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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (9014)	3/16/2008 1:15:50 PM
From: stomper	Read Replies (1) \| Respond to of 33421

Interesting. And it's supposedly, light sweet crude...would certainly make the economics of oil sands look a bit ridiculous.

To: Hawkmoon who wrote (9014)	3/16/2008 2:47:39 PM
From: nspolar	Respond to of 33421

If I was interested in investing in this I think I would gyrate to the service end. Maybe some smaller players as well. Developing the Bakken infers drilling, drilling, and more drilling, and over a long period of time. It does not appear these are anything close to high volume wells. Maybe they can be if they do enough side tracks. Also suspect the bigger wells need downhole pumps, but do not know for sure. In the middle of the oil retrenchment period down hole pump companies all but disappeared. Have not recently followed this end of the business. I have heard the oil patch is pretty hot in North Dakota these days, but I have not looked at the rig counts. I would not be surprised if Wood Group supplies quite a bit of equipment to these types of endeavors. TF finance.yahoo.com

To: Hawkmoon who wrote (9014)	3/16/2008 3:10:51 PM
From: Snowshoe	Read Replies (1) \| Respond to of 33421

>>But now I see what they were talking about.. 30 days!! Really thinking about some call options in DUG right now..<< 30 days from when? That report was undated...