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Tuesday, March 27, 2012

Ante5 Oil & Gas -- Acquires Bakken Acreage -- To Change Name

Link to PennEnergy here.
  • Acquired 8,655 Williston Basin acres at average price of $2,850/acre
  • Now controls about 20,000 net acres targeting the Bakken/Three Forks
  • Likely to change name to Black Ridge Oil & Gas

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