The Bakken Shale ... Any of you keeping up with it?

Just wondering if any of our resident gurus are keeping up with the Bakken Shale play? Seems like the potential for enormous oil production is there. Some gas as well.

 

Thoughts?

Tags: Bakken, Oil

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That sounds like a plan Aubrey. You just holler. I'll send you a friend invite on here and we can keep in touch.
here is an interesting report that discusses the Bakken and Eagle Ford an a couple of smaller players. neat chart of Bakken production over time also:

Triple Digit Oil Prices Ahead -

Not great news for the auto sector, but higher fuel costs could lead to some exciting technological advances in the future. Am looking forward to seeing the Volt in person, although I have real questions how well it would run in a cold Michigan winter morning.

In the December LSGI Energy Report we discuss:

- The International Energy Agency (IEA) raised global oil demand forecasts
- The implication of the IEA's comments that global production of crude oil peaked in 2006.
- Merger and acquisition activity in the oil and gas sector
- UK Industry Taskforce report on the “Implications of the Gulf of Mexico Oil Spill”
- Two very active shale plays - the Eagle Ford Shale (Texas) and Bakken Shale (North Dakota)
- Triple digit crude oil pricing forecasts for 2011
- Long term weather trends for the winter, and the impact on natural gas usage
- The investment outlook for smaller companies
- Two companies in the LSGI portfolio: GeoResources (GEOI) and FX Energy (FXEN)

The Report can be accessed at the following link:

http://www.lsgifund.com/LSGIRMK/Dec_energy.pdf

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