Random Snapshot of Data Points for MRO in The Bakken -- Look at BOEPD Increase Year-Over-Year

Random note, a snapshot -- see link for most of the companies operating in the Bakken.


MRO (Marathon Oil)

• Early 2012: 406,000 acres in the Bakken
• 2011: 391,000 acres in the Bakken
• 375,000 acres in the Bakken (SeekingAlpha, June 27, 2011) 
• Operating 6 rigs; up to 7 rigs in 2Q12
• Odysseus: north, Divide County (no longer shows up on presentation)
• Cassandra: east of Williston (no longer shows up on presentation)
• Cazador: just north of the reservation in the Nesson anticline
• Myrmidon: northwest corner of the reservation
• Marfa: MRO's largest area; southwest of the reservation; borders the reservation, Dunn County -- Marfa DOES NOT show up on most recent presentation
• Hector: eastern area of Marfa, just outside of the reservation, Dunn County
• Ajax: continuation of Marfa, southwest of Marfa, Dunn County
• Blacktail: very, very small area west of Ajax (no longer shows up in presentation)
• Paris: west of Marfa, in Williams County, about same size as Ajax
• Diomedes: northwest Williams and eastern Montana (Sheridan County) (new)
• Menelaus: very small prospect in west central McKenzie (new)
• Aeneas: northwest corner of McLean, east of river (new)
• Helen: very small, scattered acres north of Hector (Helen)
• Elk Creek: very small, scattered acres west of Helen (new)
• Analyst's number: 365,000 net acres (December 31, 2010) 
• 2011 average boepd: 24,000
• 2010 average boepd: 10,000