CLR Corporate Update: 3Q15 Highlights; 4Q15 And 4Q16 Outlook

Link here (I assume this link will be broken in the next six months or so).

North Dakota/Montana

• Bakken: 1,074,000 net acres; first stage of full-field development underway

Oklahoma

• SCOOP, Woodford: 445,000 net acres; expanding and de-risking
• SCOOP, Springer: 210,000 net acres; "Best Discovery Award for 2014" -- Oil and Gas Investor Magazine
• NW CANA JDA: 31,400 net acres, generating value from previously idle asset
• STACK: 146,300 net acres; new resource play establihsed 2Q15 (includes 31,400 net acres rep CLR's Woodford Rights in NW CANA JDA)

Bakken: focusing on the core

• average EUR up 45% from 2014
• 2015 target: 800K boe/well
• 2014 well: 550K boe/well
• finding/development costs cut by 50%
• entering full-field development: 60% of wells to be drilled 660' to 880' inter-well spacing
• 8 operated drilling rigs through year-end

Bakken drilling efficiencies

• spud-to-TD: 15 days
• lateral drilling: 5.0 days
• company records:
• a 2-mile lateral drilled in 2 days
• a 3-mile lateral drilled in 6.4 days 

Bothersome slide

• cost savings counting on Sandpiper, 225K bopd; not a sure thing
• Energy Transfer DAPL, 570K bopd; 4Q16; not a sure thing