Bakken Resources $BKKN will directly benefit from the completion of the pipeline. The cost per barrel to will drop in the region and will encourage area producers to gear up production on wells that were previously unprofitable due to slumping oil prices world wide. Bakken will once again enjoy the royalties from the ramped up production.
The mineral rights in North Dakota are leased to three well operators, Oasis Petroleum (NYSE: OAS $14.30), Continental Resources (NYSE: CLR $46.52) and Statoil ASA (NYSE: STO $17.90).
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