They discuss how they are working quadruple their reserves.
Their target for the yearend of 2013 is to lower their per well cost from $9.2 million down to $8.2 million.
They discuss increasing their oil production for next year (35% more) by increasing their capital budget by about 13% and reducing cost per well.
The five year plan is to triple their oil production. This seems like a combination of continued increasing capital budget and further reductions in costs per well and other improvements.
They describe their new understanding of the geology of the Bakken.
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