Sunday, December 15, 2013

Possibly Triple The Bakken, The Cline Shale Is Stirring Big Interest - Seeking Alpha

Possibly Triple The Bakken, The Cline Shale Is Stirring Big Interest - Seeking Alpha

This is a very good article on Cline Shale oil and the companies who are operating in the area.  The Cline Shale is part of the large Permian Basin oil territory.  I own PBT which is an oil trust operating in the Permian Basin.  They pay a monthly dividend of more than 5% annually.  That may not sound like much, but PBT will probably hold up better than other stocks if we have a stock market correction in the near future.  I also own Continental Resources (CLR) in the North Dakota Bakken region.  They are the largest landholder there, and the stock could experience a big capital gain.

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