Eleven (11) New Permits -- The Bakken, North Dakota, USA

Daily activity report, February 17, 2012 --

Operators: MRO (4), BEXP (2), G3 Operating, OXY USA, Petro-Hunt, Whiting, Zavanna

Fields: Murphy Creek, Bailey, Lake Ilo, Last Chance, Reunion Bay, Dublin, Timber Creek, Foreman Butte.

G3 Operating has a wildcat in Williams.

Interesting to see another permit for Dublin oil field; a small field with lots of activity.

Two wells on DRL status reported IPs, including this nice one:

• 20454, 1,593, MRO, Goodbird USA 34-7H, McLean, in Deep Water Creek Bay, south of the Parshall oil field. Parshall oil field and Deep Water Creek Bay oil fields are right on the west-east line -- it appears that these two fields have an imaginary line running north-south cutting the fields in half; west of the line, nice wells; east of the line, not so good, or non-existent.

Another nice MRO well in this area:

• 20274, 1,253, MRO, One Feather USA 11-17H, Deep Water Creek Bay; s3/11; t11/11; F; cum 36K 12/11
• 19957, 1,379, MRO, Torgerson USA 14-8H, Deep Water Creek Bay; s1/11; t10/11; F; cum 28K 12/11