tag:blogger.com,1999:blog-1149283829854298377.post2042571225974290919..comments2024-03-28T15:12:38.709-05:00Comments on The Million Dollar Way (The Bakken Oil Blog): Results of Completed Wells From July 1, 2010 To December 31, 2010 -- North Dakota, USABruce Oksolhttp://www.blogger.com/profile/10952652803684625738noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1149283829854298377.post-81603994503028044222011-06-01T22:41:34.707-05:002011-06-01T22:41:34.707-05:00This is the full case summary from the NDIC site:
...This is the full case summary from the NDIC site:<br /><br />In the matter of the petition for a risk penalty of North Plains Energy, LLC, requesting an order authorizing the recovery of a risk penalty from certain non-participating owners as provided by NDCC § 38-08-08 in the drilling and completion of the Scanlan #3-5H well, Sections 4 and 5, T.153N.,<br />R.98W., Truax Field, Williams County, ND, pursuant to NDAC § 43-02- 03-88.1, and such other relief as is appropriate.<br /><br />I do not know what it means but the folks over on the Teegue Bakken Shale Discussion Group may be able to help you out (the site is linked on the sidebar at the right):<br /><br />http://groups.google.com/group/bakken-shale-discussion?pli=1<br /><br />My hunch, however, is this: the operator is ready to drill (or has drilled); the well went through the pooling process because someone did not want to sign with the operator. Now the company that drilled wants to collect from the individual that did not agree to terms offered by the operator regarding royalty payments. That's my hunch. Unless you were the one who did not sign the lease, I doubt this will affect you. But again, just my hunch. The folks over at the discussion group might be able to add more insight.Bruce Oksolhttps://www.blogger.com/profile/10952652803684625738noreply@blogger.comtag:blogger.com,1999:blog-1149283829854298377.post-3110447266434099742011-06-01T11:33:30.637-05:002011-06-01T11:33:30.637-05:00Bruce,
Regarding the Hearing dockets for April 20...Bruce,<br /><br />Regarding the Hearing dockets for April 2011, I noticed this for our well:<br /><br />"14521: North Plains, risk penalty legalese for Scanlan 3-5H, Truax, Williams"<br /><br />Any idea what this means?<br />Where can I get more info on this statement?<br /><br />Thanks for any help you can offer....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1149283829854298377.post-42668159719611971252010-08-23T17:11:19.490-05:002010-08-23T17:11:19.490-05:00off topic but interesting....
Bruce,
Enercom is ...off topic but interesting....<br /><br /><br />Bruce,<br />Enercom is hosting a conference in Denver in which many Oil and Gas <br />companies are presenting. Some of these companies are in the Bakken.<br /><br />The link below (you may have to copy it and paste it in your browser) - <br />provides an audio recording and slides of each presentation.... it <br />looks like companies have about 25 minutes to present their stuff - <br />there are lots of companies.....<br /><br /><br />http://www.vcall.com/customevent/conferences/enercom/20100823/webcast.html<br /><br /><br />just thought you'd be interested.<br /><br />roryAnonymousnoreply@blogger.com