Thirteen (13) New Permits -- North Dakota -- May 8, 2015

Active rigs:

	5/8/2015	05/08/2014	05/08/2013	05/08/2012	05/08/2011
Active Rigs	84	191	185	209	177

Thirteen (13) new permits --

• Operators: XTO (7), BR (5), Ballard
• Fields: Heart Butte (Dunn), Sand Creek (McKenzie), Chatfield (Bottineau)
• Comments:

QEP abandons a producer:

• 17261, PA/535, QEP, Henderson 4-1H, Spotted Horn, 500,000 lbs (frack), t12/08; cum 61K 3/15; the goal to target the Three Forks was not achieved due to unstable shale in the upper 10' of the Three Forks and the absence of a Sanish section. They, instead, drilled the Middle Bakken. According to a report in the file, this well "has extremely high H2S conditions; this is a safety hazard. Due to this hazard, the well is only produced once a month."

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The AP is reporting:

Dakota Plains Holdings Inc. on Friday reported first-quarter net income of $183,000, after reporting a loss in the same period a year earlier.

The Wayzata, Minnesota-based company said it had profit of less than 1 cent on a per-share basis.

The oil pipeline company posted revenue of $9.4 million in the period.

The company's shares closed at $1.49. A year ago, they were trading at $2.10.