Four Producing Wells (DUCs) Reported As Completed; Seven New Permits; Six Permits Renewed; Active Rigs Up To 53 -- Almost Twice The Number One Year Ago -- June 12, 2017

Active rigs:

$46.15	6/12/2017	06/12/2016	06/12/2015	06/12/2014	06/12/2013
Active Rigs	53	28	76	185	187

Note: active rigs are almost twice what they were one year ago. In addition, 50 rigs "under Bakken 2.0" can easily produce what 200 rigs did "under Bakken 1.0."

Seven (7) new permits:

• Operators: Marathon Oil Company, Enerplus Resources
• Field: Reunion Bay (Mountrail), Spotted Horn (McKenzie)
• Comments: there appears to be an error on either Friday's daily activity report or today's daily activity report; the two Enerplus Resources permits (#33662, #33663) do not appear on either report, and by their numbers were granted before the MRO permits noted above; the MRO permits are for what appears to be a 5-well pad, straddling sections 1/2-150-93;

Six (6) permits renewed:

• Enerplus (3): one Copper permit; one Rocket permit; and, one Pluto permit, all in Dunn  County
• BR (2): one Glacier permit and one Glacierson permit, both in McKenzie County
• Slawson: a Serpent Federal permit in Mountrail County

Four (4) producing wells (DUCs) completed:

• 32094, 1,356, CLR, Kukla 7-16H, Chimney Butte, 4 sections, t5/17; cum --;(#17398 -- small production jump)
• 32093, 1,409, CLR, Candee 8-9H1, Chimney Butte, 4 sections, t5/17; cum --; (#29473 -- too far away? however, big production jump 9/16 -- API: 33-025-02665)
• 32635, 476, BR, Anderson Ranch 3A-MBH, Camel Butte, t5/17; cum --; (#16730 -- still off-line)
• 32628, 540, BR,Anderson Ranch 3B-TFH, Camel Butte, t5/17; cum --; (#16730 -- still off-line)