I was just going to post something similar as follows, which appears to agree to your article:
I am not sure if this a good indicator for the oil price in the Bakken but it appears the Bakken Oil may have recovered if we use the clearbrook pricing:
http://www.bloomberg.com/quote/USCRUHC1:IND
Does anyone know if this would be a good indicator of what oil price SEA maybe getting? last quarter the price was $88 average. Anyone like to comment, I am not sure if this would be a fair indicator or not but the chart provided on the link does indicate the big drop in February 12 that was recorded by a number of articles on the web.
Also for those interested Helis have also permitted 2 more wells in the SEA S Antelope Grail field:
22879 - HELIS OIL & GAS COMPANY, L.L.C., GABBERT 4-2/11HR, LOT4 2-149N-95W, MCKENZIE
CO., 350' FNL and 1060' FWL, DEVELOPMENT, GRAIL, 'Tight Hole', 2380' Ground, API #33-053-
04118
#22880 - HELIS OIL & GAS COMPANY, L.L.C., BERT 2-2/11H, LOT2 2-149N-95W, MCKENZIE CO.,
200' FNL and 2050' FEL, DEVELOPMENT, GRAIL, 'Tight Hole', 2326' Ground, API #33-053-04119
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