WTI Barely Holds Above $20; Enerplus Adds Two "Geo Features" Play Wells -- April 14, 2020

Active rigs:

$20.11	4/14/2020	04/14/2019	04/14/2018	04/14/2017	04/14/2016
Active Rigs	34	63	61	51	30

Three new permits, #37513 - #37515, inclusive --

• Operators: Enerplus (2); MRO
• Field: Antelope (McKenzie); Reunion Bay (Mountrail)
• Comments:
• MRO has a Pelarske USA permit for NENE section 8-151-93, Reunion Bay;
• Enerplus added two permits to its "Geo Features" play, in NENW section 16-152-94, 
• Oxbow .... TF ... 486 FNL 2384 FWL
• Plateau .. MB ... 485 FNL 2294 FWL (surface separation, slightly more than 22 feet)

One dry hole:

• 32464, dry, BR, CCU Burner 1-1-26TFH, Corral Creek; the hole was plugged after having problems with hole stability and running intermediate casing;

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Enerplus' "Geo Features" Play

The wells:

• 37513, loc, Enerplus, Oxbow 152-94-16BH-21H-TF, Antelope,
• 37514, loc, Enerplus, Plateau 152-94-16BH-21H, Antelope,
• 33461, 840, Enerplus, Mesa 152-94-16A-21H, Three Forks, 30 stages; 2.3 million lbs; Antelope-Sanish, t3/18; cum 190K 2/20; permitted for middle Bakken, but changed to Three Forks first bench, July 1, 2020
• 33460, 1,687, Enerplus, Mesa 152-94-16A-21H-TF1, 39 stages, 9.4 million lbs, Antelope-Sanish, t3/18; cum 303K 2/20;
• 33459, 1,192, Enerplus, Canyon 152-94-16A-21H-TF2, 39 stages, 9.5 million lbs; Antelope-Sanish, t3/18; cum 315K 2/20; permitted for Three Forks B2, but sundry form dated July 1, 2017, target change to middle Bakken "D."
• 33458, 1,115, Enerplus, Ravine 152-94-16A-21H, 39 stages; 8.2 million lbs; Antelope-Sanish, t11/17; cum 345K 2/20;