Thursday, December 4, 2014

Six (6) New Permits, North Dakota -- December 4, 2014; Whiting Shareholders Overwhelmingly Approve Acquisition Of KOG

Whiting's acquisition of KOG is one step closer: Whiting's shareholders overwhelmingly approved the acquisition. The deal is slated to close next week. Bakken.com is reporting. Two data points:
  • the $6 billion deal–expected to close next week–included $3.8 billion in stock and $2.2 billion in debt;
  • this merger will make Whiting Petroleum the largest crude-oil producer in the Bakken shale region of the northern Great Plains
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Wells coming off the confidential list today were posted earlier; see sidebar at the right.

Wells coming off the confidential list Friday:
  • 25585, drl, KOG, Moccasin Creek 14-33-28-3H, Moccasin Creek, no production data,
  • 25996, 1,029, Whiting, Froehlich 11-13PH, Zenith, t6/14; cum 40K 10/14;
  • 25997, 1,133, Whiting, Froehlich 41-13PH, Zenith, t6/14; cum 41K 10/14;
  • 27611, drl, Hess, EN-Abrahamson-155-93-3019H-7, Alger, no production data,
  • 27805, 413, CLR, Pamela Ann 1-34H1, Temple, t10/14; um 7K 10/14;
  • 27926, drl, XTO, Gilbertson 11X-26FXG, Charlson, no production data,
  • 28100, 673, WPX, Lucy Evans 29-32HA, Antelope, t10/14; cum 4K 10/14;
  • 28111, drl, MRO, Susana 14-23TFH, Bailey, cum 8K 10/14 after first 16 days;
  • 28299, drl, XTO, Omlid 41X-13H, Siverston, no production data,
  • 28324, drl, Hess, EN-Freda-154-94-2635H-3, Alkali Creek no production data,
  • 28352, drl, BR, CCU Pullman 1-8-7TFH, Corral Creek, no production data,
Six (6) new permits --
  • Operators: CLR (6)
  • Fields: Jim Creek (Dunn)
  • Comments:
Active rigs as reported by the NDIC:


12/4/201412/04/201312/04/201212/04/201112/04/2010
Active Rigs191192181199164

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