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Raptor Resources
Raptor Resources, LLC ("Raptor") is a non-operating oil and gas exploration and production company which seeks to acquire mineral acres in the Bakken and Three Forks shale oil formations of western North Dakota and eastern Montana, or in similar geologic formations located elsewhere in the United States. The Bakken has quickly become one of the most exciting oil plays in North America, with ND growing its daily oil production from 50,000 barrels per day a few short years ago, to over 1M barrels per day as of April, 2014. North Dakota is now second, behind only TX in US oil production! Read More..... |
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"I have said many times, there's only one Bakken. It is
the most important oil discovery in the past 50 years. It's massive, one of the
largest pure oil resource plays in the world, and we have de-risked 3,800
square miles for multiple benches. It's onshore American, it's 85% oil, and it
has one of the most consistent, high quality crudes anywhere in the world. And
it's just getting started. Bakken will soon surpass 1 million Boe per day of
production, and I expect that to double again within ten years."
Harold G. Hamm, Chairman and CEO of Continental Resources, Q3 2013 Earnings Call
Harold G. Hamm, Chairman and CEO of Continental Resources, Q3 2013 Earnings Call
