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2013/08/26

Oil Well Explosion

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Oil Well Explosion
By Keith Kohl | Monday, August 26th, 2013

keith  kohlBakken oil production set another record in June. 756,980 barrels of oil were pumped out of the North Dakota field every day.

Impressive, yes. But there's about to be a production explosion that no one sees coming.

You see, it was a rainy summer in North Dakota. Drilling crews fell behind schedule for completing new wells. Right now, there are at least 500 wells waiting to be finished. And those crews are working overtime, in some cases 24 hours a day...

When those wells come on line in the next few weeks, Bakken oil production could jump by over 100,000 barrels of oil a day.

That's right — some Bakken oil companies will see their production shoot up more than 10% virtually overnight. And with oil prices above $100, we're talking millions in profit.

But the best part is, you can own the most explosive Bakken oil stocks for less than $10 a share. My top pick has a 220% upside.

You can learn about it here.

Good Investing,

Keith Kohl  Signature

Keith Kohl
Editor, Energy and Capital






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