Right here in America there is a modern day oil & gas boom. Using a geology-based assessment methodology, the U.S. Geological Survey estimated mean undiscovered volumes of 3.65 billion barrels of oil, 1.85 trillion cubic feet of associated/dissolved natural gas, and 148 million barrels of natural gas liquids in the Bakken Shale Formation of the Williston Basin Province, Montana and North Dakota.

Oil And Gas Boom Plays In The USA And Canada

Antrim Shale ANWAR Oil Shale - Austin Chalk - Avalon Shale - Bakken Oil Shale - Barnett Shale- Bone Spring - Bossier Shale - Brazil Oil Field - Cardium Shale - Chainman Shale - Chattanooga Shale -Collingwood Shale - Cumnock Shale - Duvernay Shale - Eagle Ford Shale - Exshaw Shale - Fayetteville Shale - Granite Wash - Green River Basin Oil Shale - Haynesville Shale - Horn River Shale - Huron Shale - Kern County Oil Field - Leonard Shale - Marcellus Shale - Monterey Shale - Montney Shale -Niobrara Shale - Permian Basin - Piceance Basin - Smackover Brown Dense Formation - Spraberry Field - Tuscaloosa Marine Shale - Utica Shale - Wolfberry Trend - Wolfcamp Shale - Woodford Shale -Oil Sands - China Shale - Mineral Rights - Index of Shale

Wednesday, October 19, 2011

Statoil Buys Brigham for $4.4 Billion to Get Bakken Shale


Oct. 17 (Bloomberg) -- Statoil ASA, Norway's biggest oil company, agreed to buy Brigham Exploration Co. for about $4.4 billion in cash, expanding in unconventional U.S. assets because of declining North Sea production.
Statoil will buy all of Brigham's shares for $36.50 each, a 20 percent premium to the Oct. 14 closing price, the Stavanger- based company said today in a statement. It would be the seventh-largest takeover announced in the oil and gas industry this year. The premium compares with a 23 percent average this year in the industry, Bloomberg calculations show.
Source: Bloomberg Business Week 
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