Bakken Resources is Royalty in the Energy Investment Business
Our business model is simple: We acquire royalty and overriding royalty interests in known, proven oil and natural gas properties.
-Build on Proven Reserves
-Leverage our relationships within the industry
-Bring capital and expertise together to drive shareholder value
We currently own 1,667 net mineral acres in Williston Basin of North Dakota’s Bakken formation. This acreage is in the prime “sweet spot” of the Bakken. In addition, we have small interests in Texas and Idaho, as well as Montana Bakken continues to search for royalty interests that will create value for our shareholders and complement our asset portfolio.
Bakken’s non-operator business model allows us to reduce risk by diversifying our holdings,
The key to our model is to partner with strong operators. Strong operators ensure that we can thrive at any point in our commodity cycle.
New U.S. Geological Survey assessments estimate undiscovered volumes of oil at 7.4 billion barrels in the Williston Basin Province of Montana, North Dakota, and Wyoming.
The oil and gas industry is in the midst of a cyclical downturn. This downturn has eroded oil and natural gas unit prices, and has resulted in significantly lower asset prices. Accordingly, we are in acquisition mode. We are reviewing and pursuing high quality assets that will complement our current assets, and will create long-term value throughout the commodity cycle.
Bakken Resources Inc. is pleased to report record crude oil and natural gas production and a record number of producing wells in 2016.
Industry discussion generally centers on cash break-even points for exploration and
production companies. However, companies like BRI have business models that are characterized by relatively low cost operations. As production grows in the current pricing environment, BRI can create long-term value for its shareholders.
As the industry recovers from its recent recession, companies like BRI are well positioned to take advantage of opportunities in the marketplace. And, BRI aims to do just that. BRI has recently completed a preliminary draft long-term strategic plan. This plan includes a detailed study of the significant producing domestic basins. The Company has identified a number of strategic initiatives designed to create long-term value while reducing overall risk.
Learn More About Bakken Resources: bakkenresourcesinc.com
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