SOURCE: Industrial Info Resources

Industrial Info Resources

October 28, 2011 06:40 ET

Oil & Gas Drilling Boom Creates Gold Rush in North Dakota's Bakken Formation, an Industrial Info News Alert

DENVER, CO--(Marketwire - Oct 28, 2011) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- "We're seeing a good old-fashioned Gold Rush in the Bakken Formation, and we can't get our equipment there fast enough." So said a representative of Caterpillar Incorporated (NYSE:CAT) (Peoria, Illinois) this week at a conference in Denver on infrastructure needs and investment opportunities in the Bakken Formation, a large hydrocarbon formation that lies under portions of North Dakota, Montana and Saskatchewan.

His comments were largely echoed by speakers and attendees at the 2nd Annual Bakken Infrastructure Finance & Development Summit, a two-day event sponsored by Information Forecast Incorporated (Woodland Hills, California).

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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