AB BakkenIs it coinicdence that some of the companies working the area have loaned the area the "Bakken" name? When in fact the zones they are tapping have other names... My point is simply this... MAYBE... this S Alberta area isn't "Bakken" maybe it is Bakken-"like"... and IF that is the case then... it would do investors well to understand that The SK Bakken is far from a homogenous continuous OR contiguous play... there are good spots, great spots... sweet spots and spots adjacent to those 3 "types" that can only be characterized as BAD spots...
I do FULLY agree that it is still very early... a whole lot of ground work is ahead of everyone... BUT do not overlook the fact that our Farmee is moving forward with a Multi-Stage Frac on the FIRST well... make no mistake... LEG knows all about the "spotty" SK Bakken... and for a small operator they have tons of expereince bringing this stuff to life...
In any case... this is ground floor Opportunity... it is going to take time... and some financing (dilution) before there's any real "pop and fizz" in the share price... Give this one a wake up call about 3 years dowen the road.