Is This Oil Field the Next Bakken? By Robert Baillieul - April 17, 2014 Over the past few years a handful of energy companies have been silently buying massive tracts of land in a little known area of Louisiana. Early estimates suggest that this oil rich region could contain 7 billion barrels of recoverable oil… putting it on par with other prolific shale fields like the North Dakota Bakken and the Texas Eagle Ford. And their bets are starting to pay off. Many of the area’s big oil producers have reported spectacular numbers from their drilling operations. And this could...
