Slawson With Permits For Another 7-Well Wolverine Pad In Elm Tree; Five DUCs Completed -- March 1, 2018

Active rigs:

$61.25↑	3/1/2018	03/01/2017	03/01/2016	03/01/2015	03/01/2014
Active Rigs	59	41	35	119	192

Seven new permits:

• Operator: Slawson
• Field: Elm Tree (McKenzie)
• Comments: wow, operators are drilling the heck out of Elm Tree. Slawson has permits for another 7-well Wolverine pad in SWSE/SESE 31-153-93; looks like this will bring it to 18 wells in this drilling unit (there may be some overlapping units; see below)

One permit reinstated:

• 29690, Hess, SC-Bingman-154-98-0904H-6, Williams County

Five producing wells (DUCs) reported as completed:

• 22721, 852, Nine Point Energy, Erickson 155-102-26-25-4H, Squires, t2/18; cum --
• 22722, 964, Nine Point Energy, Erickson 155-102-26-25-3H, Squires, 2/18; cum --
• 28946, 1,104, Petro-Hunt, Kostelnak 145-97-32D-29-4H, Little Knife, t1/18; cum 8K over first 10 days;
• 31986, 400, Petro-Hunt, Kostelnak 145-97-32D-29-5H, Little Knife, t2/18; cum --
• 33596, 710, Petro-Hut, Hurinenko 144-98-11-2-1H, Little Knife, t2/18; cum --

Three permits renewed:

• Kaiser-Francis (2): a Solo permit and a Lady4 permit, both in Stark County
• EOG: a Hardscrabble permit in Williams County

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Slawson's Proposed 7-Well Wolverine Pad