Pritchard Capital's Morning Intelligence (APC, GST, NE)

Pritchard Capital is out with its morning intelligence report. In the report, Pritchard discovers Anadarko Petroleum Corporation APC, Gastar Exploration Limited GST, and Noble Corporation NE. In the research report, Pritchard Capital has thoughts on APC's oil show in Brazil, which showed that it will have results in seven weeks when post-salt and deeper pre-salt objectives get drilled and tested. On GST, Pritchard said it has another successful Bossier well, and it plans to complete at least 2 more zones. On NE, it is reducing 3Q10 / 2010 / 2011 EPS to $0.58 / $3.64 / $4.85 from $0.79 / $4.00 / $5.00.