Canaccord Genuity's recent Daily Letter included a comprehensive report on the Permian Basin and Wolfberry play. It is very bullish on oil prices, the Wolfcamp shale and the Wolfberry.
The report states "One acre in the Permian does equal one acre in the next horizontal oil trend." This report is the most complete report we've seen covering the Permian Basin and recent trends. Highlights from the report will be forthcoming.