A post at the Clastic Detritus blog discusses the types of resources present in the Bakken Formation, looking specifically at the USGS fact sheet for the Bakken undiscovered resource assessment. The author points out that these are “undiscovered” “resources” and explain that means less than many people will read into the numbers.

MegaWest Energy Corporation plans to try horizontal drilling and hydrofracking technology that has successfully been used in the Bakken Formation in an effort to produce oil from the Heath Shale in Montana. More in an article at GreatFallsTribune.com

XTO Energy spent $1.8 billion to acquire 352,000 net acres of Bakken Shale leasehold in Montana and North Dakota. Their engineers estimate that the properties hold 68 million barrels of oil. More at Pegasus News.