Friday, March 4, 2011

521 Encore Wells Transferred to Denbury -- Bakken, North Dakota, USA

If one wants to get an inkling of the magnitude of the deal in which Denbury bought Encore, check out the March 3, 2011, daily activity report.

521 Encore wells were officially transferred to Denbury --- 521 wells. It's a pretty impressive list. That's a lot of wells for just one transaction. That's a of wells for just one basin (the Williston Basin) and Encore was a relatively small company among those in the Bakken.

Due to the comment below (March 16, 2011), I will add this: more correctly, the wells have been transferred to Denbury Onshore, LLC.