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Friday, May 6, 2011

Reminder: BEXP To Add One Rig/Month Starting This Month --> 12 Rigs -- Bakken, North Dakota, USA

BEXP will start adding one rig/month starting this month until it reaches 12 rigs in the Bakken.

BEXP will take delivery of its 8th rig this month, and then increase to its steady state of 12 rigs.

Folks have been predicting 200 active rigs in the Bakken, and this will take us from about 180 now to 192. Add in CHK and a few others, and 200 should not be out of the question.

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