The Bakken: Canada's Hottest Oil Play
...And the junior oil stock that could be its next big payout
Wednesday, December 28, 2011
It's one of North America's biggest oil discoveries ever.
Straddling both sides of the U.S.-Canada border, the Bakken oil formation holds billions of barrels of oil that can now be recovered... thanks to the new technologies that make it all happen.
As a result, in the last few years, countless investors have made absolute fortunes from the Bakken...
Brigham Exploration's (BEXP) share price skyrocketed from $2 a share in 2009 to the $30 range recently...
Northern Oil & Gas (NOG) catapulted from $3 a share in 2009 to the $20 range today...
Kodiak Oil (KOG) – another junior oil producer in the Bakken – climbed from under $1 a share just a few years ago to over $7 of late...
That's why one of the questions I get most frequently from my subscribers is, “What's the next Bakken stock to pop?”
My answer is this... There's a little-known junior oil producer – operating in the new sweet spot in the Bakken – with great operational success and even greater upside potential.
Not only does it have a large underdeveloped land position of low-cost oil – along with a successful, experienced management team – It also has a bonus play (more on that below) that could make this company a huge winner.
What's more, it could easily be the next Bakken oil & gas company to get bought out. (And if it doesn't, production should rise steadily and quickly over the coming years.)
And in my brand-new report, you'll learn the name of this company, as well as my full 12 pages of research on this play. Keep in mind, I can only make this report available for a short time before I take it off the Web, and reserve it for my paid-up subscribers.
Until then, it's yours to keep.
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