Sunday, April 06, 2008
Oil - Billions of Barrels in N.D.
Sounds good to me.
I wonder why it's getting no publicity...
I wonder why it's getting no publicity...
I found this at TransWorldNews.com from Atlanta, GA:
"The Bakken Formation in North Dakota could boost America’s oil reserves by an incredible 10 times, according to a report Wednesday.
The Bakken Oil Formation, which covers North Dakota and portions of Montana and South Dakota, is believed to have 175 to 500 billion barrels of recoverable oil. The 200,000 square mile reserve that was initially discovered in 1951.
In 2007, EOG Resources of Texas drilled a single well in Parshal N.D. that is expected to have yielded 700,000 barrels of oil. Marathon Oil is investing $1.5 billion and drilling 300 new wells."