Pritchard's Trader Snapshot For Exploration And Production

Here are several companies listed in Pritchard's Trader Snapshot:

GMX Resources, Inc. (NYSE: GMXR) $4.26, Buy, $9 PT
3Q production close to 60 MMcfe/d vs. 52MMcfe/d estimate
More than 50% of 2011 and 2012 hedged at over $6.00MMbtu
Bossier Shale potential emerging on its acreage

PetroQuest Energy, Inc. (NYSE: PQ) $5.42, Buy, $9 PT
Announced a 2-well commitment in Niobrara with 5,200 acres
Marcellus and Eagle Ford opportunities possible
Cotton Valley well about to commence

Concho Resources, Inc (NYSE: CXO) $59.39, Neutral, $60 PT
Marbob acquisition closing in October
Bone Spring rigs may double in 2011
25 drillings now, upwards of 40 in 2011
Production can grow ~20% annually just from drill bit

PetroHawk Energy Corp. (NYSE: HK) $15.00, Buy, $25 PT
Restricted rates in Haynesville could lead to 30% EUR increase over time
Better feelings about Red Hawk play with Eagle Ford
Asset sales possible
Company talking about laying down 35-45% of rigs in Haynesville in 2011/12 if $4.00 gas persists

Continental Resources, Inc (NYSE: CLR) $39.87, Neutral, $48 PT
Production and reserves looking to be tripled over next 5 years
Up to 20 rigs in Bakken
4th rig added in Cana with 5th coming soon, 7 by 2010 year end

Rosetta Resources, Inc (NASDAQ: ROSE) $19.58, Neutral, $31 PT
Eagle Ford Gate Ranch looking strong
Alberta Bakken progress slow

Petroleum Development Corporation (NASDAQ: PETD) $24.83, Buy, $32 PT
Wolfberry, Niobrara wells on schedule for October
First three Marcellus wells show results within thirty days

Carrizo Oil & Gas, Inc. (NASDAQ: CRZO) $18.46, Buy, $38 PT
Third Eagle Ford well currently drilling
Three Niobrara wells starting in September