Month: April 2015

EOG HAS LION’S SHARE OF 900 NORTH DAKOTA WELLS AWAITING FRACKING

On Behalf of Martens PLLC, Attorney at Law | Apr 17, 2015 | Uncategorized

Reuters) - Oil producer EOG Resources Inc has the lion's share of an estimated 900 North Dakota wells waiting to be fracked, according to state data, showing that even major oil titans are mothballing operations while they hope for a rebound in oil prices.For months...

BAKKEN SHALE IS ALIVE AND, SORT OF, KICKING, ANALYSTS SAY

On Behalf of Martens PLLC, Attorney at Law | Apr 13, 2015 | Uncategorized

Came across some positive news for North Dakota amidst this downturn in the industry. SterneAgee analysts Tim Rezvan and Truman Hobbs presented at Hart Energy's DUG Bakken and Niobrara conference earlier this month where they learned that operators remain bullish...