Bakken 2.0: Twenty-Six Permits Renewed; Petro-Hunt's EOX/VOG Permits -- Daily Activity Report Summary From Wednesday -- Delayed Posting -- February 23, 2017

Three new permits:

• Operator: Whiting
• Field: Truax (Williams)
• Comments: SESW 7-154-97; I assume the new wells will run north; 
• 19405, 919, Whiting, Kirby 9-7H, t11/11; cum 151K 12/16;
• 32732, drl/ros, Whiting, Keeling 31-13-2H, 
• anyone want to hazard a guess on whether #20518 had a bump in production in late 2015?

One well came off the confidential list:

• 30575, PNC, Hess, BB-Federal-LE-151-95-0817H-1PNC, 

Petro-Hunt has five wells approved for "tight hole" status.

Twenty-six permits renewed:

• Petro-Hunt (22): six Noonan permits; a Ty Weber permit; a Slugger permit; a Talon permit; a Joel Goodsen permit; two Arsenal Federal permits; three Mongoose permits; two Billy Ray Valentine permits; three Mortimer Duke permits, two D Annunzio permits; all in McKenzie County
• Petro-Hunt (2): two Clark Griswold Federal permits in McKenzie County (these permits were originally Emerald Oil permits);
• CLR (2): two Entzel permits in Dunn County

*******************************

The Short History Of Emerald Oil

From this site.

Emerald Oil (VOG acquires Emerald Oil, announced July 11, 2012)

• transfers about 130 wells to Petro-Hunt Dakota, LLC; daily activity report, January 27, 2017
• Files for bankruptcy; reached a deal with Latium Enterprises Inc. of England prior to filing; see below, for Latium Enterprises, Inc.
• 122,000 net acre position in the core of the Williston Basin -- presentation, 1Q15; 
• January, 2014: acquires 20,800 net acres in Williams, McKenzie; $3,650/acre; around 70,000 net acres total in the Bakken
• August, 2013: sees 2,850 boepd exit rate in December, 2013;
• June, 2013: a two-rig program
• EOX will sell Colorado acreage; focus on its 48,800 net acres in the Bakken, January 8, 2013
• EOX: effective September 4, 2012; acquired 4,500 net acres; $3,200/acre; McKenzie County; ~ 48,000 net acres in the Bakken?
• VOG to acquire Emerald Oil; will operate as Emerald Oil. July 11, 2012.
• For date regarding VOG/Emerald as of this date (July 11, 2012), scroll down to VOG.  
• On date of announcement, July 11, 2012: Williston  Bakken - 43,500 net acres; Niobrara - 45,000 net acres; Central Montana Heath -- 33,500 net acres
• First operated well to be in Dunn County, North Dakota
• Single-rig drilling program

VOG -- > Emerald Oil

• VOG to acquire Emerald Oil; will operate as Emerald Oil. July 11, 2012.
• 1Q12: acquired 899 net acres; avg price $2,048/acre; 32,823 net acres; 600 boepd; 
• About 32,000 net acres (Bakken: ND and MT with new acquisition of  4,000 net acres)  
• BEXP presentation says VOG has 27,000 net acres
• 27,000 net acres (Bakken: ND and MT)