160mm market capitalization) independent E&P concern. The company's main production comes from the 54,000 net acres (23,500 operated acres/30,500 non-operated acres) it has in the Bakken shale region (Williston).

It has tens of thousands of other net acres in other shale regions outside the Bakken. Emerald's main production comes from its core Williston acreage and it has been in the process of selling off its other properties to raise capital to concentrate on developing its operated acreage in the Bakken.

Given this, its core assets in the Williston region will be the focus of this article. Production is currently ~90% oil and over 50% hedged.

http://seekingalpha.com/article/1507252-emerald-oil-quite-possibly-the-most-undervalued-bakken-producer?source=google_news