BEXP - Brigham Exploration Company

[davecash77]

I just got into this i do think natural gas has hit a bottom

Last Trade: 4.60 Change: 0.42 (10.05%)


Prev Close: 4.18 Open: 4.23


1y Target Est: 4.50 Day's Range: 4.22 - 4.60

52wk Range: 1.04 - 15.06 Volume: 1,680,540

Avg Vol (3m): 1,987,160
Market Cap: 214.34M
P/E (ttm): N/A
EPS (ttm): -6.21
Div & Yield: N/A (N/A)


S.A. Advisory: Investment Newsletters, Corporate Profiles, Investment Opportunities

check out e mail alert july 19th



July 19th, 2009


THREE NEW STOCKS THAT SHOULD BE BOUGHT REGARDLESS OF THE MARKET MOOD: BEXP, LNY & VSR:

BEXP- OIL PLAY IN THE HOTTEST AREA OF NORTH AMERICA- COULD BE LARGER THAN THE PRUDHOE BAY FIND. VSR SUPER CHEAP INFRASTRUCTURE PLAY AND LNY A RESTAURANT AND CASINO PLAY WITH HUGE INSIDER BUYING!
BRIGHAM EXPLORATION COMPANY (BEXP) CURRENT PRICE AROUND $3.95

BEXP is an exploration, development and production company that has oil and gas reserves located in the Rocky Mountains, Onshore Gulf Coast, Anadarko Basin and Western Texas.

READ THE JULY 14TH 2009 PRESS RELEASE-

BEXP ANNOUNCES NEW WELL FLOWING @ 2000 BOE DURING FIRST 24 HR. THE WELL IS LOCATED IN "NEW" DEVELOPMENT AREA OF THE WILLISTON BASIN IN NORTH DAKOTA KNOWN AS "THREE FORKS FORMATION".

ANOTHER SUPER WELL DRILLED IN THE BAKKEN FORMATION IS CURRENTLY FLOWING @ 1110 BARRELS/DAY. A WELL 1 MILE AWAY (ANDERSON 28-33 #1 WILL BE FRACTED DURING EARLY AUGUST-- RESULTS LOOKS EXTREMELY FAVORABLE!

THE COMPANY CONTROLS 35,200 NET ACRES. ASSUMING 2 BAKKEN AND 2 THREE FORK WELLS/1280 ACRE DRILLING UNIT, BEXP COULD POTENTIALLY DEVELOP 110 NET WELLS OVER ITS ROSS AREA ACREAGE.

WITHIN THE WILLISTON BASIN THE COMPANY CONTROLS 290,000 NET ACRES, THIS REPRESENTS A SIGNIFICANT POTENTIAL NET ASSET VALUE CREATION OPPORTUNITY FOR SHAREHOLDERS.

DRILLING COSTS ARE DOWN 33% AND COMPLETION COSTS ARE DOWN 34%

GAS PRICES HAVE ALSO HAD A NEGATIVE IMPACT ON BEXP --IN OUR OPINION THESE LOW PRICES WILL NOT LAST MUCH LONGER-- PLEASE KEEP IN MIND THAT 2Q-4Q 81% OF THE GAS IS HEDGED AT $4.76/mcf AND 41% OF THE OIL IS HEDGED AT $54.24/barrel

[Ray The Money Man]

Congrats to those that caught this move in BEXP but DO NOT enter this stock right now. If you own it, sell it, take your profits. RSI maxing, it's at the top of the Bollinger bands and natural gas is going lower.

If you were able to play this out, fantastic! But move along now.

[davecash77]

Originally Posted by Ray The Money Man

Congrats to those that caught this move in BEXP but DO NOT enter this stock right now. If you own it, sell it, take your profits. RSI maxing, it's at the top of the Bollinger bands and natural gas is going lower.

If you were able to play this out, fantastic! But move along now.

Ray what would you be playing right now considering NG is going lower ?

[davecash77]

What are your thoughts on AEZ as a spec play ?

[greencat]

BEXP all set to make a higher high.

BEXP Chart

[greencat]

BEXP setting up for another move up IMO. Close to a buy point.


BEXP Chart