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Enerplus Corporation Message Board

  • stotwx stotwx Dec 26, 2007 10:59 AM Flag

    re; Baaken play

    look at board message april 5 or 6 2006 which quotes from a wall street journal article on the potential of this area--there really is black gold in them there hills.

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    • A year and a half later,
      Mr. Price's report to USGS is still being held back from release. Other writings on the subject cover horizontal
      drilling and other experiments which are bringing greater
      success to this non-traditional field and while they allow that Mr. Price's report may have been a bit sensational this field is still one of the few best politically-secure and investment-secure oil exploration and growth opportunities in the world.
      ERF's own website dryly reports that 13% of their current production is now coming from the Bakken.

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