JayHawk Enters the Bakken -- North Dakota, USA

I consider the Rigzone a pretty good source of news.

Today it reported additional background to the recent BP - Russia deal.

And then just below that is this headline: "JayHawk Enters Bakken/Three  Forks Play."

So, I'm expecting a pretty substantial story. This is it:

In order to proceed with the Company's recent drilling at Crosby, a quarter section of land was acquired with Bakken rights, which allowed JayHawk a small entry into the play. With this acquisition, the Company decided to begin the search for additional Bakken rights. This recent acquisition is the first of what the Company hopes to be multiple additions to its holdings in the Crosby-Bakken lands."

The Bakken and Three Forks rights acquired include 1,066.5 gross acres and 135.056 net acres in Divide County approximately 20 miles from the Crosby pool.

A quarter section was acquired. Okay.

JayHawk says that drilling costs in Divide County are "somewhat reduced" from the average of $5 - $7 million as reported by EOG, BEXP, and Whiting, because drilling depths are about 3,000 feet less. 

The article does include a nice graphic of Marathon's prospects in the Bakken but why it was placed with JayHawk story is beyond me. Unless I missed it, Marathon is not mentioned in the article. MRO does have a small advertisement on that page.