Tag: Bakken Oil Fields
What’s The Next Oil Patch Buyout?
Things are heating up in the Bakken oil fields of North Dakota and Montana… Whiting Petroleum (WLL) just announced they’re acquiring Kodiak Oil & Gas (KOG) in a $6 billion deal. Whiting will get access to Kodiak’s 171,000 net acres in the Williston Basin in exchange for $3.8 billion in stock and assumption of $2.2 […]
Bakken Oil Fields: This Place Is Booming!
There’s something big happening in North Dakota. Business is flourishing in small towns across the Peace Garden State. Thousands of people are descending on the northern plains and buying up supplies at a feverish pace. Why all the commotion? It all has to do with a geologic formation called the Bakken. Oil companies are employing […]
