Bakken Resources Inc. (“Bakken”, “Company”, “We”) is a publically traded energy investment company. Our business model is simple: we acquire royalty and overriding royalty interests in known, proven oil and natural gas properties.
Why royalty and overriding royalty interests? These interests allow Bakken to participate in a dynamic industry. As commodity products, oil and natural gas are subject to not only market fluctuations but also are subject to geopolitical shifts. These factors create risk, high risk. Our preference to hold royalty and overriding royalty interests allows us to participate in this dynamic sector, while substantially reducing our risk exposure, and creating high profit opportunities. In effect, we shift our risk to our well operators.
Our business model allows us to profit in any market conditions. When oil and natural gas unit prices are high, we profit handsomely. When prices are low, we invest in cheap, high potential long-term assets. We do not have the high cost structure of most energy sector companies. Therefore, we can create value for our shareholders in any market environment.
We currently own 1,667 net mineral acres in Williston Basin of North Dakota’s Bakken formation. This acreage is in the prime “sweet spot” of the Bakken. In addition, we have small interests in Texas and Idaho, as well as Montana Bakken continues to search for royalty interests that will create value for our shareholders and complement our asset portfolio.