Links From Around the Oil Patch -- The Bakken, North Dakota, USA

There were a few stories other than the Keystone XL debacle and price of oil; here are a few links:

Mike Filloon, SeekingAlpha: Oasis and Denbury Onshore continue to improve initial production

Motley Fool: CLR and BEXP margins

Motley Fool excited about NOG's future:  NOG is participating in 527 wells spread across the entire Bakken; only 37% of its total Bakken and Three Forks acreage is developed. By the way Motley Fool is saying the same things about the unique business model of NOG that I started saying two years ago: NOG participating with stellar Bakken companies; NOG isn't left out of any of the major sweet spots in North Dakota; access to almost the entire lucrative North Dakota oil play is definitely a competitive advantage over peers.

NOG has about 150,000 net acres in the Bakken. Folks are paying anywhere from $7,000 to $14,000/acre for Bakken mineral acres; KOG's recently announced acquisition is probably at the lower end of that range; 150,000 acres x $7,000/acre --> $1 billion. NOG's market cap:$1.5 billion

Forbes: Shares of CLR now overbought

Steve Zachritz, SeekingAlpha: KOG makes a steal of a deal

Five best investments in the Bakken: Statoil, Enerplus, Whiting, Hess, and GeoResources