Eco-Trade Corporation (OTCQB: BOPT) has the rights to the exploration, drilling and production on a property in Lewis & Clark County in Montana, near Great Falls totaling over 5,800 acres called the South Bakken Prospect with an estimated reserve potential of between 80 to 120 millions of barrels of oil recoverable. See Reserves. Property
The advent of the Alberta Bakken Fairway creates another opportunity for Bakken production outside of the boundaries of the Williston Basin. The Bakken Fairway was first discovered and drilled in Alberta, Canada, but now extends deep into northwest Montana into Lewis & Clark County where it is bordered by the Rocky Mountain Thrust Zone on the west and the Sweetgrass Arch to the west.
Major oil companies have now made the early move into the Bakken Fairway of northwest Montana and activity is accelerating rapidly. Rosetta Resources, Newfield, and Primary are the largest and most active to date. Now Eco-Trade may count itself among those players in this huge oil basin.
The most recent find in Bakken Shale region is the Three Forks Formation, which underlies the Bakken and separated by the Sanish Formation. The U.S. Department of Energy estimates the production from the Bakken/Three Forks formations to grow from 350,000 barrels per day to 700,000 barrels per day in the next 4 to 7 years (SOURCE: DOE).
Address: 1915 Eye Street, N.W., Washington, D.C 20006
Corporate Relations / Media Phone: 855-OIL-WEST / (855) 645-9378
Corporate Relations / Media Email: [email protected]
Name: Eco-Trade Corp.
Sector: Basic Materials
Industry: Independent Oil & Gas
Public Company: SEC Reporting and fully audited
Authorized: 400,000,000 common shares
SIC Number: 6500
Transfer Agent:Fidelity Stock Transfer
Year End: December 31