Top Gas Stocks To Invest In 2015

Top Gas Stocks To Invest In 2015: Kodiak Oil & Gas Corp (KOG)

Kodiak Oil & Gas Corp. (Kodiak) is an independent energy company focused on the exploration, exploitation, acquisition and production of crude oil and natural gas in the United States. Kodiak has developed an oil and natural gas asset base of proved reserves, as well as a portfolio of development and exploratory drilling opportunities on high-potential prospects with an emphasis on oil resource plays. The Companys oil and natural gas reserves and operations are primarily concentrated in the Williston Basin of North Dakota. As of January 31, 2012, it had approximately 169,000 net acres under lease, including 157,000 net acres in the Bakken oil play in the Williston Basin of North Dakota and Montana. In January 2012, the Company acquired Williston Basin oil and gas producing properties and undeveloped leasehold. On January 10, 2012, it acquired certain oil and gas leaseholds, overriding royalty interests and producing properties located in North Dakota. Advisors' Opinion:

• [By Tyler Crowe]

  The implications of this gas find could mean a large uptick in the company's reserves. With the company valued at $1.00 per thousand cubic feet equivalent of proved reserves, WPX is one of the lowest-valued gas company's on the market. Also, even though the company has a gas-heavy portfolio, its liquid component just happens to be in one of the best tight oil plays in the U.S. -- the Bakken. In this video, Fool.com contributor Tyler Crowe talks about how the low market value per proven reserve could be an opportunity to get in on a strong natural gas play that just also happens to have the same amount of proven oil reserves in the Bakken as Kodiak Oil & Gas (NYSE: KOG  ) .

• [By Arjun Sreekumar]

  This technique of spacing wells closer together -- known as downspacing -- is also yielding encouraging results for Kodiak Oil & Gas (NYSE: KOG  ) , another Bakken driller that's c! urrently evaluating 800-foot spacing and 600- to 650-foot spacing between wellbores as part of its Polar Pilot projects. Initial results from these pilot programs suggest that the company will be able to unlock additional drilling locations through tighter-density drilling without interfering with existing wells

• [By Matt DiLallo]

  It costs upwards of $10 million for a small oil and gas producer to drill one Bakken well -- something that Kodiak Oil and Gas (NYSE: KOG  ) knows well. One of the major risks Kodiak faces is that oil prices slip below $70 a barrel, which is the an estimated level where wells become uneconomical. Meanwhile companies operating in the Canadian oil sands need oil prices to be in the $45-$70 range to break even. If oil had remained below those levels, ExxonMobil (NYSE: XOM  ) would never have sanctioned its Kearl oil sands project, which, after cost overuns, will end up costing the company $12.9 billion to complete.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-gas-stocks-to-invest-in-2015.html