PetroBakken Provides Update on 2012 Reserves and Operations
PetroBakken Energy Ltd. (TSX:PBN) announced the company’s 2012 reserves and operational report.
Articles Tagged "bakken"
CNR and Tundra Energy Plan Manitoba-based Crude Rail Loading Terminal
Canadian National Railway Co. (TSX:CNR) and Tundra Energy Marketing Ltd. announced that they will be constructing a crude oil rail car loading terminal close to Cromer, Manitoba. The terminal will be used by companies producing Bakken crude oil in Manitoba and Saskatchewan.
ExxonMobil Increases Bakken Oil Shale Assets by 50 Percent
ExxonMobil Corp. (NYSE:XOM) announced that along with its subsidiary, XTO Energy, it signed an agreement to acquire all the Bakken shale assets belonging to Denbury Resources Inc. (NYSE:DNR). The move will significantly increase Exxon's output in North Dakota and Montana, which are expected to produce more than 15,000 barrels of oil equivalent per day during the last half of 2012.
Bakken Oil Production in North Dakota Hits 609,850 bpd in July
Bloomberg reported that oil production from the part of the Bakken shale formation located in North Dakota was 609,580 barrels per day in July, nearly double the 360,820 barrels produced in July 2011.
States Push For Disclosure Over Hydrofracking
State governments are increasingly flexing their regulatory muscle and mandating increased transparency around hydrofracking to allay public fears.
Petrohawk Buyout Puts Bakken and Eagle Ford Mid-Caps in Play
Seeking Alpha reports BHP Billiton (NYSE:BHP) agreed to pay $15B for Petrohawk (NYSE:HK) on Thursday.
Examining the Risks and Rewards of the US Shale Boom
Understanding the strategy of companies involved in shale projects is fundamental for investors in order to determine their own investing strategy.
Shale Oil to Set-off US Oil Boom?
The rapidly growing shale oil industry in Texas could signal a coming oil boom for the United States.
Nextraction Energy and Primary Petroleum Form Oil Joint Venture in Montana
Nextraction Energy Corporation (CVE:NE) enters into a Seismic and Farmout agreement with Primary Petroleum Company, LLC, a wholly owned subsidiary of Primary Petroleum Corporation (CVE:PIE).
Nextraction Energy and Primary Petroleum Form Oil Joint Venture in Montana
Nextraction Energy Corporation (CVE:NE) enters into a Seismic and Farmout agreement with Primary Petroleum Company, LLC, a wholly owned subsidiary of Primary Petroleum Corporation (CVE:PIE).
