The following Bakken?
Just some days in the past, a hastily assembled group including Chief Power Investment Strategist Marin Katusa and Casey Analysis Managing Director David Galland have been making ready to fly to a secret location. A location where a small oil company is about to drill the first oil well into what seems to be a large new oil bonanza.
But at the final minute, the oil company’s legal professionals canceled the journey and imposed a total communication blackout. They did so out of concern that regulators would think having the Casey Analysis team on site gave Casey Energy Report subscribers an unfair advantage.
Whereas disenchanted that the positioning visit was canceled, the Casey vitality group has already extensively researched the corporate and are now free to tell their subscribers about it.
And that’s why I’m writing to you in the present day: the Casey energy analysts believe this company might have as a lot or much more potential than those firms that made billions in the now legendary Bakken formation.
To put that assertion into perspective, let me inform you just a little bit about the Bakken. In case you are unfamiliar with it, it’s a monster oil and gasoline deposit protecting nearly 15,000 square miles throughout North Dakota, Montana, and Alberta, Canada.
The latest US Geological Survey estimates that the Bakken accommodates upwards of 7.4 billion barrels of recoverable oil – and that is considered on the low finish of the range. An government of an organization deeply involved in the Bakken just lately estimated that the basin will ultimately yield 20 billion barrels.
And those who discovered the Bakken’s tremendous potential forward of the group are now very well off indeed….When It Rains, It Pours… Money
Until 2005, the Bakken had been largely written off as uneconomic. Then leapfrogging advances in horizontal drilling applied sciences changed all the things, triggering a land rush that made multimillionaires out of landowners and explorers.
Take Harold Hamm, for instance. The founder and CEO of Continental Sources (CRL), Hamm, as Forbes journal places it, “is accountable for cracking the code of the Bakken.”
In 2007, the identical year that Continental was listed on the NYSE, the company was the first to complete lateral, multi-stage drilling over 1,280 acres in North Dakota.
One year later, Hamm was the first to demonstrate that the Three Forks formation, which was initially believed to be a part of the Bakken, was a separate reservoir and might hold more oil than the Bakken itself.
The remaining, as they say, is historical past. Hamm is now value $11.Three billion, which makes him the 90th richest individual on the planet.
But it’s not simply the wildcatters themselves that rake in the big money: Early hen buyers in Continental Sources made beneficial properties of as much as 459% within 14 months after the corporate’s NYSE listing. And people who held on have been taking a look at positive aspects of 549% when CRL’s inventory peaked in February 2012.
In other words, had you trusted in Hamm’s genius when he started out drilling in the Bakken, an investment of simply $10,000 would have turned into $64,900 for you.
There isn’t any question about it: The use of new applied sciences to unlock the Bakken, the Eagle Ford Shale, and different huge oil deposits beforehand thought-about uneconomic has been a game changer for North American power provides.
And also you could be the beneficiary of the following Bakken-sort windfall….The next Bakken – But Even Higher?
As I stated earlier than, the Casey power analysts imagine that the small firm they’ve uncovered may very well be the subsequent Continental Resources, sitting on unimaginable riches.
During the last yr this little company has quietly assembled a 2-million-acre concession in a area whose geological conditions for the production of oil and gas are literally much more promising than those within the Bakken.
And about one week from now, these sources could lastly be proven to be in place. You’ll be able to imagine what that could do to the company’s share price.
The company’s prime executives appear to have an analogous imaginative and prescient: Many of them have personally invested millions of dollars to fund the company and its present drill program.
In July, one director of the company, who is also the CEO of a serious Canadian oil participant, bought 200,000 shares at the market – bringing his holdings of the company’s stock to a complete of 1,235,237 shares.
I feel his optimism is effectively placed, considering that the corporate’s administration includes seasoned Bakken veterans who not only recognize the potential of the “new Bakken,” however also have the talents to get the oil out of the ground.
If the preliminary properly now being drilled meets administration’s expectations, this small-cap firm shall be on the quick track for explosive shareholder returns, probably for years on finish. Be There When the truth Is Unveiled – for an opportunity at Staggering Returns
Best of all, to this point solely a handful of research corporations have been listening to this just about unknown company. Therefore, we’re uniquely positioned to reap the benefits of the news released once the properly information have been compiled.
Actually, inside minutes of the corporate breaking the silence imposed by its lawyers, Casey’s analysts might be standing by to share their on the spot analysis with subscribers to the Casey Vitality Report….even when it’s the center of the night time.
To be fair, though, I should remind you that it is a speculation, not a slam dunk investment. Drilling is at all times a risky enterprise, so now we have to keep our enthusiasm in examine until the primary nicely is accomplished and the preliminary movement information are logged.
If, nonetheless, the initial properly test confirms that the company is sitting on the “next Bakken,” the funding returns from its 2 million acre concession must be nothing lower than spectacular. And the odds for that taking place are glorious. Be Prepared: Preliminary Drilling Results Are Anticipated on or Around Monday, September sixteen
Till the company has completed its movement exams and made a public announcement, Casey can’t share any details about the corporate, and even the country where the following potential Bakken is situated.
However as soon as the corporate issues its own press launch, everyone who is an energetic subscriber to the Casey Power Report will obtain our alert with an up-to-the-minute evaluation and specific suggestion on how to invest.
In addition, to make sure that Energy Report readers get the complete picture of this thrilling new play, the Casey Power team is now preparing a complete report concerning the “next Bakken” and the small-cap firm already supremely positioned to profit from it.
Whereas no one can say exactly when the drill will reach the pay zone and the next properly move check might be completed, the last estimate provided by the corporate before the legal professionals instituted the communications blackout was mid September.
Primarily based on Casey’s own analysis of the processes involved, they anticipate the corporate might be able to release information on or about Monday, September 16. In fact, as a consequence of the nature of any drill program, this is barely an estimate.
Regardless, once the testing is accomplished and the corporate issues its public press release, Casey Energy Report subscribers will instantly receive an Alert with our evaluation – and their particular report on the next Bakken.
Of course, it can be massively unfair (and poor business ethics) to launch this information to non paying subscribers.
Not to fret, although. In the event you subscribe right this moment, you can nonetheless participate in the earliest phase of what might develop into a flood of investment into the “subsequent Bakken.” Make a Bundle or Pay Nothing in your Subscription
How a lot does it value to get in on what could possibly be the next Bakken? Hundreds of subscribers to the Casey Vitality Report pay $248 per quarter, an quantity that could seem high to some.
Nonetheless, that they have been ready to send an executive workforce to the secret properly site – involving international flights and almost eleven hours in a automotive – ought to make it clear just how a lot potential we consider this funding has for our subscribers. If they’re right, the potential returns will make the cost of your subscription pale by comparison.
However what in the event that they’re improper, and the first properly is a bust? What then?
It’s easy: because of Casey’s three-month, no-questions-asked, one hundred% money-back assure, if you do not make a bundle off this thrilling new play inside the first three months of your subscription, merely drop them an email and they’re going to promptly return every penny you paid.
It’s a totally easy proposition that works totally in your favor.
Of course, they’re fairly assured you won’t cancel your subscription.
Because they consider that they are about to make some huge cash on this inventory, and that it’ll proceed to provide exceptional returns for years (or till it’s taken over by a larger company hungry for the 2-million-acre concession it has assembled on the following Bakken – and if that occurs, it’ll be simply nearly as good for us).
In a Might 2010 interview broadcast on Enterprise Information Community, Chief Investment Strategist Marin Katusa spoke about Africa Oil, one other early Casey vitality choose. In that interview, he said, “This inventory has a realistic potential to give you 10 to 15, even 20, occasions your money.”
He was proper: Africa Oil handed early buyers a revenue of over 1,200%.
In a latest electronic mail, Marin wrote, “Since that interview on Africa Oil, I’ve never made a similar forecast about a company, but I haven’t any reservations saying that this new company simply has as much or extra potential.”
You do not want to miss out on this alternative.
Getting in on the ground floor is as simple and straightforward as clicking here to join the Casey Energy Report now.
Remember, Casey’s ironclad 100% cash back assure means you have received nothing to lose to present the Casey Power Report a attempt. With the drill turning and their energy team exhausting at work making ready its comprehensive report on the “subsequent Bakken,” now is unquestionably the time to act.
Ray @ The Crude Oil Trader
P.S. It is important to highlight that members of the Casey Analysis group own shares in funding funds which have invested capital on this firm again from the time it was just an thought. That the company appears to have made good use of its capital to construct its position on this doubtlessly huge new oil play is all to the nice and the only purpose we are bringing this inventory to the eye of our readers. To keep away from a conflict of curiosity, Casey’s company policies (accurately) require them to provide advance discover to subscribers earlier than they sell, which we do not see occurring until the corporate has unlocked its full potential and its shares are trading at many multiples of where they are actually.
If you, too, wish to join in on this early stage play, be certain to sign up right now – or at the most recent earlier than Monday, September 16. And remember: you both make a bundle otherwise you simply cancel within three months for your cash again. Even after three months, you can still cancel anytime and obtain a prorated refund.