Wall Street is liking the Whiting results. WLL is up over 20% this morning.
EOG should see a similar spike when they announce their 3rd quarter results. On Oct 29, 8:48 pm, go-devil <[EMAIL PROTECTED]> wrote: > Whiting Petroleum Corporation's Third Quarter 2008 Earnings Reach a > Record $112.4 Million or $2.65 per Share > > Discretionary Cash Flow Increases to a Record $255.6 Million > > Record Q3 08 Average Production of 50,480 BOE/D Up 24% from Q3 07 > and > Up 14% from Q2 08 > > Record September 2008 Production of 51,700 BOE/D Up 10% from June > 2008 > Average of 47,100 BOE/D > > DENVER, Oct. 29 /PRNewswire-FirstCall/ -- Whiting Petroleum > Corporation > (NYSE: WLL) today reported record third quarter 2008 net income of > $112.4 > million, or $2.66 per basic share and $2.65 per diluted share, on > total > revenues of $388.4 million. This compares to third quarter 2007 net > income > of $47.7 million, or $1.14 per basic share and $1.13 per diluted > share, on > total revenues of $233.5 million. During the third quarter of 2008, > Whiting > recognized a non-cash, after-tax unrealized gain on commodity > derivative > contracts of $6.7 million, or $0.16 per share. > > Discretionary cash flow in the third quarter of 2008 totaled a > record > $255.6 million, more than double the $108.0 million reported for the > same > period in 2007. A reconciliation of discretionary cash flow to net > cash > provided by operating activities is included at the end of this news > release. The increases in net income and discretionary cash flow in > the > third quarter of 2008 versus the comparable 2007 period were primarily > the > result of a 24% increase in the Company's total equivalent production, > a > 43% increase in the Company's realized oil price (net of hedging) and > a 71% > increase in its realized gas price. > > Production in the third quarter of 2008 totaled a record of 4.64 > million barrels of oil equivalent (MMBOE), of which 3.28 million > barrels > were crude oil (71%) and 1.36 MMBOE was natural gas (29%). This third > quarter 2008 production total equates to a daily average production > rate of > 50,480 barrels of oil equivalent (BOE), compared to the 40,640 BOE per > day > average rate in 2007's third quarter. The third quarter 2008 daily > average > production rate of 50,480 BOE represents a 14% sequential increase > from the > second quarter 2008 average daily rate of 44,200 BOE. September 2008 > average production of 51,700 BOE per day represents a 10% increase > from the > June 2008 average daily rate of 47,100 BOE. > > Approximately 1,480 BOE per day of production was interrupted > during > September 2008 due to Hurricane Ike. Substantially all of this > production > was back on stream by October 1, 2008. > > Production increases were due to a combination of successful > drilling > results in the prolific Bakken and Piceance projects as well as > continued > production increases from the Company's CO(2) flood projects at the > Postle > and North Ward Estes fields. The primary contributor to Whiting's > production increases in the third quarter of 2008 came from new wells > in > the Middle Bakken formation in the Sanish and Parshall fields in > Mountrail > County, North Dakota. The following table summarizes the Company's > operated > and non-operated net production from the Sanish and Parshall fields in > the > third quarter and in September 2008: > > Operated and Non-operated Bakken Net Production by Field > (In BOE) > > 3rd Qtr 2008 September 2008 > ------------ -------------- > Parshall Sanish Total Parshall Sanish Total > -------- ------ ----- -------- ------ ----- > > Whiting > Operated 72,126 418,100 490,226 38,435 156,070 > 194,505 > Non-Operated 446,679 -- 446,679 156,049 -- > 156,049 > Other > Non-Operated 5,592 41,919 47,511 2,305 19,736 > 22,041 > ----- ------ ------ ----- ------ > ------ > 524,397 460,019 984,416 196,789 175,806 > 372,595 > ======= ======= ======= ======= ======= > ======= > > Daily BOE 5,700 5,000 10,700 6,560 5,860 > 12,420 > Commercial Banking Facility > > In September, Whiting's bank group, as requested, reconfirmed the > Company's $900 million borrowing base, maturing in August 2010. The > Whiting > bank group is comprised of 24 commercial banks holding between 1.8% > and > 6.8% of the total facility. As of September 30, 2008, approximately > $500 > million was drawn on the facility and approximately $3 million in > letters > of credit were outstanding, resulting in approximately $397 million of > availability. The large number of banks and relatively low hold levels > allow for flexibility should there be additional consolidation within > the > banking sector. > > 2009 Capital Spending Budget > > Although the Company will not submit its 2009 capital spending > budget > to its Board of Directors until later this year, Whiting expects to > submit > a budget in line with the Company's estimated 2009 discretionary cash > flow. > Such a budget is expected to generate double-digit production growth > in > 2009. > > Nine Months Financial and Operating Results > > For the nine months ended September 30, 2008, Whiting reported net > income of $255.2 million, or $6.03 per basic share and $6.01 per > diluted > share, on total revenues of $998.3 million. This compares to net > income of > $84.9 million, or $2.20 per basic share and $2.19 per diluted share, > on > total revenues of $586.4 million in the first nine months of 2007. > Discretionary cash flow for the first nine months of 2008 totaled > $633.4 > million, compared to $282.3 million in the comparable 2007 period. > > Production in the first nine months of 2008 totaled 12.4 MMBOE, or > 45,280 BOE per day, compared to production of 11.0 MMBOE, or 40,280 > BOE per > day, in the first nine months of 2007. > > James J. Volker, Whiting's Chairman, President and CEO, commented, > "We > continue to generate substantially all of our production growth > organically. Our net production from the Middle Bakken formation rose > 48% > to 12,420 BOE per day in September 2008 from 8,400 BOE per day in June > 2008. Combined production from our CO(2) projects increased 15% to > 13,400 > BOE per day in September from 11,700 BOE in June as both projects are > responding to CO(2) injection and waterflooding. In addition, our net > production from the Boies Ranch prospect in the Piceance Basin ramped > up to > more than 9.5 million cubic feet of gas per day (1,583 BOE per day) in > September 2008, an increase of 56% from the June 2008 average daily > net > rate of 6.1 million cubic feet of gas (1,017 BOE per day)." > > Mr. Volker continued, "We expect the trend established in the > first > nine months of 2008 to continue during the fourth quarter of this year > and > through 2009." > > As of October 20, 2008, 18 operated drilling rigs and 37 operated > workover rigs were active on our properties. We were also > participating in > the drilling of eight non-operated wells, four of which are located in > the > Parshall field. The breakdown of our operated rigs is as follows: > > Region Drilling Workover > ------ -------- -------- > Rocky Mountain > Bakken / Williston 5 3 > Piceance 3 1 > Other Rockies 2 2 > Permian 2 7 > Mid-Continent/Michigan 1 1 > Gulf Coast 2 0 > Postle 2 4 > North Ward Estes 1 19 > -- -- > Totals 18 37 > Other Noteworthy Events and Results > > -- Since July 1, 2008, Whiting has completed 12 significant > single-lateral > Bakken oil and gas producers in the Sanish field. The > following table > summarizes the results of these recent wells and the results > of all 21 > Whiting-operated wells in the Sanish field: > > Well Name WI NRI Completion IP 1st > 1st > --------- -- --- Date (BOE/D) 30 Days > 60 Days > ---- 24-hr. (BOE/D) > (BOE/D) > Test ------- > ------- > ---- > 1) Kinnoin > 11-14H 52% 42% 10/29/08 3,646 N/ > A N/A > 2) Richardson > Fed 11-9H 85% 69% 10/22/08 4,570(1) N/ > A N/A > 3) Roggenbuck > 11-25H 78% 64% 10/13/08 1,950 N/ > A N/A > 4) Lacey > 11-10H 73% 59% 09/29/08 1,811 N/ > A N/A > 5) Pennington > 11-3H 66% 54% 09/20/08 1,473 > 714 N/A > 6) Neisheim > 1-24H 67% 54% 09/10/08 2,169 > 1,048 N/A > 7) Brehm > 44-5H 99% 81% 09/04/08 1,298 > 709 N/A > 8) Kannianen > 11-4H 95% 77% 08/09/08 2,226 > 914 714 > 9) Smith > 11-7H 69% 56% 07/31/08 2,421 > 717(2) 757 > 10) Littlefield > 11-29H 93% 75% 07/27/08 1,986 > 673(2) 640 > 11) Stenseth > Trust > 11-5H 73% 59% 07/06/08 3,044 > 903(2) 717 > 12) Lacey > 11-1H 86% 70% 07/01/08 2,330 > 976 793 > 13) Behr > 11-34H 54% 44% 06/20/08 3,245 > 1,335 969 > 14) Abbott > 11-18H 99% 80% 06/16/08 1,959 > 1,088 892 > 15) Locken > 14-28H 78% 63% 05/31/08 1,719 > 935 756 > 16) Braaflat > 11-11H 97% 78% 05/23/08 2,997 1,505 > 1,271 > 17) Maynard > Uran > 11-24H 84% 68% 04/23/08 2,132 > 1,056 883 > 18) Peterson > 11-34H 91% 75% 03/19/08 1,088 > 541 437 > 19) Liffrig > 11-27H 81% 67% 01/24/08 2,530 > 1,114 932 > 20) Locken > 11-22H 99% 82% 12/16/07 1,651 > 946 756 > 21) Peery > State > 11-25H 99% 80% 05/13/07 1,254 > 825 738 > --- --- ----- > --- --- > > Averages 82% 67% 2,262 > 941 804 > > (1) The Richardson Federal 11-9H recorded the highest initial > production > rate for any Bakken well drilled to date, according to > filings with > the North Dakota Industrial Commission. > (2) The first 30-day average production rate was restricted due > to > maintenance on the Enbridge crude oil line that transports > oil from > the Sanish and Parshall fields. > Whiting's net production from the Middle Bakken formation in the > Sanish > and Parshall fields of Mountrail County, North Dakota averaged 12,420 > BOE > per day in September 2008, up 48% from the 8,400 BOE average daily > rate in > June 2008. > > Whiting's net production from the Sanish field in September 2008 > averaged 5,860 BOE per day, compared to a net daily rate of 3,400 BOE > in > June 2008. As reflected in the footnote above, production volumes were > restricted as a result of the maintenance performed on the Enbridge > pipeline that transports crude oil from the Sanish and Parshall fields > to > Midwestern markets. However, there was only a minor impact on August > production as Whiting found additional crude oil purchasers for its > oil > production from the area during this period. Whiting expects its 17- > mile > oil line connecting the Sanish field to the Enbridge pipeline to be in > service by February 2009. > > Whiting is currently drilling or completing five operated wells in > the > Sanish field with an average working interest of 86%. These wells > include > the Company's first Three Forks well, the Braaflat 21-11TFH. Test > results > from this well are expected in December 2008. > > Whiting is also drilling its first in-fill well, the McNamara > 42-26H > well, an approximate 10,000-foot lateral across two 1,280-acre spacing > units in the Sanish field. Test results from this well are also > expected in > December 2008. > > The Company currently has five operated rigs working in the Sanish > field and expects to have eight operated rigs drilling in the area by > year-end 2008. From January 1 through September 30, 2008, Whiting > completed > 18 operated wells in the Sanish field and expects to complete an > additional > 14 to 16 wells during the balance of the year. Whiting expects all of > these > to be single-lateral wells drilled on 1,280-acre spacing units. > Whiting > estimates that it has a total of 128 operated locations in the Sanish > field, of which 21 have been completed. The 107 remaining operated > locations are expected to be drilled during the next 24 to 30 months. > Potential in-fill drilling could bring the total to over 200 Middle > Bakken > wells in the Sanish field alone. Whiting holds interests in a total of > 118,571 gross acres (83,310 net acres) in the Sanish field. > > Whiting completed construction of the first phase of its Robinson > Lake > gas processing plant in the Sanish field in late June 2008 and the > installation of a 17-mile natural gas/natural gas liquids (NGLs) > pipeline > to Stanley, North Dakota in August 2008. Whiting-operated net gas > sales > from the plant are currently averaging approximately 1.0 million cubic > feet > (MMcf) per day and net NGL sales are currently averaging approximately > 130 > barrels per day. Whiting expects to complete the expansion of the > Robinson > Lake gas plant to a capacity of 33 MMcf of gas per day in December > 2008, at > which time net daily sales are expected to approximate 3 MMcf to 4 > MMcf of > gas and 700 barrels of NGLs. Net sales are expected to reach > approximately > 20 MMcf of gas and 3,000 barrels of NGLs by mid-2010. > > In the Parshall field, Whiting owns interests in 72,790 gross > acres > (14,982 net acres). As of September 30, 2008, Whiting has participated > in a > total of 64 wells that produce from the Bakken formation, 40 of which > have > been completed in 2008. Whiting expects to participate in an > additional 20 > to 30 wells in the Parshall field in 2008 with an average working > interest > of 25%. Four drilling rigs are expected to be working in the Parshall > field > through 2008. Whiting's net production from the Parshall field in > September > 2008 averaged 6,560 BOE per day, up 31% from a net daily rate of 5,000 > BOE > in June 2008. > > -- Whiting's expansion of its CO(2) flood at the Postle field, > located > in Texas County, Oklahoma, continues to generate positive > results. > Production from the field has increased from a net 5,800 BOE > per day in > December 2007 to a net 6,800 BOE per day in September 2008, an > increase > of 17%. This project is part of the Company's plan to expand > the > existing water and CO(2) floods from the eastern half of the > Postle > field to the western half of the field. The field includes > six > producing units covering a total of approximately 25,600 gross > acres > (24,223 net acres) with working interests of 94% to 100%. > -- The North Ward Estes field in Ward and Winkler Counties, Texas > is > responding to the Company's waterflood and CO(2) injection, > which > it initiated in May 2007 at 2 MMcf per day and ramped up to > 100 MMcf per > day of CO(2) injection in January of 2008. Net production > from North > Ward Estes in September 2008 averaged 6,600 BOE per day, up > 31% from > 5,050 BOE per day in December 2007. The Company expects > production > rates to continue to increase from both the North Ward Estes > and Postle > fields. > -- Whiting recently completed its first well at the Company's > Jimmy > Gulch prospect in Rio Blanco County, Colorado as a successful > gas > producer. The Federal 397-3G-G1 was completed in early > October flowing > 4.4 MMcf of gas per day through a 32/64-inch choke with a > flowing casing > pressure of 1,600 psi. Production is from 414 feet of net pay > in the > Iles and Williams Fork formations. The well was fracture > stimulated in > nine stages. The Company holds an 87% working interest and a > 76% net > revenue interest in the new gas well. Based on 20-acre > spacing, Whiting > has a total of approximately 32 potential locations at its > Jimmy Gulch > prospect. Potential 10-acre downspacing would add > approximately 32 well > locations. > At our Boies Ranch prospect in Rio Blanco County, 15 wells were > producing at a combined average net rate to Whiting of 9.5 MMcf of gas > per > day in September 2008, representing a 56% increase from the June 2008 > average daily net rate of 6.1 MMcf of gas. Whiting made alternative > marketing arrangements for its Piceance Basin gas production in > September > to mitigate the impact of hydro-testing on a section of the REX > pipeline > for most of the month. The Company holds an average 72% working > interest > and an average 63% net revenue interest in the 15 Boies Ranch gas > wells. As > of October 22, 2008, four additional gas wells had been completed, > bringing > the total number of gas producers in the field to 19, three wells were > being drilled, four wells were being completed and four wells were > awaiting > completion. Eight of these 11 wells are expected to be on stream by > December 2008. > > Whiting holds interests in 2,760 gross acres (1,570 net acres) on > the > Boies Ranch and Jimmy Gulch prospects. Currently, Whiting plans to > drill a > total of 153 wells at Boies Ranch, 77 on 20-acre spacing and 76 on 10- > acre > spacing. At Jimmy Gulch, we plan to drill 32 wells on 20-acre spacing. > In > addition, we own an average 16% working interest in an additional > 14,133 > lease federal acres in the area. > > The following table summarizes the Company's net production and > commodity price realizations for the quarters ended September 30, 2008 > and > 2007: > > Three Months Ended > ------------------ > Production 9/30/08 9/30/07 > Change > ---------- ------- ------- > ------ > Oil and condensate (MMbbls) 3.28 > 2.48 32% > Natural gas (Bcf) 8.16 > 7.55 8% > Total equivalent (MMBOE) 4.64 > 3.74 24% > > Average Sales Price > ------------------- > Oil and condensate (per Bbl): > Price received $108.04 > $67.51 60% > Effect of crude oil hedging > (1) (12.76) (0.85) > ------- ------ > Realized price $95.28 > $66.66 43% > ====== ====== > > Natural gas (per Mcf): > Price received $8.65 > $5.06 71% > Effect of natural gas hedging - - > Realized price $8.65 > $5.06 71% > ===== ===== > > (1) Whiting realized a cash loss of $41.9 million before tax on > its > crude oil hedges during the third quarter of 2008. A summary > of > Whiting's outstanding hedges is included later in this news > release. > Third Quarter and Nine Months Costs and Margins > > A summary of production, cash revenues and cash costs on a per BOE > basis is as follows: > > Per BOE, Except Production > -------------------------- > Three Months Nine Months > Ended September 30, Ended September > 30, > ------------------- > ------------------- > 2008 2007 2008 2007 > ---- ---- ---- ---- > Production (MMBOE) 4.6 3.7 12.4 11.0 > > Sales price, net > of hedging $82.59 $54.43 $79.77 $50.55 > Lease operating > expense 13.93 14.30 14.33 14.05 > Production tax 6.08 3.53 5.80 3.17 > General & > administrative 3.72 2.88 4.18 2.54 > Exploration 1.58 2.11 1.74 1.74 > Cash interest > expense 3.45 3.91 3.56 4.69 > Cash income tax > expense 0.10 0.91 0.11 0.50 > ---- ---- ---- ---- > $53.73 $26.79 $50.05 $23.86 > ====== ====== ====== ====== > With the exception of the Company's gas price basis differential, > all > of the above financial and operating statistics for the third quarter > were > in line with or better than its previously announced guidance. > > The company-wide basis differential for natural gas compared to > NYMEX > in the third quarter was $1.62 per Mcf, which compared to $1.10 per > Mcf in > the third quarter of 2007 and $0.92 per Mcf in the second quarter of > 2008. > Whiting expects its gas price differential to be in the range of $1.00 > to > $1.50 in the fourth quarter of 2008. > > During the third quarter, the company-wide basis differential for > crude > oil compared to NYMEX was $10.09 per barrel, which compared to $7.52 > per > barrel in the third quarter of 2007 and $10.72 per barrel in the > second > quarter of 2008. Whiting expects its oil price differential to be in > the > range of $9.00 to $10.25 in the fourth quarter of 2008. > > Third Quarter 2008 Drilling Summary > > The table below summarizes Whiting's drilling activity and > exploration > and development costs incurred for the three and nine months ended > September 30, 2008: > > Gross/Net Wells Completed > ------------------------- > > Expl. > & Dev. > Total New % Success > Cost > Producing Non-Producing Drilling Rate (in > millions) > --------- ------------- -------- ---- > ------------- > Q308 70 / 27.4 8 / 5.1 78 / 32.5 90% / 84% > $273.2 > 9M08 201/ 83.2 17 / 7.2 218/ 90.4 92% / 92% > $683.5 > Outlook for Fourth Quarter and Full-Year 2008 > > The following table provides a summary of certain estimates for > the > fourth quarter and full-year 2008 based on current forecasts. > Whiting's > full-year 2008 capital budget is $900 million (excluding acquisition > costs). > > Guidance for the fourth quarter and full-year 2008 is as follows: > > Guidance > -------- > Fourth Quarter Full- > Year > 2008 > 2008 > ---- > ---- > > Production (MMBOE) 4.90 - 5.10 17.30 - > 17.50 > Lease operating expense per BOE $12.90 - $13.20 $13.90 - > $14.10 > General and admin. expense per BOE $2.80 - $3.00 $3.70 - > $3.90 > Interest expense per BOE $3.60 - $3.80 $3.80 - > $3.95 > Depr., depletion and amort. per > BOE $16.80 - $17.20 $15.10 - > $15.30 > Prod. taxes (% of production > revenue) 6.7% - 7.0% 6.5% > - 6.7% > Oil Price Differentials to NYMEX > per Bbl $9.00 - $10.25 $9.25 - > $ 9.75 > Gas Price Differentials to NYMEX > per Mcf $1.00 - $1.50 $0.90 - > $ 1.10 > Oil Hedges and Fixed-Price Gas Contracts > > Whiting Petroleum Corporation's outstanding hedges and fixed-price > gas > contracts as of October 1, 2008 are summarized below: > > NYMEX Price As a > Percentage of > 2008 Contracted Volume Collar Range > September 2008 > Hedges (Bbls per Month) (per Bbl) Oil > Production > ------ ---------------- --------- > -------------- > > Q4 110,000 $48.00 - $70.20 > 10% > Q4 120,000 $60.00 - $75.85 > 11% > Q4 100,000 $65.00 - $81.20 > 9% > > Fixed Price Natural Gas 2008 Contract As > a > Contracts Volumes in Price (1) > Percentage of > --------- MMBtu per per MMBtu > September 2008 > Month --------- Gas > Production > ----- > -------------- > Oct. 2008 - May 2011 24,000 $4.94 1% > Oct. 2008 - Sep. 2012 67,000 $4.38 3% > > (1) Annual 4% price escalation on fixed price contracts. > In conjunction with the Whiting USA Trust I, Whiting entered into > certain oil and natural gas hedges on the underlying properties. > Whiting's > retained 10% interest in the underlying properties combined with its > ownership of 2,186,389 trust units results in third-party public > holders of > trust units receiving 75.8%, and Whiting retaining 24.2%, of the > future > economic results of the hedge contracts listed below. > > Contracted Volume NYMEX Price Collar > Range > ----------------- > ------------------------ > Oil Natural Gas > Bbls per Mcf per Oil > Gas > Hedges Month Month (per Bbl) (per > MMBtu) > ------ ----- ----- --------- > ----------- > > Q4 08 51,436 228,830 $82.00 - $131.58 $7.00 - > $19.00 > 2009 48,166 198,974 $76.00 - $137.43 $6.50 - > $17.11 > 2010 43,488 170,589 $76.00 - $134.98 $6.50 - > $15.06 > 2011 39,614 150,313 $74.00 - $140.15 $6.50 - > $14.62 > 2012 36,189 132,232 $74.00 - $141.72 $6.50 - > $14.27 > > Selected Operating and Financial Statistics > > Three Months Ended Nine Months > Ended > ------------------ > ----------------- > September 30, September > 30, > ------------- > ------------- > 2008 2007 2008 > 2007 > ---- ---- ---- > ---- > Selected > operating > statistics > Production > Oil and > condensate, > Mbbl 3,284 2,480 8,676 > 7,106 > Natural gas, > MMcf 8,160 7,551 22,394 > 23,336 > Oil equivalents, > MBOE 4,644 3,739 12,408 > 10,995 > Average Prices > Oil, Bbl > (excludes > hedging) $108.04 $67.51 $104.21 > $58.37 > Natural gas, Mcf > (excludes > hedging) $8.65 $5.06 $8.87 > $6.14 > Per BOE Data > Sales price > (including > hedging) $82.59 $54.43 $79.77 > $50.55 > Lease operating $13.93 $14.30 $14.33 > $14.05 > Production taxes $6.08 $3.53 $5.80 > $3.17 > Depreciation, > depletion and > amortization $15.99 $13.19 $14.47 > $13.02 > General and > administrative $3.72 $2.88 $4.18 > $2.54 > Selected > Financial Data > (In thousands, > except per > share data) > Total revenues > and other > income $388,434 $233,528 $998,258 > $586,355 > Total costs and > expenses $211,487 $156,181 $594,666 > $450,890 > Net income $112,417 $47,713 $255,179 > $84,850 > Net income per > common share, > basic $2.66 $1.14 $6.03 > $2.20 > Net income per > common share, > diluted $2.65 $1.13 $6.01 > $2.19 > > Average shares > outstanding, > basic 42,322 42,027 42,305 > 38,555 > Average shares > outstanding, > diluted 42,465 42,152 42,464 > 38,728 > Net cash > provided by > operating > activities $282,361 $122,656 $611,452 > $272,609 > Net cash used in > investing > activities $(286,922) $(82,318) $(855,586) > $(325,047) > Net cash > provided by > (used in) > financing > activities $ - $(39,523) $250,000 > $50,771 > Conference Call > > The Company's management will host a conference call with > investors, > analysts and other interested parties on Thursday, October 30, 2008 at > 11:00 a.m. EDT (10:00 a.m. CDT, 9:00 a.m. MDT) to discuss Whiting's > third > quarter 2008 financial and operating results. Please call (800) > 688-0836 > (U.S./Canada) or (617) 614-4072 (International) and enter the pass > code > 75669563 to be connected to the call. Access to a live Internet > broadcast > will be available athttp://www.whiting.comby clicking on the link > titled > "Webcasts." Slides for the conference call will be available on this > website beginning at 11:00 a.m. (EDT) on October 30, 2008. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Bakken Shale Discussion" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/bakken-shale-discussion?hl=en -~----------~----~----~----~------~----~------~--~---
