Davo, do you know whether shales are prospective in Montana? ELK has about 48,000 acres at Uluru and Kakadu and these look like they lay within the Pierre Shale formation. I've done some research on this and it does appear like this formation does yield oil.
First we had the Bakken and then the Niobrara. I am just wondering where the next big rush will happen.
niobrara, page-13
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