So, what’s keeping you from investing in the Bakken Shale?
Call for information and to discuss opportunities to participate in the Bakken Shale success story.
Okay, so if you haven’t invested in oil stocks, or directly in the Bakken Shale oil drilling & developmental efforts, why? The hit rate according to the North Dakota Industrial Commission (NDIC) and their statistical reports is about 99.6% or at last count six dry holes in over 6,000 drilled & completed wells.
None of us is getting any younger, and according to the current information a majority of Americans will be working until we die…therefore, investing while diversifying in those better performing sectors making money makes good sense…but sitting on the sidelines is both missing the boat, and depressing, and who wants to be depressed most of the time? Burying your head in the sand unless oil bearing sands is not a good idea, and you don’t have to do it. Investing to augment your retirement savings, and work income to stay ahead of inflation and cheaper dollars is smart, and now necessary for most of us.
Google the Bakken Shale and do some preliminary homework, and then email me or call me for more information and details about oil & gas investing. Editor
Okay, this is likely to get controversial…but sorry, after 30 years in this business this year, I believe I have earned the right…and feel I must get something off my chest; and would like to pose some questions for those in the industry who know what I’m talking about!
I’ve observed most of the practices of contractors, and sub-contractors, and employees who work for Operators, and oil service companies that perform work in the oil & gas fields during the past three decades and would like to make some comments, and note specific things seen time and time again throughout the Midwest where my focus has been; as a funding agent, issuer, sponsor, registered broker, and Operator…
First, the airing or getting something off my chest…
Why is it that ‘funding people, which are either private or small companies’ get to ‘take all of the heat’ meaning ‘cease and desist’ actions from the various state departments of securities; while these authorities completely ignore the vast majority of money raised by legitimate companies is being charged or spent in the field by often questionable, and unprofessional people…or by these so called experts at various operations being conducted in the field…This practice routinely occurs, and is often associated with dishonest or inaccurate estimates, and inflated invoices. Where is the oversight, or proper supervision? I have also seen death in the field as a result of carelessness, and complete lack of common or good sense…often as the result of a complete lack of supervision by the service companies raking-in the cash. Extremely young, inexperienced, and untrained personnel are being allowed to work without supervision, safety equipment, or managerial support?
Second, where are these owners of the field companies who are billing, and charging what ever they want regardless of the quality of their work, records provided…or proof work was accomplished properly? Who verifies the work has been done? I’ve caught workman sitting around doing nothing while an Operator, or private company is being charged. What about failure with a standard procedure field job, or jobs? It seems if a service company generates an invoice which they spend considerable time doing, the assumption is it’s correct…many times this has not been my experience…
Third, the attitude appears to be that anyone can charge whatever they want while performing a task in the field without cost parameters; but when ‘funding a deal’ this isn’t the case. This is true because the funding rules, and restrictions on who can charge or be paid commissions, or how much by funders are strictly monitored, and the lawyers working for state governments have a field day finding fault with privately funded companies; rather while those charging for services, and spending the majority of the money in the field get a pass…again, why?
Finally, why are the private companies raising the money to look for oil or brokerage firms always considered the bad guys, or the bad actors in this industry?
Drilling is about looking for and hopefully finding the oil which isn’t guaranteed…the funding guys don’t do the work in the field…the drilling & service companies doing work in the oil & gas fields of the country ought to have some integrity, or assume some responsibility, and accountability when spending the funder’s money, or the public, or private companies money…I suppose this is a drastically novel thought and idea…but this discussion is long over due in my opinion…
FYI…Investors, I’m impressed with the forecast of new findings about additional upside in the Bakken Shale by the USGS Report coming-out!
Bakken Shale could hold 100 times more recoverable oil than previously estimated!
Soon-To-Be-Released, New USGS Report Could Signal…of explosive Bakken Shale profits!
So, if you missed out on these huge profits during round 1 of the Bakken revolution:
• 473% gain – Marathon Oil
• 538% gain — Continental Resources
• 560% gain — Statoil ASA
• 766% gain — Whiting Petroleum
• 672% gain — Hess
• 1,611% gain — EOG Resources
• 5,557% gain — Kodiak Oil & Gas
A New, soon-to-be-released USGS Report could estimate the vast Bakken Shale holds as much as 100+ billion barrels of original oil in place. Consider also the fact of the Bakken having a 99.6% probability of drilling success. This record is after the drilling of over 6,000 successful wells has taken place in the Bakken Shale.
It’s common knowledge among oil industry higher-ups that the U.S. Geological Survey (USGS) is putting the final touches on its brand new, two-year, intensive geological study to determine more-accurately how much recoverable oil is in the vast Bakken Shale.
Even thought the USGS has not yet confirmed it, geologists at major, big-oil companies are betting that, when released, the new estimates will indicate there may be much more recoverable oil in the Bakken Shale than previously reported by the USGS in its last 2008 survey!
You need to act now before the government releases new, much higher estimates!
Because, just as its previous 2008 survey unleashed an investor rush that quadrupled the trading prices of many Bakken-related oil stocks, so could a new increase of oil reserves in the Bakken Shale can ignite a second round of buying.
Round-one investors, who were quick to jump on most any of the Bakken’s exploratory drillers, could have made huge profits of 473% . . .766% . . .1,611% and even 5,557% as companies like Marathon, Hess and Kodiak began drilling.
That was then. And the many of the initial Bakken investors are very, very rich.
But now, new estimates by credible geologists with some of the majors put the Bakken’s total oil in place much higher, conceivably as much as 100 times of what’s referred to as original oil in place, or 100 times the original estimate of 2.4 billion barrels of recoverable oil. It’s expected that the new USGS Survey will confirm this astonishing increase in recoverable Bakken oil reserves. And, I don’t see how it can possibly not ignite a repeat of the round one buying frenzy. But, for the maximum bang for your buck when that USGS report hits the street, you don’t want to invest now in the higher priced oil stocks that already took a ride on the 2008 Report.
If you’re an energy investor, you may know that most of those early, first-to-the Bakken, super-hot energy stocks have understandably cooled as fat and happy early investors have taken big profits off the table. While many of those already-profitable, Bakken-related stocks will undoubtedly get a huge boost from a new USGS Report, none is likely to give you a repeat of the kind of explosive profits seen in the early days of the Bakken Shale revolution.
Round 2 of the Bakken Revolution:
But, what if…
• You could turn back the calendar to the days when stocks of Bakken juniors like Kodiak Oil & Gas which were trading for pennies? What if you could invest now in the Bakken’s next 5,557% super-stock?
• What if there is a “whole new” Bakken within the already developing oil fields of the vast Bakken shale that is just now attracting attention?
• And what if there was a brand new, still-undiscovered exploration company, headed by a field geologist recognized as one of America’s most experienced Bakken experts?
• What if that company had just negotiated the mineral rights to some key, and prime Bakken acreage?
What if you could invest in a new company pre-issue price at $2.00 a share. What if the stock of a Bakken newcomer proves true to the pattern of so many past Bakken success stories? Well that, in a nutshell, is what this is all about!
Suncor Energy up 178 profits at 360% and 500% increases…
Holly Frontier profits of 135%
Darling Int’l up 320%
Marathon Petroleum profits at 88% & 117%
Even as the market hits new all-time highs, there’s lots of money still sitting on the sidelines, poised to pour into the market and it is likely you will see great stocks explode in bursts – racking up 80% of their next 12 month gains…in 12 weeks or less.
P.S. It’s an astonishing fact that 99.6% of all wells drilled to date in the Bakken have been successful! Sophisticated seismic data indicate the Bakken Shale can surprise us even more than we thought with even greater amounts of oil! Editor
Diversifying in any oil and gas investment strategy is a prudent necessary requirement to minimize risk, and take advantage of opportunities that vary among operators, and leases or acreage selected. Piggy backing with the majors & large independent oil companies is a must in my opinion, and even when locations being drilled are located in the Bakken Shale ‘sweet spots’, or ‘fairway’ locations where the best drilling opportunities exist.
The best way to take advantage of the current Bakken Shale investment opportunity is to invest with small fractional working interest in leases that are located in the key counties where the major oil companies, and large independents are having the greatest success. This means picking deals where the acreage, and leases consistently produce well, along with having high ‘flush & peak’ production, big recoverable reserves, and in those areas which can more rapidly return an investor’s capital. Acreage costs will be higher but are a small part of the overall costs to develop. However, if smaller fractional working interests are purchased from reputable companies the investor can have the same opportunity as any public company, large independent, or major oil companies committed to the Bakken Shale.
There is very good oversight of all of the oil & gas players provided by North Dakota, and Montana since they receive healthy royalties from any production produced from the Bakken Shale, and these states have taken a hands-on positive approach to keep the reporting and statistical updates current; for drilling permits, drilling & completion reports, and other pertinent information needed for anyone wanting to invest. The two states are pro energy, and work with the developers, and this is the best ‘symbiotic’ relationship between government, and entrepreneurs I’ve seen in 30 years of being in the business and working in any other states.
Call or email me for more information…leave a message, and your contact information for a fast response. Accredited Investors only! Editor