Bakken Energy Corp. (BKEN)

[1984ISHERE]

UNITA BASIN IS LIKE A BLACK GOLD RUSH. $ORFG

MANY OF THE COMPANIES WITH ASSETS THERE EVENTUALLY GOBBLED UP BOUGHT OUT. AT SOME POINT ORFG MIGHT HAVE A SUITOR.

WE ARE EXPECTING SHORT TERM VALUATIONS TO BE ANNOUNCED AND OTHER DEVELOPMENTS SO I CAN SEE WHY SOME SAYING >.40 SHORT TERM

HOWEVER
ONCE OIL GETS A FLOWING ITS A GAME CHANGER. THOSE VALUATIONS WILL ONLY INCREASE.

BERRY ENERGY WAS IN A VERY SIMIlAR SPOT LIKE ORFG WHEN THEY STARTED. AT THE BUYOUT PRICE IT WAS WORTH AROUND 46 DOLLARS A SHARE. (SMILES)

ONE OF THE BIGGEST REASON FOR THE LINN BUYOUT WAS THE ASSETS IN THE UNITA BASIN

The final important addition is the Uinta Basin, which is a new area for LINN Energy. These are oily assets with significant production growth upside. In fact, Berry is projecting 17% annual production growth from its assets in the Uinta through 2017.

Linn Energy to Buy Berry in $4.3 Billion Deal
http://www.cnbc.com/id/100479197