Wyly Wade

Tag: Bakken formation

Australia to be the next major Oil player; 233 billion barrels.

In a virtually uninhabitable section of South Australia, a discovery has been made which could rock the world. Some are calling it the biggest discovery of oil in 50 years. tests suggest a minimum of 3.5 billion barrels of oil, up to a possible 233 billion barrels.¬†Earlier this year, a company called Linc Energy¬†announced that…

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