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 […]

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 […]

Northern Oil and Gas, Inc. (OTCBB: NOGS) 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 […]

In the first quarter of 2007, Pogo Producing Company (Nachrichten) reported a net loss of ($21,195,000), or ($0.37) per share, on revenues of $351,406,000, compared to first quarter 2006 net income of $67,471,000, or $1.18 per share, on revenues of $373,538,000. Discretionary cash flow in the first quarter of 2007 was $163,574,000, down from $192,261,000 […]

Brigham Exploration Company announced the closing of a joint venture agreement with Northern Oil and Gas providing for Brigham’s participation in approximately 30,300 gross and 24,350 net acres in the Williston Basin. Roughly 5,120 gross and 3,000 net acres are located in Mountrail County North Dakota, providing potential step out and extensional drilling to […]

Hiland Partners, LP (Nasdaq: HLND - News) today announced the signing of an agreement to construct and operate gathering pipelines and related facilities associated with the development of a portion of the acreage owned by Continental Resources, Inc (”Continental”) in the Woodford Shale Play in the Arkoma Basin of southeastern Oklahoma.
Hiland Partners’ plans are to […]