basic analysis of the bakken boom

Found this article from the Million Dollar Way site that some HC members might find useful (hopefully it hasn't been posted before):

http://milliondollarway.blogspot.com/2010/02/basic-analsis-of-bakken-boom.html

Saturday, February 13, 2010
A Basic Analysis of the Bakken Boom

Normally I don't use a "new post" to link a single article, but this article is very, very good, and very, very timely. Notice that industry experts suggest that the drilling program in the Bakken will not be complete until 2030 and that production will continue through 2100.

Article Ref: http://www.undeerc.org/wbpc/pdfs/Seifert.pdf

Thats a lot of OIL!