Magellan, Montana, and Multiple Potential Payzones -- The Bakken, Williston Basin, Montana, USA

I don't follow Montana oil activity, so I know nothing about this story except what is reported:

Magellan Petroleum Corporation reported several positive developments from its operations in the East Poplar Unit in the Williston Basin, Montana.

The Company, through the efforts of its contract partner, VAALCO Energy Inc. has successfully completed a vertical well (the EPU #120 well) in the deeper formations of the East Poplar Unit.

Data collected in the Bakken, Three Forks, Nisku, Red River, and Winnipeg formations suggests each of these formations may be prospective for commercial production.

VAALCO has also announced its intention to drill the second commitment well in the deeper formations of Poplar as a horizontal Bakken well in 2012.

Five potential payzones. Just saying.