Ten (10) New Permits -- The Bakken, North Dakota, USA

Daily activity report, December 12, 2011 --

Operators: Cornerstone (2), Burlington Resources, Hess, Zavanna, Oasis, CLR, Fidelity, GMX Resources, Ballard

Fields: Woburn, Murphy Creek, Stockyard Creek, Cottonwood, St Demetrius, New Hradec, Customs, Blue Buttes

GMX Resources has a wildcat in Billings; Ballard has a wildcat in Renville

Whiting abandoned a fairly recent well (spudded in 2006); a Red River well
16273, IA, Whiting, Foss 12-11, Red River, Williams County

Nine wells were released from confidential status; reported elsewhere; only two (2) reported an IP. Fracking backlog still a significant problem.

However, this is huge: 18 wells on DRL status reported an IP today, including these very good wells:

• 19351, 1,529, Hess, EN-Vachal-155-93-0532H-1, Mountrail, Bakken,
• 19905, 1,341, Hess, EN-Cvancara A-155-93-3231H, Mountrail, Bakken,
• 19987, 1,521, Hess, EN-Ruland A-155-94-1201H-2, Mountrail, Bakken
• 20487, 606, QEP, MHA 1-04-03H-149-91, Dunn, Bakken,
• 20488, 1,571, QEP, MHA 3-04-03H-149-91, Dunn, Bakken
• 20489, 933, QEP, MHA 3-32-29H-150-91, Dunn, Bakken,
• 20490, 2,609, QEP, MHA 1-32-29H-150-91, Dunn, Bakken