From the Wires
Dakota Plains Holdings Retains Hayden IR to Develop Strategic Investor Relations Program
Hayden IR to drive investor awareness for Company uniquely positioned to benefit from oil production and limited pipeline capacity in the Bakken formation
By: PR Newswire
Nov. 27, 2012 09:52 AM
WAYZATA, Minn., Nov. 27, 2012 /PRNewswire/ -- Dakota Plains Holdings, Inc. ("Dakota Plains"), (DAKP), a leading energy logistics company operating in the Bakken oil fields of North Dakota, today announced that it has engaged Hayden IR, a respected national investor relations firm, to develop and implement a strategic investor relations program to raise its visibility and strengthen its relationships with the investment community.
Gabe Claypool, Chairman and Chief Executive Officer of Dakota Plains commented, "Dakota Plains is taking advantage of exciting opportunities to service the Bakken oil fields of the Williston Basin, underlying parts of Montana, North Dakota, and Saskatchewan. The Bakken Shale is the largest on-shore oil deposit and one of the most strategic energy finds in North America. Strong energy prices continue to stimulate production among the operators in this region. With current and planned pipelines at or near capacity, there is strong demand for our rail and trucking services to move the increasing volumes of crude to the market. With the Bakken play still in its very early stages, we feel it is an appropriate time to engage Hayden IR to help us articulate our value proposition to the investment community. We believe that our unique business focus, strong financial model, and future growth plans have the fundamentals to deliver exceptional returns to shareholders."
With offices in New York, Phoenix, Minneapolis and Seattle, Hayden IR provides a comprehensive range of investor relations services to a growing list of clients. For more than a decade, Hayden IR has been a recognized leader in driving market recognition and creating sustainable competitive advantages for more than 200 micro- and small-cap companies. Hayden delivers expertise and professionalism in such areas as investor management, relationship building, awareness campaigns, online presence and corporate identity.
Peter Seltzberg, Regional VP in Hayden IR's New York City office, added, "Significant increases in production from the Bakken oil reserves will continue to be met by robust global demand for energy, and limitations on existing methods for moving this oil to market. These dynamics will create powerful opportunities for Dakota Plains. We are impressed with what we see as an exceptional business model at Dakota Plains and look forward to introducing management and the Dakota Plains story to investors wishing to participate in the proliferation of the Bakken. North Dakota is now the second largest crude oil producing state in the country and production is forecasted to increase for at least 10 years. Dakota Plains' transloading, marketing and trucking businesses offer investors a unique way to invest in this region, and we look forward to helping management reach all the key audiences within the investment community."
About Dakota Plains Holdings, Inc.
Cautionary Note Regarding Forward Looking Statements
SOURCE Dakota Plains Holdings, Inc.
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