Sunday, April 27, 2008

Oil @ $225.00 per barrel

West-central Saskatchewan, which is considered to have great potential for future production, is estimated to be 25 billion barrels of oil in place.

The huge potential of the Bakken play has industry and government officials gushing with superlatives.

The Bakken is the hottest play in Western Canada, and Crescent Point Energy Trust of Calgary, one of the top three players in the Bakken in Saskatchewan.

Petrobank Energy and Resources, Painted PonyPetroliem, Panterra Resources, all have large tracks of land, with large number of target drill.

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