American Oil and Gas will sell all of its holdings in the Powder River Basin, Wyoming, for $44 million and will focus on the Bakken and the Three Forks Sanish in North Dakota.
American Oil and Gas is getting ready to spud Summerfield 15-15H, file # 18725, in Bear Creek oil field, about nine (9) miles due west of southern edge of the Fort Berthold Indian Reservation. The Summerfield is just one-half mile away from the Hawkinson 1-22H, file # 18275. The Summerfield is in section 15 and the Hawkinson (CLR) is just across the section line in section 22, the Oakdale oil field.
The Summerfield is the third American well currently on the confidential list in the Bakken. The other two are the Ron Viall 1-25H and the Tong Trust.
Thank you to folks on Bakken Shale Discussion Group for bringing this to our attention.
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