Fourteen (14) New Permits -- BEXP With Permits for 5 Wells on One Pad -- The Bakken, North Dakota, USA

Wow, the NDIC deserves a break tomorrow -- fourteen new permits today!

Operators:  BEXP (5), Marathon (4), OXY USA, Denbury Onshore, Legacy, KOG, Whiting

Fields: Siverston, Alger, Mondak, Zenith, Killdeer.

OXY USA has a permit for a wildcat; Legac, also.

A long time ago I suggested that, I think it was EOG, was putting six wells on one pad; I was taken to task; someone told me it was three wells on each of two pads right next to each other. Well, be that as it may, BEXP has permits for five wells on one pad in Alger oil field.

None of the wells released from the confidential list were all that exciting (only two of five were fracked; and these two had mediocre IPs).

Of the wells on DRL status that have now been completed, some wells of concern, and a couple of good ones:

• 19525, 45, Samson Resources, Yukon 12-1-163-98H, Divide
• 20274, 1,253, MRO, One Feather USA 11-17H, Deep Water Creek Bay, McLean
• 20287, 1,244, MRO, Johnson 44-32H, Reunion Bay, Mountrail

I know I sound like a broken record, but MRO is joining Newfield, Slawson, BEXP, WLL, Oasis, KOG as having consistently good wells.