Friday, November 11, 2011
It's one of North America's biggest oil discoveries ever.
Straddling both sides of the U.S.-Canada border, the Bakken oil formation holds billions of barrels of oil that can now be recovered... thanks to the new technologies that make it all happen.
As a result, in the last few years, countless investors have made absolute fortunes from the Bakken...
Brigham Exploration's (BEXP) share price skyrocketed from $2 a share in 2009 to the $30 range recently...
Northern Oil & Gas (NOG) catapulted from $3 a share in 2009 to the $20 range today...
Kodiak Oil (KOG) – another junior oil producer in the Bakken – climbed from under $1 a share just a few years ago to over $7 of late...
“What's the next Bakken stock to pop?”
The answer is this... There's a little-known junior oil producer – operating in the new sweet spot in the Bakken – with great operational success and even greater upside potential.
Not only does it have a large underdeveloped land position of low-cost oil – along with a successful, experienced management team – It also has a bonus play (more on that below) that could make this company a huge winner.
What's more, it could easily be the next Bakken oil & gas company to get bought out. (And if it doesn't, production should rise steadily and quickly over the coming years.)
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This will carry on next week as study & research is verified etc.
