The reference in the title to The Red Queen from “Alice in Wonderland” by the English author Charles Lutwidge Dodgson (perhaps better known from his pseudonym Lewis Carrol) who was an author, mathematician and logician, is deliberate to create associations with The Red Queen’s statement; “It takes all the running you can do, to keep in the same place” . This post is an update on Light Tight Oil (LTO) extraction in Bakken based upon published data from the North Dakota Industrial Commission (NDIC) as per March 2015. Extraction developments of LTO from Bakken may be followed by county, formation, vintage of wells, and one important source to understand the developments are coming from studying the developments by companies. Holding this up with companies’ financial statements (10-K and 10-Q) is an invaluable source about the companies, their financial capabilities and their strategies. […]