Major inside buying in the high 5 range which created some excitement last week  - now 6 and change and will go higher in our view.

Very nice land package with average daily production in the range of 40,000-45,000 Boe/d for fiscal 2012.

Just bought in to the Williston Basin in North Dakota from privately held Petro-Hunt LLC and its affiliate for about $1.45 billion, boosting its proved reserves by 58 percent.

Capital One upgraded shares of Halcon Resources (NYSE: HK) from an add rating to a strong-buy rating.