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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TAG Receives Consent to Drill 18 Wells at Cheal, and Agreement to Bring New Drill Rig into New Zealand
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Cheal Production and TAG Development Activities Continue as Planned: Clarification on Incorrect Reports in New Zealand Media
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TAG Files Q2 Fiscal 2012 Financials and Reports Significant Increase in Revenue and Cash Flow
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TAG Provides Cheal Operational Update
