Use access key #2 to skip to page content.

EnigmaDude (94.85)

Voyager Oil & Gas - the Silver Wheaton of Energy?

Recs

8

December 01, 2010 – Comments (4)

Voyager Oil & Gas, Inc. (VOYG.OBis an exploration and production company based in Billings, Montana.  The company was formed for the purpose of providing capital investments for acreage acquisitions and working interests in existing or planned hydrocarbon production with a special focus on scaleable, repeatable natural gas plays with established operators.  

Note: This is the top performing stock year to date in the energy exploration sector (from $0.99 to $4.70).

Their business is initially expected to focus on properties in Montana and North Dakota, and they are targeting the Denver-Julesberg Basin Niobrara formation (in Weld County, Colorado) through its joint venture with Slawson Exploration and the Williston Basin Bakken/Three Forks. 

Voyager's primary focus is oil shale resource prospects in the continental United States. Voyager currently controls approximately 147,000 net acres in the following five primary prospect areas:

24,000 core net acres targeting the Bakken/Three Forks in North Dakota and Montana;

24,000 net acres targeting the Niobrara formation in Colorado and Wyoming;

640 net acres targeting a specific Red River prospect in Montana;

33,500 net acres in a joint venture targeting the Heath Shale formation in Musselshell, Petroleum, Garfield and Fergus Counties of Montana;

and 65,000 net acres in a joint venture in the Tiger Ridge gas field in Blaine, Hill and Chouteau Counties of Montana.

The company was formerly called ante4, Inc. Before that it was known as Plains Energy Investments, Inc. and changed its name to ante4, Inc. on April 17, 2010.

BILLINGS, Mont., Nov. 15, 2010 (GLOBE NEWSWIRE) -- Voyager Oil & Gas, Inc. (OTCBB:VYOG) ("Voyager") today provides an operations update regarding its D-J Basin Niobrara activity.

Voyager currently controls a 50% interest in 44,000 net acres in the D-J Basin Niobrara play in a joint venture with Slawson Exploration. Voyager recently participated with Slawson Exploration in three previously announced Niobrara test wells in Weld County, Colorado. Two of the wells, Moonshine #1-36H and Outlaw #16-11-66H experienced significant hydrocarbon shows during drilling and have delineated an additional 22 high-grade locations to be drilled in 2011.

D-J Basin Niobrara

Voyager is participating on a heads-up basis for a 50% working interest in Slawson Exploration's 48,000 core net acre position in Weld County, Colorado and Laramie County, Wyoming. These initial test wells are the first of up to 60 gross wells planned over the next 24 months in the drilling program.

Williston Basin Bakken and Three Forks

Voyager currently controls approximately 24,000 net acres in the Williston Basin, primarily in Williams and McKenzie Counties, North Dakota and Richland County, Montana.

Tiger Ridge Gas

Voyager controls approximately 65,000 net acres in and around the Tiger Ridge Gas Field in North-Central Montana. Voyager is currently conducting seismic testing and plans to participate in the drilling of three initial wells operated by Devon Energy.

Heath Oil Shale

Voyager owns 33,500 net acres targeting the Heath Oil Shale of Central Montana. Voyager has begun to see substantial permitting and drilling activity in the area.

 

4 Comments – Post Your Own

#1) On December 02, 2010 at 3:19 AM, TMFRosetint (98.96) wrote:

Very nice write-up, but you're wrong about it being the top performing stock this year in the exploration and production sector. I know for a fact that at least SSN has outperformed it. VYOG may win out by the end of the year, but currently there's at least one that has outperformed it.

 Nitpicky, I know, but I thought you might be interested.

 http://finance.yahoo.com/echarts?s=SSN+Interactive#chart4:symbol=ssn;range=ytd;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

Report this comment
#2) On December 02, 2010 at 9:05 AM, EnigmaDude (94.85) wrote:

Yes, I was wrong - VOYG is 3rd so far this year, behind TGA and SSN:

Top Performing Companies in Energy Sector

TGA TransGlobe Energy Co... +412.31%YTD Performance

SSN Samson Oil & Gas Lim... +391.67%YTD Performance

VYOG Voyager Oil & Gas, I... +351.92%YTD Performance

 

Report this comment
#3) On December 02, 2010 at 11:11 AM, EnigmaDude (94.85) wrote:

Note - the ticker symbol is supposed to be VYOG, however, to add it to CAPS the symbol is VOYG.OB. I have seen it listed both ways on Yahoo so you might have to try both to find it!

Report this comment
#4) On April 20, 2011 at 1:10 PM, EnigmaDude (94.85) wrote:

News today is causing the stock to pop:

Voyager Oil & Gas provides operations update and guidance; sees drilling production in-line with guidance (VOG) 3.69 : Co announces it has spud 27 gross wells in 2011 bringing the total well count to 45 wells targeting the Bakken/Three Forks formations. Co has also spud 3 gross Niobrara wells in 2011 targeting the Niobrara formation. Currently, 1.72 net Bakken/Three Forks wells are drilling, completing or producing and 2.5 net Niobrara wells are producing or waiting on completion. Co expects to participate in 70 gross wells and 6.0 net wells in 2011 targeting the Bakken/Three Forks. Based on our current and forecasted drilling activity, co expects to average 700 barrels of oil equivalent "BOE" per day by the end of 2011. This drilling and production guidance is in line with previous estimates. In 2011 co expects to spend $42 mln in drilling capital expenditures targeting the Bakken and Three Forks. Co expects to devote the additional capital to strategic acreage acquisition targeting the Bakken and Three Forks using cash-on-hand of ~$47 mln and cash flow from operations.

Report this comment

Featured Broker Partners


Advertisement