Slide 3:
- McKenzie County, GMXR, 3 wells, average: 1,973 boepd
- GMXR Bakken/Three Forks average: 1,420 boepd
2,549, Lange 11-30-1H
1,953, Neil 24-19MBH
1,436, Taboo 1-25-36H
- Natural gas hedges at $2.60 (2012) and $3.50 (2013)
- Collars, spreads, etc., for oil: $100/$90
- Some of their oil revenue from current wells protected with $106.40 swaps
- signing contracts with ONEOK for natural gas gathering
- slide 6 shows how quickly this company is turning to the oil-rich Bakken
- presentation shows nice history of the Bakken
- nice graphic of Bakken Pool payzones, including four benches of the Three Forks formation
- continuity of Three Forks across GMXR's position
- 1,100, CLR, Charlotte 1-22, 2nd bench
- 2,549, GMXR, Lange 11-30-1H, middle Bakken
- 1,436, GMXR, Taboo 1-25-36H, middle Bakken
- DRL, GMXR, Pojorlie, well cored through Three Forks, 1st bench
- DRL, GMXR, Evonluk, middle Bakken
- 1,953, WLL, Kubas 11-13TFH, Three Forks, 1st bench
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