- 71,500 net acres FBIR, Sept 14, 2010, presentation, includes recent purchase
- + 46,500 acres bought in FBIR, Sept, 2010; $9,600/acre
- EUR: 300 - 500K/well
- Two wells/section
- 70 Bakken/TFS wells
- 4 rigs
- Current as of Sept 27, 2010
CLR (total Bakken acreage)
- 864,559 net acres
- + 47,707 net acres acquired 3Q10
- EUR: 518K/well
- 20 rigs
- Current as of Oct 11, 2010
- 358,000 net acres (includes Montana)
- + 76,000 net acres between December, 2009 - Sept, 2010
- EUR; 500 - 700K/well
- 5 -> 8 rigs
- Current as of Sept 27, 2010
- 428,906 net acres (North Dakota only)
- + 90,174 net acres, Montana, Sept, 2010, purchase, Starbuck
- EUR: 850K/well
- 13 rigs
- Some of the best acreage in the Sanish
- Current as of Sept 27, 2010
- 325,700 net acres (ND and Montana) (by my calculations)
- Includes an additional 16,700 units acquired November 5, 2010
- 5 rigs: four in West Williston; one in East Nesson (November 8, 2010)
- Some of the best acreage in the Bakken, but also some mediocre acreage
- Current as of Sept 30, 2010
- 72,000 net acres
- 2 rigs
- Most acreage in/near FBIR; recent acquisition - exposure north of Williston
- Current as of October 20, 2010; after announcement of acquisition this week
- >100,000 net acres
- 0 rigs; partners with others
- Unique business plan
Thoughts on long term investing in the Bakken and acreage.
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