Data points:
- Un-developed leases in Divide County
- Six sections totaling 3,840 gross acress, Bakken and Three Forks develpment
- 387 net acres
- Leases are contiguous in nature
- Close proximity to Three Forks play where SM Energy and Baytex drilling in the Ambrose field to the east
Actually, I have trouble believing it made the news.
Looks like an nog wanna be
ReplyDeleteIt will be awhile.
ReplyDeleteNOG's market cap is $1.7 billion.
400 net acres up in Divide County probably cost not more than half a million dollars.
By the way, I can't believe how fast NOG got to $1.7 billion. I think NOG has all of five or six employees.