For Investors Only -- Bakken Investment Ideas for 2H11 -- Bakken, North Dakota, USA

Link here (Michael Filloon at SeekingAlpha.com).

The list includes about a dozen companies, recommending most. The ones that will interest Bakken folks: BEXP, KOG, Samson Oil and Gas, Triangle, and Credo. Maybe others.

For the smallest players, a single well in the Bakken could make a huge difference.

For the big Bakken players (BEXP, WLL, CLR), these are the important metrics with which to compare: net acreage; utilization of their rigs (WLL seems best at this, or perhaps BEXP); first six months production from their wells (BEXP is best, but WLL also does nicely); increase in production (on a percentage basis) year-over-year.

For the multi-nationals in the Bakken, it's a lot hard to judge (due to their activity outside the Bakken) but some have a bigger percentage tied up in the Bakken than elsewhere (for example, EOG, Hess, Marathon vs XOM and COP.