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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American Oil & Gas (AEZ) Enters into $44M Letter of Intent to Sell Powder River Basin Assets
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Basic Energy Services (BAS) Reports Unchanged Rig Count for January 2010
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Credo Petrol (CRED) Updates on Drilling Activites at Various U.S. Sites
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GeoResources (GEOI) Updates on Operations in Several Areas
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Credo Petroleum (CRED) Reports on Reserves for FY09
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Kodiak Oil & Gas (KOG) Releases $60M Preliminary 2010 Capital Budget
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Kodiak Oil & Gas (KOG) To Offer 10M Shares
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Brigham Exploration (BEXP) Prices 16M Share at $10.50
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Brigham Exploration (BEXP) Commences 14 Million Share Offering
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US Energy (USEG) Rallying as Initial Production Rate at Brad Olson 9-16 #1H Well Looks Strong
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Brigham Exploration (BEXP) Up On Positive Initial Well Results
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After-Hours Movers 8/31: BEXP, HSP, MOT Higher; SINA, HCN, ARRY, IMMU Lower
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Brigham Exploration (BEXP) Reports Figaro 29-32 #1H Bakken Well Produces at Initial Rate of ~1,985 BOEPD
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KeyBanc Reaffirms a 'Buy' Rating on Whiting Petroleum (WLL); Raises Price Target
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U.S. Energy (USEG) Enters Into Drilling Participation Agreement With Brigham Exploration Company in the Williston Basin
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Brigham Exploration (BEXP) Announces Bakken Drilling Participation Agreement
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Unusual 11 Mid-Day Movers 8/11: AVNR, RWC, ALC, BEXP Higher; AHR, JAV, SSP, CIT Lower
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Tudor Pickering Upgrades Brigham Exploration (BEXP) to Accumulate
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Morning Movers 8/11: AVNR, RWC, HLCS, ANPI, ANDS, AGM Higher; JAV, BIDZ, PETD, AHR, CIT, FTK, CLNE Lower
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Brigham Exploration (BEXP) Announces Anderson 28-33 #1H Produced 2,154 BOE/Day from Bakken Formation
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FBR Capital Upgrades Rosetta Resources (ROSE) to Outperform
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Brigham Exploration (BEXP): Upgraded to Strong Buy from Underperform at Raymond James
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Brigham Exploration (BEXP) Reports 2,021 boepd from Three Forks Well; Issues Update on Williston Basin
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KeyBanc Initiates Coverage on Continental Resources (CLR); Great Story, Strong Management - Waiting for Better Entry Point
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Northern Oil and Gas (NOG) Selling 2.25M Shares At $6 Per Share

