BEXP Announces Another Nice Well

Here's the link. More later.

State 36-1 2H, a Three Forks well: 2,356 IP (early 24-hour peak flow back rate). This is BEXP's Three Forks well west of the Nesson Anticline. Rough Rider prospect.

Domaskin 30-31 1H, a middle Bakken well: 4,675 IP (early 24-hour flow back rate).

In the same press release, BEXP announces acquisition of an additional 10,200 net acres for leasing, approximately 7,600 in its core Rough Rider prospect area.  BEXP Williston Basin core acreage: 205,600 net acres. BEXP total Williston Basin acreage: 368,400 net acres.

According to the press release: "Domaskin represents the fourth highest initial production rate Bakken well in the Williston Basin. Brigham has completed seven long lateral high frac stage Bakken wells in Ross at an average early 24-hour peak flow back rate of approximately 3,835 barrels of oil equivalent. Brigham maintains an approximate 65% working interest in the Domaskin. Also participating in the Domaskin is Lario Oil & Gas Company with a 12% working interest."

Back to the new acreage, according to the press release: "Since early August 2010, Brigham has expanded its acreage position in the Williston Basin by approximately 10,200 net acres to an estimated 368,400 net acres. In its core Rough Rider project area, Brigham has expanded its acreage position by approximately 7,600 net acres, including a large acreage position obtained as a result of a transaction entered into with Zavanna, LLC. Inclusive of the acreage acquisitions, Brigham now has total core acreage of approximately 205,600 net acres."