Monday, August 8, 2011

Alberta Bakken Results are Confidential But Promising

Alberta Bakken Results are Confidential But Promising
Thanks to bobsmith1 's posting on Stockhouse.com
Source:
Extract from the recent Aug 6 news article:
Grinnell Day Chief, the Blackfeet Tribe's director of oil and gas.
The tribe, he said, hopes the exploration will lead to recoverable oil. Production would lead to even more local jobs in the oil industry, and the possibility of millions of dollars in royalties.
Results from the exploration are confidential — but promising, he said.
"The success of some of these wells is going to be good," Day Chief said. "We will eventually have some production here."

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