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Tuesday, March 27, 2012

Flashback: The KOG/BTA Deal -- Looks Like KOG Has A Great BTA Well

Link here first to flash back to the KOG/BTA deal.

This looks like a BTA well that's going to be a great KOG well. This well has not reported an IP yet; it is on DRL status. I assume we will see an IP any day now. But note, this well started producing in October, 2011 (21 days) and has already produced 62,000 bbls of oil after only 3.5 months (most recent data 1/12). The well is in the Epping oil field northeast of Williston.
The KOG/BTA deal looks better and better for KOG.

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