RE: DrillingErrol,
I do not know what is going on with Painted Pony, all the stocks I have been following in the Bakken have been dropping.
I assume most poeple are doing the same as me and selling and taking the money. I sold Reece at $4 and Painted Pony at $8 and will follow it and likely jump in again once they bottom.
I suspect PEP will go on the same run as Painted Pony, does any one know the surface location of the first PEP well? I think it will be the dictating factor of the well. Anything South and East and West of Stoughton are all coming in nice.