Wow, This Is Huge -- Corrected KOG/Injection Story From Yesterday -- Bakken, North Dakota, USA

There was quite a bit of buzz yesterday evening and earlier today with regard to KOG requesting a permit for injection in yesterday's daily activity report for two or three wells that were still on the confidential list. I was quite shocked to see that, but I figured "it was what it was" and we would see how it played out. But it looked very serious.

Well, today, NDIC corrected the story. It turns out the wells were listed in the wrong place on the reporting form. KOG is not asking to inject these wells; rather, they should have been listed under the section of the form for "Permit Renewal."  Here is the corrected report:

CORRECTION TO DAILY ACTIVITY REPORT FOR AUGUST 12, 2011 WAS LISTED AS PERMITTED FOR INJECTION. CORRECT LISTING IS PERMIT RENEWAL:

• #19505 – KODIAK OIL & GAS ( USA ) INC., CHARGING EAGLE 15-14-11-3H., SWSE 14-147N-92W, DUNN CO.
• #19506 – KODIAK OIL & GAS ( USA ) INC., CHARGING EAGLE 15-14-24-16H., SWSE 14-147N-92W, DUNN CO.
• #19508 – KODIAK OIL & GAS ( USA ) INC., EAST GRIZZLY FEDERAL 3-25-13-3H., NENW 25-148N-104W, MCKENZIE CO.

Huge news and very, very good news for everyone in the Bakken.

I guess this was another example if something doesn't seem right, it may not be right. Glad to see this.