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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Canaccord Genuity Reiterates a 'Buy' on Oasis Petroleum (OAS); Looking Past H1/11 Delays; Stage is Set for 2012 Growth
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Wells Fargo Upgrades Oasis Petroleum (OAS) to Outperform; Reading The Market Tea Leaves And Buying The News
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Canaccord Genuity Reiterates a 'Buy' on Oasis Petroleum (OAS); Improved Well Design Should Drive NAV Accretion in 2011
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KeyBanc Starts Oasis Petroleum (OAS) at Buy, Prcie Target $33
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Wells Fargo Downgrades Oasis Petroleum (OAS) to Market Perform; Valuation Call
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UPDATE - UBS Downgrades Oasis Petroleum (OAS) to Neutral; Party Isn’t Over, But It’s Starting to Get Late
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Wells Fargo Initiates Coverage on Oasis Petroleum (OAS) with an Outperform; Leading Bakken Leverage Well Funded, Oil Dominated Growth
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UBS Initiates Coverage on Oasis Petroleum (OAS) with a 'Buy'; You’re My Wonder "Well"
