Top 5 Supermarket Stocks To Watch Right Now

Top 5 Supermarket Stocks To Watch Right Now: New Source Energy Partners LP (NSLP)

New Source Energy Partners L.P., incorporated on October 2, 2012, is engaged in the acquiring oil and natural gas properties in the United States. The Companys properties consist of non-operated working interests in the Misener-Hunton formation (the Hunton Formation), a conventional resource reservoir located in east-central Oklahoma. As of June 30, 2012, of which approximately 58% were classified as proved developed reserves and of which approximately 76.4% were comprised of oil and natural gas liquids. As of June 30, 2012, the Company had 89,116 gross (31,554 net) acres, of which 6,796 gross (2,323 net) acres were undeveloped. As of June 30, 2012, the Company had 127 gross (28.5 net) proved undeveloped drilling locations, of which 66 gross (20.7 net) were infill drilling locations. In June 2013, New Source Energy Partners LP announced that it has acquired additional oil and natural gas properties from New Source Energy Corporation. In November 2013, New Source Energy Partners LP acquired MCE LP.

The Companys properties are located in the Golden Lane field within the Hunton Formation of east-central Oklahoma and consist of mature, legacy oil and natural gas reservoirs. The Companys properties consist of non-operated working interests in producing and undeveloped leasehold acreage, including 215 gross (82.4 net) producing wells with working interests ranging from 21% to 87% (38.3% weighted average); and 127 gross (28.5 net) proved undeveloped drilling locations with working interests ranging from 1% to 84% (22.4% weighted average). As of June 30, 2012, the Company had 89,116 gross (31,554 net) acres in the Golden Lane field.

Advisors' Opinion:

• [By Robert Rapier]

  New Source Energy Partners (NYSE: NSLP) debuted in February 2013 as the year’s first initial public offering of an upstream master limited partnership, with an initial enterprise value (EV) of $186 mi! llion. The partnership is engaged in the development and production of liquids-rich conventional resource reservoirs in east-central Oklahoma.

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-5-supermarket-stocks-to-watch-right-now.html