Bakken Resources, Inc. Obtains DTC Approval To Begin Electronic Trading
HELENA, Mont., May 23, 2013 /PRNewswire/ -- Bakken Resources, Inc. (BKKN: OTCQX) ("BRI") is pleased to announce that on May 20, 2013, DTC approved electronic trading of the BRI's common stock. DTC approval follows BRI's first quarter 10-Q filing where BRI's financials indicated a second straight net positive quarter.
"We are pleased that the operating performance of the Company continues to show an upward trend, and that with the DTC approval, our shareholders may be afforded additional opportunities in the marketplace," notes BRI's CEO Val Holms. "We are currently evaluating a number of interesting projects with a view towards building upon our current producing asset base, and we look forward to making announcements in the future as we further develop and close upon such projects."
BRI continues to experience successful activity in North Dakota's Williston Basin (commonly known as the Bakken region). Currently, there are 39 wells in various stages of development on the BRI acreage.
A full listing of BRI's Williston Basin wells can be found on the Company website, www.bakkenresourcesinc.com. Such listing also contains the NDIC number for each listed well, allowing the user to obtain additional well information from the NDIC site (www.dmr.nd.gov/oilgas – note that some information requires a paid subscription).
ABOUT BAKKEN RESOURCES, INC.
BAKKEN RESOURCES, INC. is an oil and gas exploration/exploitation and development company with activities currently focused on mineral leases in North Dakota and Montana. This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, including among others, statements and projections regarding BRI's future financial position, operations, performance, business strategy, returns, budgets, reserves, levels of production and costs and statements regarding the plans and objectives of BRI's management for future operations, are forward-looking statements. BRI typically uses words such as "expect," "anticipate," "estimate," "project," "strategy," "intend," "plan," "target," "goal," "may," "will" and "believe" or the negative of those terms or other variations or comparable terminology to identify its forward-looking statements. In particular, statements, express or implied, concerning BRI's future operating results and returns are forward-looking statements. Forward-looking statements are not guarantees of performance. BRI makes no representation of the accuracy of any information presented or derived from any third party sites or information.
For further information please contact
Jim Kyle, Shareholder Liaison: (727) 265-7007
SOURCE Bakken Resources, Inc.