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As of 8:10 PM 10/23/14 All times are local (Market data is delayed by at least 15 minutes).

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03/10/14 - $0.40
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10/17/14 - $0.08
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bakken resources inc (BKKN) Details

Bakken Resources, Inc. is engaged in the acquisition, exploration, exploitation, and development of oil and natural gas properties in the United States. As of March 31, 2014, the company owned 33.3333% of the mineral rights to approximately 7,605 gross acres of land located about 8 miles southeast of Williston, North Dakota. It also has a 50% net mineral interest in the Duck Lake acreage minerals covering approximately 2,200 acres located in Glacier County, Montana; and a 17% working interest participation in an oil well located in Archer County, Texas. The company is based in Helena, Montana.

3 Employees
Last Reported Date: 09/18/14

bakken resources inc (BKKN) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $180.0K
Compensation as of Fiscal Year 2013.

bakken resources inc (BKKN) Key Developments

Bakken Resources, Inc. announced delayed 10-Q filing

On 08/15/2014, Bakken Resources, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Bakken Resources, Inc. Announces Executive Changes

Effective June 9, 2014, David Deffinbaugh resigned as the Chief Financial Officer of Bakken Resources, Inc. Mr. Deffinbaugh’s decision to resign as an officer and director was not due to any disagreements with the company. Simultaneously with Mr. Deffinbaugh’s resignation, the Board appointed Dan Anderson to serve as the company’s interim Chief Financial Officer. Anderson 49, has approximately 25 years of financial and operational executive leadership experience. Mr. Anderson founded CFO Solutions, Inc. in 2013, which is based in Helena, Montana and provides financial and management consulting services to small to mid-sized businesses. Prior to that he was the director of the Helena, Montana Small Business Development Center where he spent a decade assisting distressed small businesses achieve operational profitability. Mr. Anderson's experience between 1995 to 2003 included being a business consultant and partner in Kerins Consulting Group, LLC.

Bakken Resources, Inc. Announces Resignation of W. Edward Nichols as Member of the Board of Directors

On June 3, 2014, W. Edward Nichols, a member of the board of director of Bakken Resources, Inc. resigned as a member of the board of directors of the company. Mr. Nichols' decision to resign as a director was due to outside commitments and not due to any disagreements with the company or on any matter relating to the company's operations, policies or practices. On June 9, 2014, the board elected Mr. Louis J. Mazzullo as a director of the company to fill the vacancy on the board created by Mr. Nichols' resignation. Mr. Mazzullo was elected to serve until the next annual meeting of stockholders of the company and until his successor is elected and qualified. Mr. Mazullo currently is the President and Chief Certified Petroleum Geologist for Mazzullo Energy Corp. providing specialized geological advisory and project services in oil, gas and uranium exploration and development to various petroleum companies.


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Price/Earnings 1.6x
Price/Sales 2.2x
Price/Book 1.1x
Price/Cash Flow 1.5x
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