Bakken + Three Forks = "A "[edit.] Ton of Oil"

Light, sweet crude OIL.
And it's about to make national headlines... again. Only this time, a new geologic twist has North Dakota's normally modest residents... grinning from ear to ear. Take a look -

It was only a year ago that we introduced our readers to the massive domestic oil find known as the Bakken, just as the U.S. Geological Survey released its long-awaited study. The USGS estimates 4.35 billion barrels of recoverable oil in the Bakken, which stretches from the Dakotas and Montana into Canada.
Now it's no secret that oil rigs have been producing Bakken oil with great success for the last several years... as technological advancements have finally unlocked the formation's massive net potential.
The Bakken, on its own, is already a vital piece of the domestic oil landscape.
In fact, the Bakken was recently called "the #1 oil play in the country," in an Oil & Gas Financial Journal interview with Mark Williams, senior VP at Whiting Petroleum - one of the leading producers in the Bakken.
But it's the latest news - sweeping the entire state and its 641,500 residents - that has oil companies and North Dakota residents understandably pumped.
That's because -- according to geologists and state and industry officials -- we may be looking at another oil formation... one that's every bit as big and resource-rich as the Bakken.
It's the gargantuan Three Forks/Sanish formation. It lies beneath the Bakken.



If geologists and officials are right about Three Forks, they could soon be confirming this giant basin as a a separate oil-producing formation... one of major significance to our national energy landscape... one that could literally double the output of the Bakken... one that could finally break our addiction to Saudi oil.
And the best part for investors?
Let me just say this. A trio of companies operating here - ones we've already played once for gains - could be the juiciest profits you add to your portfolio over the next few years.
Again, we're still holding these companies... some of which we've advised our readers to close 50% of their positions to secure profits... others of which we've recommended buying more on dips.
And now, the day we've been waiting for has finally come. Targets are set squarely on our Bakken - Three Forks plays to seize all the gains that Round 2 has to offer.
I'll go into full detail on all three of these incredible money-making opportunities below... but not before you get the facts on the two domestic oil resources that could help fill our national energy gap for the next several decades.
Bakken + Three Forks = "A "Sh__t Ton of Oil"
As I mentioned above, geologists and officials are busy determining if the gargantuan Three Forks-Sanish formation is a separate oil-producing formation... or an "oil drip pan" for the Bakken.
Now we already know the Bakken is a homerun play for many drillers... and individual investors. (There's still a mad dash to set up shop and begin extracting the Bakken's rich oil resources... most notably in the new boom state of North Dakota.)

In fact, the state's oil industry "doubled in size dollar-wise between 2005 and 2007," according to a recent North Dakota State University study. The same report places the value of oil production, exploration, refining and other activity at "a total of $8.2 billion in 2007, up from $4.1 billion in 2005."
Almost all of it... owed to the Bakken.

From Capital and Energy email today