The Bakken shale has been dubbed the most significant fossil fuel discovery in the U.S. outside of Alaska. Some estimates place the recoverable reserves as high as 24 billion barrels, which would be enough to meet U.S demand for approximately three years. This fertile oil field is attracting interest from drillers as the frenzy to feed America's oil fix continues.
Absent a substantial drop in oil prices, drillers in the Bakken should do well. So without further ado, let's meet the drillers.
Bakken shale stocks
My favorite Bakken shale play is Brigham Exploration
The bottom line
The Bakken shale offers an exciting investment opportunity. If you believe high oil prices are here to stay, drillers in this region should perform nicely.
Fool contributor Adam J. Crawford does not own shares in any company mentioned in this article. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.