SSN 0.00% 1.5¢ samson oil & gas limited

Alittle light reading for the Hols//// quote from cut and...

  1. 2,242 Posts.
    lightbulb Created with Sketch. 58
    Alittle light reading for the Hols//// quote from cut and paste:::::

    --------------------------------------------------------------------------------


    Bakken Part 2: The 3 Forks - Sanish Formation


    It's being called "the #1 oil play in the country."




    It was only a year ago that the U.S. Geological Survey called the Bakken "the largest continuous oil accumulation it has ever assessed."

    With 4.35 billion barrels of recoverable oil in place -- the Bakken is already a homerun play for domestic oil companies and individual investors.

    And now we're looking at a staggering turn to the upside.

    That's because geologists and oil industry officials are saying we may have a "second Bakken" on our hands... one that could literally double the Bakken's already-prolific output.

    It's called the 3 Forks - Sanish oil formation, and it lies directly underneath the Bakken.

    Here's what Lynn Helms, Director of North Dakota's Dept. of Mineral Resources, has to say about it:

    "I think it's a big deal, and we're pretty fired up about it... Eventually it could equal the Bakken, which is remarkable... and that is an understatement. That could literally double the potential we have -- a Bakken 2, if you will."

    And for investors, the timing couldn't be better.

    Recently our Bakken stocks have locked in gains of 115%, 55%, 43% and 33%.

    And we're only getting started.

    To get the full details on oil's new breakthrough profit opportunity -- and how it's singlehandedly helping the state of North Dakota stop the recession dead in its tracks --
    end quote

 
watchlist Created with Sketch. Add SSN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.