Nine Point Energy With Three New Permits; Petro-Hunt Reports Two DUCs Completed -- Both Short Laterals -- Not Often Seen Any More -- October 24, 2018

Active rigs:

$66.43↓	10/24/2018	10/24/2017	10/24/2016	10/24/2015	10/24/2014
Active Rigs	68	53	35	68	194

Nine new permits:

• Operators: MRO (4); Nine Point Energy (3); Petro-Hunt (2)
• Fields: Four Bears (McKenzie); Ragged Butte (McKenzie); Little Knife (Billings)
• Comments: Little Knife is tracked here but has not been updated in a long time; I had forgotten how huge Little Knife is -- it stretches all the way form the reservation down to Billings County; amazing; Nine Point has permits for a 3-well Lee pad in 17-151-101; MRO has permits for a 4-well pad in 17-152-93; and, Petro-Hunt has permits for 2-well Zabolotny pad in lot 4, section 3-144-98;

Two producing wells completed:

• 32696, 886, Petro-Hunt, USA 153-95-18B-4H, Charlson, t10/18; cum --; one section; #23080, #23079, neighboring;
• 34073, 601, Petro-Hunt, USA 153-95-18C-3H, Charlson, t9/18; cum --; one section; #23079, neighboring;

Operator transfer:

• Hess transfers about 50 Madison wells to Scout Energy Management; these Madison wells are all int he Fryburg Heath-Madison Unit in Billings County