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Thomson Reuters: Feb. 5 Energy Commentary

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February 5, 2013

SECTOR COMMENTARYEnergy stocks extended recent gains from last week, wiping out all of yesterday’s considerable losses, as commodity prices rose and broader indices closed near session highs.  E&Ps were the best performers, led by the nearly 5% surge in Whiting Petroleum which was attributed to a prolific well result released on the North Dakota Industrial Commission web site. While one well result does not de-risk Whiting’s entire McKenzie County acreage block, it gives visibility into the company's running room in the Bakken outside of the Sanish/Parshall field.  Anadarko also gained ...

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