This Kansas dry hole may put further downward pressure on the sp come Monday. Of course, most in the oil patch are not expecting a lot from the Kansas Mississippian. There will be sweet spots, but a lot of water in the Mississippian. I'm more intrigued by the other formations in the play.
Even if the sp heads farther south, I'm expecting a lot of buying when they finalize their Toronto listing this summer. With 2 wells a month in Oklahoma adding to the bottom line, this is a great buy at these levels.
kansas duster
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