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A Nevada gold nugget detector forum. Chat about prospecting in Nevada, good areas to hunt for gold in Nevada,
and talk about the latest metal detector technology. Minelab, Gold bug 2, Tesoro, Whites detectors,
etc. are welcome. Display your finds!


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North Dakota Oil Boom-Field Larger than Middle East Reserves

 
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RexB
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Joined: 21 Jun 2006
Posts: 566
PostPosted: Tue Apr 15, 2008 6:12 pm    Post subject: North Dakota Oil Boom-Field Larger than Middle East Reserves Reply with quote
Not gold related, but probably still worth posting. New estimates put the size of the oil field reserves potentially above those of the middle east. Oil companies are buying land right and left. This is the, "largest 'continuous' oil accumulation ever assessed by the USGS. Two-thirds of the formation are in North Dakota, however, it also stretches into Montana, South Dakota, and southern Saskatchewan and Manitoba. The size ranges somewhere between 4.3 up to 500 billion barrels according to recent USGS reassessments.

http://www.marketwire.com/mw/release.do?id=843988


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