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Old 10-13-2011, 11:27 PM  
Houdini
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Join Date: Dec 2001
Location: SoCal
Posts: 1,651
The Bakken isn't anything new. There are a number of companies that are actively drilling, a few large companies, but mostly smaller companies that own a significant amount of acreage, 100K+ acre lots. Every once in I see Cramer on Mad Money talking about Bakken and has CEO's of some of the companies. He hypes it up a lot. There's a shit load of oil there, but let's rape the other countries of theirs first.

Two largest are:
Marathon Oil Corporation (MRO) $69 billion in revenue (Conoco Phillips just bought a stake in them)
EOG Resources (EOG). 7 billion in revenue
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