Bakken Formation
The Bakken Formation is a rock unit occupying a substantial part of the subsurface of the Williston Basin, in Montana, North Dakota, and Saskatchewan and is believed to hold a significant amount of oil shale. The state of North Dakota released a report in April 2008 that estimated there are 167 billion barrels of oil in the Bakken. However, the report also concluded that current technology could only extract 1% or 2.1 billion barrels from the Bakken. In report published by the USGS in April 2008, the amount of technically recoverable oil in the Bakken Formation is at 3.0 to 4.3 billion barrels.
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Enbridge Reports Third Quarter Adjusted Earnings of $241 Million or $0.32 Per Common Share
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Barclays Maintains an 'Equalweight' on Enbridge Energy Partners (EEP); Adds Diverse Set of Growth Projects
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Enbridge Energy Partners Declares Distribution and Reports Earnings for Third Quarter 2011
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Enbridge Energy Partners Announces Bakken Access Expansion Program
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Wells Fargo Upgrades Enbridge Energy Partners (EEP) to Outperform; Recent Market Weakness Provides An Attractive Entry Point
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Barclays Maintains an 'Equalweight' on Enbridge Energy Partners (EEP); Balanced Growth in Oil and Gas, but Rising Maintenance Costs Could Temper Growth
