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Oasis Buys Bakken Acreage For $1.52 Billion

2013-09-05 17:25:00| OGI

Oasis will have 492,000 net acres with recent production of 43,000 barrels of oil equivalent per day.

Natural Resource Partners Bags Bakken Oil & Gas Assets

2013-08-13 17:20:00| OGI

The acquisition includes approximately 134 producing wells in addition to interests in 18 wells that are in various stages of development, and NRP expects the acquisition to be immediately accretive to its unitholders.

Tags: natural partners resource gas

Bakken Resources Pays Off Long-Term Debt

2013-08-07 09:35:00| OGI

The company made its final payment on a long term note payable for the purchase of 800 net mineral acres in McKenzie County, N.D, six years early.

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Exclusive: Bakken flaring burns more than $100 million a month

2013-07-30 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Oil drillers in North Dakota's Bakken shale fields are allowing nearly a third of the natural gas they drill to burn off into the air, with a value of more than $100 million per month, according to a study to be released on Monday. Remote well locations, combined with historically low natural gas prices and the extensive time needed to develop pipeline networks, have fueled the controversial practice, commonly known as flaring. While oil can be stored in tanks indefinitely after drilling, natural...

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