Tuesday, December 21, 2010

BLM Sees Little Environmental Impact With Gas Drilling -- Not a Bakken Story

Well, this is refreshing news, for once.

The Heart of the Bakken to Host the 2013 and 2016 Babe Ruth World Series

This is huge.

Here's the link.

$89.56: We're Not Going to Hit $90 Today But It Will Be Close

This is very, very interesting. I'm on the road so I don't have access to CNBC, but I assume the "talking heads" all agree that the fundamentals don't support this price and it's all being driven by speculators.

Yup. 1 billion speculators in China who all want to own cars.

I assume the moratoria on off-shore drilling in the Gulf, off Alaska, off the East coast, and off the West coast are still in place, along with all those lost jobs or potential oil industry jobs.

Update: I was wrong. "We" did hit $90. $90.02 to be exact. Incredible.

And from Rigzone: oil hits 2-year high.

Acreage By Producer in The Bakken -- North Dakota

With Hess adding 85,000 net acres with acquisition of American Oil and Gas, folks may be interested in number of acres held by producers in the Bakken.

This link is helpful.

Hess Closes Deal On American Oil and Gas

Here's the link.

Hess adds 85,000 net acres in the ND Bakken.

AEZ shareholders were to get 0.1373 HES shares for each AEZ share which brings the deal to about #10.40/share for AEZ shareholders. The last price I saw on Yahoo!Financial was $10.20.