A reader sent me this link:
Hunt Oil Co. is awaiting state approval of its plan to blanket
Alexandria and Sioux Trail townships in southwest Divide county with 36
oil wells.
Hunt representatives told the North Dakota Industrial Commission
that each completed well would cost $7.9 million, which would total over
$142 million in each township if all the wells are drilled.
David Luttner, an engineering advisor for Dallas-based Hunt, said
the wells would target the middle Bakken and upper Three Forks
formations.
He said Hunt anticipates recovering 400,000 barrels of oil from each well.
Yes, I assume this refers to the case in
the December, 2012, dockets:
Case 19331, Hunt, extend West Ambrose, Musta, and/or Smoky Butte-Bakken, establish 18 1280-acre units; one well each, Divide.
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