Mountainview Energy Ltd. is pleased to announce that it has entered into a binding letter of intent to acquire a 20% interest in approximately 67,000 acres (approximately 13,400 net acres) in the Medicine Lake Prospect located in Divide County, North Dakota and Richland, Roosevelt and Sheridan County, Montana.I thought I knew the other half of the party, but then realized that party did not have property in Divide County, or Montana, so I do not know who Mountainview partnered with.
The cost: issuance of up to 33,115,111 common shares of the Mountainview at $0.65CAD per share. The acquisition along with the acreage currently held by Mountainview in Divide County, North Dakota, and Richland, Roosevelt and Sheridan County, Montana, brings the corporation's combined acreage in the Williston Basin to approximately 25,400 net acres.
Most of the permits issued for Divide County, North Dakota, in 2010 have been executed. Most of the 2011 permits are yet to be drilled. From this list one might be able to start thinking about who the other party might be.
Permits issued in Divide County in 2011
| 20285 | Baytex | |||
| 20474 | Baytex | |||
| 20569 | Baytex | |||
| 20587 | Baytex | |||
| 20684 | Baytex | |||
| 20758 | Baytex | |||
| 20759 | Baytex | |||
| 20942 | Baytex | |||
| 21147 | Baytex | |||
| 20540 | CLR | |||
| 20576 | CLR | |||
| 20609 | CLR | |||
| 20610 | CLR | |||
| 20611 | CLR | |||
| 20612 | CLR | |||
| 20688 | CLR | |||
| 20768 | CLR | |||
| 20813 | CLR | |||
| 20814 | CLR | |||
| 20815 | CLR | |||
| 20816 | CLR | |||
| 20843 | CLR | |||
| 21149 | CLR | |||
| 21177 | CLR | |||
| 21179 | CLR | |||
| 20281 | Crescent | |||
| 20322 | Crescent Point | |||
| 20735 | Crescent Point | |||
| 20827 | Crescent Point | |||
| 21162 | Crescent Point | |||
| 21163 | Kaiser-Francis | |||
| 21164 | Kaiser-Francis | |||
| 9446 | Murex | |||
| 20401 | Murex | |||
| 20247 | Newfield | |||
| 20263 | Newfield | |||
| 20356 | Newfield | |||
| 20496 | Newfield | |||
| 20798 | Newfield | |||
| 20573 | North Plains | |||
| 21193 | NorthPlains | |||
| 20646 | Samson | |||
| 20756 | Samson | |||
| 20757 | Samson | |||
| 20251 | Samson Resources | |||
| 20340 | Samson Resources | |||
| 20341 | Samson Resources | |||
| 20385 | Samson Resources | |||
| 20792 | Samson Resources | |||
| 20801 | Samson Resources | |||
| 20802 | Samson Resources | |||
| 20837 | Samson Resources | |||
| 20869 | Samson Resources | |||
| 20870 | Samson Resources | |||
| 21107 | Samson Resources | |||
| 21108 | Samson Resources | |||
| 21136 | Samson Resources | |||
| 21137 | Samson Resources |
