June 19, 2013
Encore Acquisition Company (NYSE: EAC) is an independent oil & gas company that operates in the famed Bakken Shale - rumored to have up to 400 billion bbls of recoverable petroleum.[1]
To stay strong against competition, Encore has been exploiting many of the projects that it discovered in 2006, including the Bakken Shale in North Dakota and Montana. As the United States tries to lessen its foreign energy dependence, the Bakken has enormous potential, which Encore is in a position to exploit.
(Read more at Wikinvest
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