Norways Statoil to acquire Brigham Exploration for US$4.4B cash; entry into the US Bakken and Three Forks tight oil plays
Green Car Congress
OCTOBER 17, 2011
Brigham, based in Austin, Texas, has a strong position in the Bakken and Three Forks tight oil plays in the Williston Basin in North Dakota and Montana. Brigham has adapted new technology in horizontal drilling and hydraulic fracture stimulations to develop the tight oil resources in the Williston Basin. Click to enlarge.
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