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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Equus subsidiary secures $3 million loan for North Dakota drilling
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Equus Subsidiary, Morgan E&P, Secures $3 Million Term Loan to Advance Drilling and Work-Over Program in North Dakota's Williston Basin
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Equus Subsidiary, Morgan E&P, Secures $3 Million Term Loan to Advance Drilling and Work-Over Program in North Dakota's Williston Basin
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Equus Subsidiary, Morgan E&P, Engages Michael Reger to Lead Operations in the Williston Basin
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Equus Subsidiary, Morgan E&P, Engages Michael Reger to Lead Operations in the Williston Basin
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Equus Announces First Quarter Net Asset Value
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Equus Announces Fourth Quarter Net Asset Value
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Equus Announces Third Quarter Net Asset Value
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Equus Announces Second Quarter Net Asset Value
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Equus Announces First Quarter Net Asset Value
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Equus Announces Fourth Quarter Net Asset Value
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Equus Subsidiary Morgan E&P Provides Update on Reserves
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Equus Subsidiary Morgan E&P Provides Update on Reserves
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Equus Subsidiary Morgan E&P Completes Two Horizontal Wells
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Equus Subsidiary Morgan E&P Completes Two Horizontal Wells
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Equus Subsidiary, Morgan E&P, Increases Net Acreage and Reserves in the Bakken
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Equus Subsidiary, Morgan E&P, Increases Net Acreage and Reserves in the Bakken
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EQUUS ANNOUNCES THIRD QUARTER NET ASSET VALUE
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Equus Announces Second Quarter Net Asset Value
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Equus Subsidiary, Morgan E&P, Acquires 4,747 Net Acres in the Bakken
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Equus Forms Morgan E&P, LLC as New Oil and Gas Subsidiary

