THE BEAR IN THE BAKKEN

摘要

Matt Steele has an affinity for the Bakken Shale. In 2008-at 30 years old-he started Ursa Resources Group LLC (Latin for "bear") and built a 120,000-acre position that he sold in multiple transactions by 2011, generating a three times multiple on investment and 100% internal rate of return. In 2015, he formed Bruin E&P Partners LLC (continuing the bear theme) and returned to the Bakken.