Equinor
Brigham (BEXP) --> Statoil (STO) --> Equinor (EQNR) —> Grayson Mill
- Marcellus: 247,000 net acres
- Eagle Ford: 69,000 net acres
- Bakken: 235,000 net acres
- March, 2018: will change name from Statoil to Equinor
- November, 2012: NOG says 375,800 acres
- December 9, 2011: noted that ticker symbol BEXP no longer existed
- December 8, 2011: Statoil's offer to buy tendered BEXP shares has closed this date
- October 17, 2011: sale to Statoil announced; effective, 2012
- August 9, 2011, corporate presentation: 375,800 net acres;
- June 7, 2011, corporate presentation: 378,100 net acres; 6,900 additional acres
- 1Q11 conference call: 371,200 net acres; 6,900 additional acres since last update
- Last update: net present value (NPV)/well ~ $9.5 million
- 2Q12: rigs, 10 ---> 16 since acquiring BEXP
- Accelerating to 12 rigs by March, 2012; two dedicated frac teams now
- (Eastern Montana: Rough Rider and Sedlacek)
- Rough Rider, 155,100 net acres: Williston area, both north and south of the river; Williams and McKenzie
- Sedlacek, 9,900 net acres: eastern Montana
- Parshall/Ross: Mountrail County; most prolific area to date in ND
Bakken; 35,900 net acres in the Bakken; 35,000 net acres in the Three
Forks (same surface, no doubt)
- Parshall/Austin/Sanish: 5,300 net acres in the Bakken; 2,700 net acres in TF (same surface, no doubt)
- Mercer (North Dakota): 30,000 net acres Bakken; 30,000 net acres TF (same surface, no doubt)
- Other extensional areas: 24,700 net acres
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.