InvestorsHub Logo
Followers 129
Posts 3721
Boards Moderated 0
Alias Born 01/02/2003

Re: geopressure post# 6021

Thursday, 05/31/2012 1:55:02 PM

Thursday, May 31, 2012 1:55:02 PM

Post# of 17809
Mississippian plays are also near all the refining capacity in the U.S.. The Bakkan oil must be transported for refining.

The infrastructure that the oil recovery industry requires was always available in the Mississippian area and ready to go when this play began.

The Baakan had to create an infrastructure and is still way behind the curve ball in housing, trucking, drilling, medical care, crime and even government. It's a real quagmire in the Dakotas and the oil companies are paying a huge premium to most workers.

Our Mississippian play will have higher margins because of the ability to handle the workload it has already seen.

http://www.governing.com/topics/energy-env/north-dakotas-oil-boom-blessing-curse.html

http://www2.macleans.ca/2012/05/15/north-dakotas-oil-rich-bakken-region-boom-busts-and-trouble/

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.