Continental Resources, Inc. (CLR), Kodiak Oil & Gas Corp (USA) (KOG), Newfield Exploration Co. (NFX): Is This America’s Next Big Shale Play?

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Foolish bottom line

Like the Bakken and Eagle Ford before it, expect the Three Forks to become a regular part of the industry’s vocabulary soon. As these companies continue their exploration efforts and de-risk board swaths of acreage, shareholders should expect those recoverable reserve metrics to increase. That could serve as a hidden catalyst for share prices.

The article Is This America’s Next Big Shale Play? originally appeared on Fool.com and is written by Robert Baillieul.

Robert Baillieul has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 

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