Tuesday, April 17, 2012

For Investors Only, From Market Watch: Another Look at the Bakken

Link here.

Caught my eye:
By the end of the year, it is expected that Bakken oil production approaches total Alaskan production. With about 99% of drilled wells hitting oil and 90% profitable, the added rigs should add to company bottom lines by the end of the year, and quite possibly sooner.
About 99% of drilled wells hitting oil...

About 90% profitable ...

Overtake Alaska by the end of the year...
Posted by at

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)