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Adds Oil Mine Exploration in Bakken Potential by Apex Capital Corp.

Thursday, June 19th, 2008

Apex has identified up to 8 drilling locations on these lands pending further geological study.
Apex has acquired an additional 800 acres within its SW Saskatchewan Bakken oil play area. This brings Apex’s acreage in potential Bakken bearing lands to 2,240 acres of 100% working interest lands. Licensing has begun on its first well on these […]

Canada’s Crude Oil Production Expects Produce 4.5 Million Barrels of Oil a day

Thursday, June 19th, 2008

In its annual forecast of Canada’s crude oil production through 2020, the Canadian Association of Petroleum Producers said it expects the country will produce 4.5 million barrels of oil per day (bpd) in 12 years, double current output, with U.S. refiners taking the lion’s share of the supply increase.
And while the group called for 2015 […]

Ryland Oil Corp. Mining Company Snapped Up Licences in the Bakken area

Sunday, June 15th, 2008

Ryland Oil Corp. is a little-known company that trades on Canada’s junior stock market. It has a market cap of about $386-million. A month ago? Less than $250-million.
It made further waves Friday, announcing that it snapped up oil and gas licences covering 45,980 acres of land in the Bakken area of southeastern Saskatchewan. Put […]

Exploration Future of Oil Mine in Saskatchewan

Sunday, May 4th, 2008

Exploration potency of oil mining exploration incorporated mine in west center Saskatchewan is estimated 25 billion barrels.
Bakken is company which will do exploration of its in Saskatchewan. Decision done by Bakken is a speculative enabling company Bakken to get a real big gain.
Following comment submitted by Ed Dancsok from Saskatchewan Energy and Resources : We’re […]

North Dakota’s mineral resource leader gives estimate of oil in Bakken formation

Tuesday, April 29th, 2008

North Dakota’s own estimate of how much oil can be gotten economically, using current technology, from the Bakken formation in the Williston Basin is slightly above or below 2.1 billion barrels, Lynn Helms reported this morning at a conference here.
Helms, director of the state’s department of mineral resources, said that estimate is based on a […]

Saskatchewan New Invest and Find More Oil Mining Exploration Location

Friday, April 11th, 2008

Energy finds in Saskatchewan, New Brunswick, North Dakota and Pennsylvania could give investors cheap, low-risk — albeit unconventional — entries into oil and gas now, and handsome profits later.
Western North Dakota and western Pennsylvania, by which I mean the middle of nowhere, are on track to become the center of the universe for energy companies […]

Oil Rigs Begin Drilling in North Dakota’s, The Big Lake

Monday, March 17th, 2008

Oil companies are now drilling beneath North Dakota’s big lake.
Oil companies are using advanced horizontal drill techniques to tap crude oil and gas underneath Lake Sakakawea.
State mineral resources director Lynn Helms says it’s a logical extension to the formation known as the Middle Bakken. The formation lies two miles under the surface in western North […]

North Dakota crude oil production hits a high

Thursday, July 19th, 2007

North Dakota’s oil patch is turning out more than 120,000 barrels of crude per day for the first time in more than 20 years, state and industry officials say.
“It’s a big, important landmark,” said Lynn Helms, director of the state Industrial Commission’s mineral resources department.
North Dakota surpassed Kansas last year to become the eighth-largest oil-producing […]

Progress on tax-sharing oil agreement lags

Monday, July 9th, 2007

Negotiations on an agreement to help spur oil exploration on Fort Berthold Indian Reservation should intensify soon, prompted by recent oil discoveries on the reservation’s outskirts, state and tribal officials say.
However, the talks will have some complex employment, tax and regulatory differences to resolve, participants say. The Three Affiliated Tribes has its own oil production […]

Northern Oil and Gas, Inc. Announces Agreement to Acquire Appalachia Basin Acreage

Wednesday, June 27th, 2007

Northern Oil and Gas, Inc. announced today that it has entered into an Agreement to acquire approximately 10,000 net mineral acres in the Appalachia Basin. The acreage is located in the “Finger Lakes” region in Yates County, New York. Seismic studies associated with the acreage show a highly fractured fault system in the Trenton-Black River […]