StockPreacher.com issues Technical Trading Overview for Brigham Exploration Company
The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
(EMAILWIRE.COM, September 08, 2009 ) DALLAS, Texas - StockPreacher.com announces an investment report featuring independent oil and gas company Brigham exploration Company (Nasdaq: BEXP).
The investment report on Brigham Exploration Company (Nasdaq: BEXP) should be of particular interest to other oil and gas companies: Continental Resources Inc. (NYSE: CLR), Newfield Exploration Company (NYSE: NFX), XTO Energy Inc. (NYSE: XTO), Whiting Petroleum Corp. (NYSE: WLL) and Carrizo Oil & Gas Inc. (Nasdaq: CRZO).
It is available at: http://www.stockpreacher.com/n/BEXP
Brigham Exploration Company (BEXP) is an independent exploration, development and production company that utilizes advanced exploration, drilling and completion technologies to systematically explore for, develop and produce domestic onshore oil and natural gas reserves. The Company's exploration and development activities are concentrated in four provinces: the Rocky Mountains, the Onshore Gulf Coast, the Anadarko Basin and West Texas. The Company has also accumulated acreage positions in the Williston and Powder River Basins.
In the report, the analyst notes:
“In late August, BEXP announced successful results from its Figaro well. During its early peak 24-hour flow back period, the well produced approximately 1,616 barrels of oil and 1.7 MMcf of natural gas, or 1,895 barrels of oil equivalent per day from the Bakken formation. BEXP’s Figaro 29-32 is the third 18+ stage fracture stimulation completed in the Williston after earlier in the month, the Company had announced that the Anderson well produced approximately 2,154 BOE per day and the Strobeck well had produced 2,021 BOE per day during its 24-hour initial period.
“BEXP signed an agreement with U.S. Energy Corp. to increase 2009 drilling in some of its holdings in Williams and McKenzie Counties, North Dakota. Terms of the agreement call for the drilling of up to 15 initial Bakken wells in 15 separate 1,280 acre spacing units. The number of wells could reach 90. Brigham will retain a 35% working interest in the initial well in each spacing unit and U.S. Energy will acquire the remaining 65%.”
To read the entire report visit: http://www.stockpreacher.com/n/BEXP
See what investors are saying about these stocks at: http://www.stockhideout.com/
StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com
StockPreacher.com Disclosure
StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly-owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.
The investment report on Brigham Exploration Company (Nasdaq: BEXP) should be of particular interest to other oil and gas companies: Continental Resources Inc. (NYSE: CLR), Newfield Exploration Company (NYSE: NFX), XTO Energy Inc. (NYSE: XTO), Whiting Petroleum Corp. (NYSE: WLL) and Carrizo Oil & Gas Inc. (Nasdaq: CRZO).
It is available at: http://www.stockpreacher.com/n/BEXP
Brigham Exploration Company (BEXP) is an independent exploration, development and production company that utilizes advanced exploration, drilling and completion technologies to systematically explore for, develop and produce domestic onshore oil and natural gas reserves. The Company's exploration and development activities are concentrated in four provinces: the Rocky Mountains, the Onshore Gulf Coast, the Anadarko Basin and West Texas. The Company has also accumulated acreage positions in the Williston and Powder River Basins.
In the report, the analyst notes:
“In late August, BEXP announced successful results from its Figaro well. During its early peak 24-hour flow back period, the well produced approximately 1,616 barrels of oil and 1.7 MMcf of natural gas, or 1,895 barrels of oil equivalent per day from the Bakken formation. BEXP’s Figaro 29-32 is the third 18+ stage fracture stimulation completed in the Williston after earlier in the month, the Company had announced that the Anderson well produced approximately 2,154 BOE per day and the Strobeck well had produced 2,021 BOE per day during its 24-hour initial period.
“BEXP signed an agreement with U.S. Energy Corp. to increase 2009 drilling in some of its holdings in Williams and McKenzie Counties, North Dakota. Terms of the agreement call for the drilling of up to 15 initial Bakken wells in 15 separate 1,280 acre spacing units. The number of wells could reach 90. Brigham will retain a 35% working interest in the initial well in each spacing unit and U.S. Energy will acquire the remaining 65%.”
To read the entire report visit: http://www.stockpreacher.com/n/BEXP
See what investors are saying about these stocks at: http://www.stockhideout.com/
StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com
StockPreacher.com Disclosure
StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly-owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.
Contact Information:
StockPreacher
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
StockPreacher
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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