Seventeen New Permits In North Dakota; WTI In Trading Range; Falls Short Of Hitting $60 -- June 28, 2019

Active rigs:

$59.52	6/28/2019	06/28/2018	06/28/2017	06/28/2016	06/28/2015
Active Rigs	61	66	58	30	75

Seventeen new permits:

• Operators: Bruin (6); MRO (5); Kraken (3); Newfield (3)
  Fields: Reunion Bay (Mountrail); South Tobacco Garden (McKenzie); Burg (Williams); Four Bears (McKenzie)
• Comments:
• Bruin has permits for a 6-well Fort Berthold pad in lot 8 / section1-152-93; Four Bears oil field;
• MRO has permits for a 3-well pad in section 28-151-93; and permits for a 2-well pad in section 8-151-93, Reunion Bay
• Kraken Operating has permits for a red/white/blue, 3-well pad in Burg oil field
• Newfield has permits for a 3-well Sturgeon pad in section 18-150-99; South Tobacco Garden

Change of operator:

• from Thunderbird Resources to Prima Exploration
• twelve permits
• McKenzie, Stark, Billing counties
• oldest permit: 21002
• most recent permit: 25123
• see Thunderbird Resources here; at that link, scroll down to GMX Resources