Continental Resources, Inc. (CLR), Kodiak Oil & Gas Corp (USA) (KOG): Drilling Down Into Bakken Well Costs

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The industry-wide improvements in well costs really improve the profitability of the Bakken. By getting these costs down producers can profit even if oil prices move lower, while profits will gush even higher if oil prices spike. The lowest-cost operators really have an advantage here, so as an investor you need to keep a close eye on well costs.

The article Drilling Down Into Bakken Well Costs originally appeared on Fool.com and is written by Matt DiLallo.

Fool contributor Matt DiLallo has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

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