Bakken Formation
The Bakken Formation is a rock unit occupying a substantial part of the subsurface of the Williston Basin, in Montana, North Dakota, and Saskatchewan and is believed to hold a significant amount of oil shale. The state of North Dakota released a report in April 2008 that estimated there are 167 billion barrels of oil in the Bakken. However, the report also concluded that current technology could only extract 1% or 2.1 billion barrels from the Bakken. In report published by the USGS in April 2008, the amount of technically recoverable oil in the Bakken Formation is at 3.0 to 4.3 billion barrels.
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Magellan Petroleum (MPET) Reports Well Completion in East Poplar Unit (EGY)
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MDU Resources (MDU) Unit Reaches Bakken Production Record, Acquires New Acreage
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UPDATE - Global Hunter Securities Initiates Coverage on Marathon Oil (MRO) with a Neutral; Hopeful but Cautious
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UPDATE - Global Hunter Securities Initiates Coverage on Hess Corp (HES) with a Neutral; Lots of Activity at Big Three Shales, Largely Delineation
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Canaccord Genuity on Oil & Gas Exploration & Production: Q4 Recap - Shift to Oil Leads to Higher Capital Intensity/Margins
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Resolute Energy (REN) Updates on Anticipated FY12 Production, Costs, Capital Budget
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Canaccord Genuity Reiterates a 'Buy' on Magnum Hunter (MHR); Eagle Ford & Bakken Spending to Accelerate 2012 Liquids Shift
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Kodiak Oil & Gas (KOG) Expectations Reset, Time to Buy the Stock - Oppenheimer
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Buffett's BNSF Bet is Blinging...Thanks to Hydrofracking
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Canaccord Genuity Reiterates a 'Buy' on Northern Oil and Gas (NOG); Strong Year-end Finish Sets the Stage
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Canaccord Genuity Reiterates a 'Buy' on Kodiak Oil & Gas (KOG); Recalibrating 2012 Expectations
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Goldman Sachs Downgrades Enbridge (ENB) to Neutral
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UPDATE - Barclays Downgraded Newfield Exploration (NFX) to Equalweight; Red Flags Up on Disappointing Guidance
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Jefferies Maintains a 'Hold' on Continental Resources (CLR); Excellent Execution at a Very Steep Price
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Canaccord Genuity Maintains a 'Buy' on St. Mary's (SM); Investors Reward Clarity; Remains a Favorite Mid-Cap
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Canaccord Genuity Maintains a 'Buy' on Newfield Exploration (NFX); Aggressive Cana Entry, Solid Bakken Results, But Cautious Capital Plan
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Canaccord Genuity Reiterates a 'Buy' on Triangle Petroleum (TPLM); Catalysts on the Horizon
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Barclays Raises Price Target and Estimates on EOG Resources (EOG); Shares Trading Up 1.2%
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Canaccord Genuity Starts Kodiak Oil & Gas (KOG) at Buy; Pound for Pound the Most Productive Bakken Pure-Play
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WPX Energy (WPX) Sees FY12 CapEx of $1.2Bl Highlights Spending Details
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U.S. Energy (USEG) Updates on Operations, Liquidity
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Canaccord Genuity Reiterates a 'Buy' on Triangle Petroleum (TPLM); Offset Results Demonstrate Value
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ConocoPhillips (COP) Reports Preliminary 120% Increase in Net Proved Reserves for FY11
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Jefferies Downgrades Continental Resources (CLR) to Hold
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Wells Fargo Downgrades Rosetta Resources (ROSE) to Market Perform, Fairly Valued
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Wells Fargo Downgrades Oasis Petroleum (OAS) to Market Perform, Shares Are Fully Valued
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Wells Fargo Upgrades Whiting Petroleum (WLL) to Outperform, Sees Co. Outperforming Peers
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Canaccord Genuity Maintains a 'Buy' on Rosetta Resources (ROSE); 2012: Year of Low-Risk Eagle Ford Development
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Canaccord Genuity Maintains a 'Buy' on Newfield Exploration (NFX); Continue Seeing Improved Execution
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Canaccord Genuity Maintains a 'Buy' on GeoResources (GEOI); Concentrated Leverage to Most Prolific Liquids-Oriented Resource Plays
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Canaccord Genuity Reiterates a 'Buy' on EOG Resources (EOG); Top E&P Large Cap Pick
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Canaccord Genuity Reiterates a 'Hold' on Continental Resources (CLR); Near Fair Value
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UPDATE - Canaccord Genuity Downgrades Oasis Petroleum (OAS) to Hold; Core Bakken Assets Fully Valued
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UPDATE - Canaccord Genuity Downgrades Continental Resources (CLR) to Hold; Valuation Call and Skepticism as to 2nd Three Forks Value Uplift
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Hess Corp (HES) Expects CapEx of $6.8B for FY12
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ONEOK Partners (OKS) Announces Completion of Natural Gas Processing Facility in N. Dakota
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Dahlman Rose Starts Precision Drilling (PDS) at Buy; Major Beneficiary of Horizontal Drilling Growth in North America
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Continental Resources (CLR) Completes Lyle 1-30H Well; Sees FY11 CapEx of $2B
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LINN Energy (LINE) Issues Update on Granite Wash; Guides FY12 Ops, CapEx
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Canaccord Genuity Reiterates a 'Buy' Triangle Petroleum (TPLM); Strategic Capital Shift to Reduce Completion Variability
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Dahlman Rose Starts Continental Resources (CLR) at Buy; Hitting Its Stride in the Bakken
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DA Davidson Upgrades Investors Real Estate Trust (IRET) to Buy as Occupancy Increases
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Wells Fargo Cuts Valuation Range on Rosetta Resources (ROSE) as South Alberta Basin Disappoints.
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Credo (CRED) Updates on Several Wells in Bakken, Three Forks, Others
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Canaccord Genuity Starts GeoResources (GEOI) at Buy; Concentrated Eagle Ford/Bakken Exposure to Drive Healthy CFPS Growth
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Baytex Energy (BTE) Reports 2012 Capital Budget and Operating Plans
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Enbridge Energy Partners (EEP) Will Invest Another $145M to Enchance its North Dakota Crude Oil System
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Canaccord Genuity Reiterates a 'Buy' on Forbes Energy Services (FES); Analyst Meeting Takeaways

