Monday, December 13, 2010

For Investors Only -- "Bakken Fund" Doing Very, Very Well

I can't recall if I ever blogged about the Viking Fund -- a "Bakken fund -- but for those interested, here is an update.

I don't think I blogged about it; at least I can't find it by searching my own site. Smile. Or as they text: LOL.

I know I debated whether to post it because I didn't want to suggest I was "pumping" any specific fund; I have enough concern as it is when I opine about investment opportunities in the Bakken which I do on a regular basis.

However, the fact that this story is now being carried in the regional newspapers I feel much more comfortable linking to it. I did not invest in the fund but I do know that had I not been a regular investor in other Bakken assets, I would have seriously considered the fund. I don't know if it's a load or no-load, or what the fees are.

So, I am posting the link to the story only as one more bit of insight to what is going on in the Bakken. Take it for what's it worth. But note: the fund is making a profit for its investors. Of course, if one couldn't make a profit in the Bakken this past year, you probably shouldn't be giving investment advice.

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