Bakken Energy Corp., Subsidiary Nations Oil and Gas Signs Letter of Intent to Create Joint Venture with Indigo Resources, Ltd.

LAS VEGAS, May 29, 2014 /PRNewswire/ – Bakken Energy Corp formerly Orofino Gold Corp. ORFG -21.03%   is pleased to announce that its wholly owned subsidiary Nations Oil and Gas has signed a letter of Intent with Indigo Resources, Ltd to set up Joint Venture to access assets in Oil and Gas related properties in the Uinta Basin.The purpose of the Joint Venture between both parties is to access Oil and Gas feed stock for Indigo and also to acquire land for “rail terminals” to deliver product. The plan is to do build outs, get them permitted for leases, contracts, available resource and intellectual property. Currently Indigo through the joint venture intends to purchase up to 150,000 barrels of oil per week through Nations Oil and Gas relationships in the Uinta Basin.

via Bakken Energy Corp. Orofino Gold Corp., Subsidiary Nations Oil and Gas Signs Letter of Intent to Create Joint Venture with Indigo Resources, Ltd. – MarketWatch.

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