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EnvestorFirst (< 20)

So Many Shale Plays, So Little Time: The Little Bakken



May 27, 2011 – Comments (2) | RELATED TICKERS: NBL , SSN , CHK

By this point, I am sure that many of you have heard about the numerous shale plays that have been developed all across the United States. The Bakken Shale has been one of the largest and most well known of these shale plays. I have been hearing more and more about the Little Bakken. What is it and what do you need to know as an investor? Kevin McElroy lets us in on all the details. 



 What is it?

"The Bakken formation is known as a dependable supplier of crude oil and natural gas, but there’s another lesser known region that promises to become the next big thing in the U.S. for oil and gas explorers.

This place is being called “the little Bakken,” or “NeoBakken” because of its potential. Companies are snapping up acreage, doing deals and moving rigs into position as I type this."



Read the entire article here:

2 Comments – Post Your Own

#1) On May 27, 2011 at 12:08 PM, motleyanimal (38.33) wrote:

Picked up some shares at 2.80 earlier today.

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#2) On May 31, 2011 at 11:07 AM, EnvestorFirst (< 20) wrote:

That was probably a great call. Let's see what this week brings!

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