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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: axial who wrote (25013)7/4/2009 6:47:36 PM
From: Frank A. Coluccio  Read Replies (2) of 46821
 
Dakota Oil Fields of Saudi-Sized Reserves Make Farmers Drillers
By Anthony Effinger | Bloomberg | June 3 2009

John Bartelson, who smokes Marlboro Lights through fingers blackened with tractor grease, may look like an average wheat farmer. He isn't. He's one of North Dakota's new oil barons. Every month, he gets a check for tens of thousands of dollars from a company in Houston called EOG Resources Inc., which drilled two oil wells on his land last year. He says the day his first royalty check arrived was one to remember. ``I smiled to beat hell, and I went to town and had a beer,'' Bartelson, 65, says.

Cont.: bloomberg.com

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