Bakken Formation
The Bakken Formation is a rock unit occupying a substantial part of the subsurface of the Williston Basin, in Montana, North Dakota, and Saskatchewan and is believed to hold a significant amount of oil shale. The state of North Dakota released a report in April 2008 that estimated there are 167 billion barrels of oil in the Bakken. However, the report also concluded that current technology could only extract 1% or 2.1 billion barrels from the Bakken. In report published by the USGS in April 2008, the amount of technically recoverable oil in the Bakken Formation is at 3.0 to 4.3 billion barrels.
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UPDATE: Barrington Research Starts SM Energy (SM) at Outperform; Considerable Opportunities in Focus
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Kodiak Oil & Gas (KOG) Prices Upsized $150M Senior Debt Offering
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Kodiak Oil & Gas (KOG) Commences $100M Senior Debt Offering in Private Placement
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UPDATE: Global Hunter Securities Downgrades US Energy Corp. (USEG) to Accumulate; Waiting For Better Opportunity
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Barclays Maintains an 'Overweight' on Tesoro Logistics (TLLP); Moves to Support Growth
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Canaccord Genuity Reiterates a 'Buy' on Voyager Oil & Gas (VOG); Operational Momentum by Bakken
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Canaccord Genuity Maintains a 'Hold' on Continental Resources (CLR); Cutting PT on Tough Q1
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Global Hunter Securities Maintains a 'Neutral' on Marathon Oil (MRO); Cutting PT & Estimates After Taxes Take Bite
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UPDATE - Barclays Downgraded Hess Corp. (HES) to Equalweight; Prefers SU & IMO
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Canaccord Genuity Maintains a 'Buy' on Newfield Exploration (NFX); Raising Production Estimates
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Global Hunter Securities Upgrades Halcón Resources (HK) to Buy; Expanding Into Bakken
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Kodiak Oil & Gas (KOG) Hangs On to Gains Following CNBC Mention
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Magnum Hunter (MHR) Unit to Acquire Williston Basin Assets in $311M Cash Deal
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MDU Resources (MDU) Reports Preliminary Q1 Below Consensus; Reaffirms FY12 Outlook
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Canaccord Genuity Reiterates a 'Buy' on Triangle Petroleum (TPLM); Favorite Bakken Idea
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Jefferies Upgrades Oasis Petroleum (OAS) to Buy
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Jefferies Upgrades Newfield Exploration (NFX) to Buy
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GMX Resources (GMXR) Updates on Q1 Ops, Production; Offers Q2 Production Outlook
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Denbury (DNR) Reports Sequential Gain in Production, Dip in Realized Crude Prices
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Brean Murray Carret & Co. Starts Whiting Petroleum (WLL) at Buy; Adding to N-T Conviction of Focus List
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ONEOK Partners (OKS) May Invest Up to $1.8B in Bakken Crude Express Pipeline
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ONEOK Partners (OKS) Plans to Invest Another $140M to $160M in Bakken Shale Play
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Unusual 11 Mid-Day Movers 04/01: (MAGS) (CREG) (GMXR) Higher; (CBLI) (UCFC) (PATK) Lower
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Morning Movers 04/04: (MAGS) (GMXR) Higher; (CBLI) (PATK) (SNDK) (WBMD) Lower
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Pre-Open Movers 4/4: (GMXR) (DDIC) (SBUX) Higher; (CBLI) (TSLA) (SNDK) Lower (more...)
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Abraxas Petroleum (AXAS) to Spud Ravin 26-35 3H Well This Week; Provides Ops Update
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Samson Oil & Gas (SSN) Updates on Certain Montana, Wyoming Ops
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Canaccord Genuity Reiterates a 'Buy' on Voyager Oil & Gas (VOG); Valuation Catalysts in 2012 to Substantiate Portfolio
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Continental Resources (CLR) to Acquire $340M of Bakken Shale Assets; Will Issue Stock
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Canaccord Genuity Reiterates a 'Buy' on Abraxas Petroleum (AXAS); Portfolio Optimized to Enhance Liquidity
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Global Hunter Securities Upgrades GeoResources (GEOI) to Buy; Paying for Consistency
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Magellan Petroleum (MPET) Reports Well Completion in East Poplar Unit (EGY)
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MDU Resources (MDU) Unit Reaches Bakken Production Record, Acquires New Acreage
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UPDATE - Global Hunter Securities Initiates Coverage on Marathon Oil (MRO) with a Neutral; Hopeful but Cautious
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UPDATE - Global Hunter Securities Initiates Coverage on Hess Corp (HES) with a Neutral; Lots of Activity at Big Three Shales, Largely Delineation
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Canaccord Genuity on Oil & Gas Exploration & Production: Q4 Recap - Shift to Oil Leads to Higher Capital Intensity/Margins
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Resolute Energy (REN) Updates on Anticipated FY12 Production, Costs, Capital Budget
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Canaccord Genuity Reiterates a 'Buy' on Magnum Hunter (MHR); Eagle Ford & Bakken Spending to Accelerate 2012 Liquids Shift
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Kodiak Oil & Gas (KOG) Expectations Reset, Time to Buy the Stock - Oppenheimer
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Buffett's BNSF Bet is Blinging...Thanks to Hydrofracking
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Canaccord Genuity Reiterates a 'Buy' on Northern Oil and Gas (NOG); Strong Year-end Finish Sets the Stage
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Canaccord Genuity Reiterates a 'Buy' on Kodiak Oil & Gas (KOG); Recalibrating 2012 Expectations
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Goldman Sachs Downgrades Enbridge (ENB) to Neutral
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UPDATE - Barclays Downgraded Newfield Exploration (NFX) to Equalweight; Red Flags Up on Disappointing Guidance
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Jefferies Maintains a 'Hold' on Continental Resources (CLR); Excellent Execution at a Very Steep Price
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Canaccord Genuity Maintains a 'Buy' on St. Mary's (SM); Investors Reward Clarity; Remains a Favorite Mid-Cap
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Canaccord Genuity Maintains a 'Buy' on Newfield Exploration (NFX); Aggressive Cana Entry, Solid Bakken Results, But Cautious Capital Plan
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Canaccord Genuity Reiterates a 'Buy' on Triangle Petroleum (TPLM); Catalysts on the Horizon
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Barclays Raises Price Target and Estimates on EOG Resources (EOG); Shares Trading Up 1.2%
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Canaccord Genuity Starts Kodiak Oil & Gas (KOG) at Buy; Pound for Pound the Most Productive Bakken Pure-Play

