Alberta Bakken - Much Potential
Found a March 2011 report on the region and the players in that area. The report is good background, considering it is now 5 months later. Still, very useful, and I would recommend that investors in the area, should carefully digest the contents.
Extract from this report:
Technical factors in favour of the play:
1. source rock;
2. extensive hydrocarbon saturation;
3. in the oil window;
4. overpressure;
5. fracture enhancement;
6. reservoir;
7. formation penetrations;
8. log, core, cutting, and drill stem test analyses;
8. log, core, cutting, and drill stem test analyses;
9. historical production precedents;
10. recent perforation and test sample;
11. recent production data; and
12. regionalization.
Industry factors that support the play:
1. land acquisition activity;
2. multiple parties;
3. multiple drilling licenses; and
4. Bakken-experienced operators.
Here is the link to the Scotia report on the Alberta Bakken:
This report only serves to support my own conviction on the potential in this area. I have purchased more shares of juniors in the area.
PS: Found another recent Alberta Bakken presentation at June Petro-Geo Conference, available here:
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