"The Bakken (BOKK-en) and Three Forks are vast, deep rock formations rich in both natural gas and quality crude underlying much of the western third of North Dakota in addition to broad areas of both Montana and Saskatchewan, an area the size of France."
http://www.bakkenblog.com/
"Term of the loan is 6 months and it is fully
secured by Emerald's Dunn Co and Green River Basin assets. It is expected to be repaid with the proceeds of other US funding arrangements".
Proceeds...
emr- next 2012 oil and gas multibagger, page-22
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