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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Ed Ajootian who wrote (140154)10/4/2010 11:11:31 AM
From: Ed Ajootian  Read Replies (1) of 206159
 
Resolute Energy (REN) -- right on que, GeoResources has spudded the first well in their Bakken JV with REN (each has 47.5% W.I.). I understand the well was spudded on 9/25. The area in which they are drilling has been virtually already been de-risked thanks to some drilling near to the south by Oasis.

From here to the foreseeable future there will be at least one Bakken rig (2 once the Marathon play starts), with REN's name on it. Hopefully this news will light a fire under the stock.
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