173 active drilling rigs in North Dakota.
Just doing "our" part to support President Obama's Sputnik moment: drill, drill drill!
I honestly never thought I would hear President Obama calling for increased drilling! Steven Chu and Ken Salazar must be spinning.
But I have said many times: President Obama's worst nightmare: $100 oil and 10% unemployment.
http://www.bexp3d.com/IR_pres.pdf
ReplyDeletenoticed this presentation shows 5 wells per section adds scallion and middle bakken that is huge
brian
Excellent observation.
ReplyDeleteI've always maintained that many of these companies are valued on their Bakken holdings alone when, in fact, many other formations are being overlooked.
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