GEOI

For the archives. GEOI is no longer an operator in the Bakken.

• Acquired by Halcon, 2Q12; 
  
• SeekingAlpha, January 27, 2012: 46,000 acres; takeover candidate?
• Possibly sold some Bakken acreage: in July 6, 2011, operations update, GEOI reports 25,000 net acres in Williams County, North Dakota; and, 10,000 net acres in Montana = 35,000 net acres; compare with numbers below
• Through its wholly-owned subsidiary, G3 Operating, LLC
• 45,000 net acres (2011, SeekingAlpha)(46,000 according to Filloon, June, 2011)
• 51,205 net acres (2009 data)
• 32,500 net operated acres; 12,500 net non-operated acres: total -- 45,000 acres (2011 corporate)
• Mostly Bakken; some Madison
• Analyst's number: 44,000 net acres (December 31, 2010)
• Three rigs by early 2012; in July 6, 2011 (link above) reported recently adding a second dedicated drilling team