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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APG's New Modular Flare Capture & Recovery System on Track for October Installation
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American Power Group's Trident NGL Services Division Secures Flare Capture Agreement With Another Major Oil Company in the North Dakota Bakken Region
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American Power Group Announces Completion of a $3.25 Million Term Loan for the Purchase of Next Generation Natural Gas Flare Capture and Recovery Systems
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American Power Group Expands "Fueled By Flare(TM)" Initiative With Strategic License Agreement
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American Power Group Appoints Matt Van Steenwyk as a New Board Member
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American Power Group Exhibiting "Fueled By Flare(TM)" Dual Fuel System at the Bakken Conference & Expo to Be Held July 27 - 29, 2015
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American Power Group Announces Completion of a $2.5 Million Private Placement With Several Existing Shareholders and Investors Affiliated With Members of Its Board of Directors
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American Power Group Corporation Reports Second Quarter Fiscal 2015 Results
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American Power Group Announces Multiple "Fueled By Flare(TM)" Dual Fuel Drilling Rigs Operating in North Dakota's Bakken Region
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American Power Group Introduces "Fueled By Flare(TM)" Dual Fuel System at the Mid-America Trucking Show to Be Held March 26-28, 2015
