Black Stallion Oil & Gas, Inc. (OTCBB: BLKG) is a publicly traded, Houston, TX based energy exploration company focused on developing America's abundant shale oil and gas resources.
Black Stallion is currently focused on the emerging Alberta Basin Bakken in northwest Montana, which lies due west of, and shares characteristics with, the prolific Williston Basin's estimated 6.7 trillion cubic feet of recoverable natural gas and 7.5 billion barrels of recoverable oil.1
With the province surrounding the Company's holdings potentially containing as much as 1 billion barrels of oil recoverable (Sandomierski et al., 2002),2 and major industry players investing in and exploring the area with the same advanced technologies that unlocked the Williston Basin's Bakken resources, the Company continues to develop its team and exploration program.
- US Geological Survey (USGS) website, May 2, 2013.
- Woodrow Prospect 51-101 report, B.L. Whelan, P. Geo., June 30, 2014.
US Shale Energy BoomingCNBC discussion of the impact of the shale energy boom on the US economy and global energy industry.
US Growth Opportunity in Shale Oil and GasMcKinsey & Company discussion of the role of shale oil and gas in boosting US oil production and significant consequences for the economy.