Filloon Updates BEXP's Bakken Results -- 1Q12

Link here to SeekingAlpha.com.

These results are significant. Brigham has some of the best IP rates in the Williston Basin. These high 24-hour IP rates, are created by Brigham's decreased choking back of production. The choke it is currently using will tend to lose pressure in a shorter period of time. Brigham opens up these wells and obtains more resource in a shorter period of time. Companies that choke back production more, allow the well to produce for a longer period of time before being placed on artificial lift. I am unsure which way is more productive. Some think releasing well pressure too fast will decrease recovery over the life of the well. But when compared to other producers to date, this has not been the case as Brigham still outperforms much of its competition, although an argument can be made for Kodiak in the Koala and Polar prospects.