Bakken Stock Story Roundup

Active Drilling Rigs – June 4th 2010

bakkenexpert — Fri, 04 Jun 2010 17:14:57 +0000

There has been quite a bit of activity since our last review of the active drilling rig report 4 months ago. The number of rigs is up to 121 which represents a 20% increase since March. Continental Resources (CLR: 43.88 +2.05%) has really stepped up their drilling activity and now has 17 [...]

May 12th – Bakken Fund Update

bakkenexpert — Wed, 12 May 2010 21:21:22 +0000

As you have noticed, we haven’t been reporting much over the last few weeks. Part of the reason was around the Dr Jekll and Mr Hyde persona the market has taken on lately for which we were on the sidelines in cash. The dust hasn’t fully settled but [...]

Bakken Bubble?

bakkenexpert — Mon, 19 Apr 2010 16:43:55 +0000

The broader market continues to decline after the selloff on Friday. There is concern that holding 11,000 may result in significant resistance for the markets and the Goldman Sachs news related to CDO fraud doesn’t help. The price of oil is closing back towards $81 and investors in the Bakken region must be careful to [...]

Bakken Fund Hits 30% return

bakkenexpert — Tue, 06 Apr 2010 01:04:48 +0000

As oil topped $86 a barrel today our Bakken Fund hit a 30% return in a little more than 2 months of existence. The amazing run has exceeded even our optimistic outlook on stocks that operate in the Bakken region. Oil has gone up about 10% in the last 2 months and our plays have benefited greatly from stable oil prices. The Bakken Fund is outperforming the Dow & Nasdaq by about a 3 to 1 margin since inception

Exclusive Interview with Bud Brigham, CEO of Brigham Exploration

bakkenexpert — Tue, 16 Mar 2010 14:46:49 +0000

The CEO's of small cap Oil & Gas companies are typically of a more rugged breed than most Fortune 500 companies. Where most CEO's are number crunchers who like chatting in the boardroom, oil execs are more comfortable getting their hands dirty in the field and Bud Brigham, CEO of Brigham Exploration is no exception. He started out in the trenches as a geophysicist and saw an opportunity to use his technical expertise to launch a company. Enjoy the interview

March 15th – Bakken Fund Update

bakkenexpert — Mon, 15 Mar 2010 20:30:35 +0000

The markets continue their choppy but upward ascent over the last 10 days and our Bakken Fund has followed suit as well. American Oil & Gas [[AEZ]] continues to outperform with a 40% gain and GeoResources Inc [[GEOI]] and Kodiak Oil & Gas [[KOG]] are also close behind.