~Strategically located within the prolific Alberta Bakken Shale
~Current geological and geophysical data including seismic data
~Seismic and review commencing in fourth quarter
~The Alberta Basin Bakken is a Devonian Shale light oil play stretching from Southern Alberta into Montana
~Considered one of the largest (and continues to expand) onshore oil discoveries in North America in decades
~Bakken is a “tight” rock deposit which are also called “unconventional” plays
~Wood Mackenzie Research and Consulting predicted the Bakken formation in Alberta and northern Montana could contain 2.6 billion barrels of recoverable oil
~Montana’s most active driller, Newfield Exploration Co. holds 13,000 hectares with Primary Petroleum
