We’ve added two additional rigs in October takings us to nine operated rigs and we are ramping up our activity as planned going into 2012. So we believe 2012 will be an even better year because of the actions that we’ve taken during the course of this year.We continue to make progress delineating and securing our acreage position as well as consolidating in our core blocks. Counting our core de-risked acreage, which across the basin is about 250,000 to 260,000 net acres, we have an inventory of about 1,500 remaining operated locations and 2,400 total gross locations.
Oasis Petroleum CEO Discusses Q3 2011 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.