Knife River Reported Earnings After Hours; WTI Flirting With $83 Again; Thirteen New Permits; Four Permits Renewed; Three DUCs Reported As Completed -- August 8, 2023

Locator: 45390B.

EPD, CVX: recommended, Motley Fool. 

Knife River (spin-off from MDU), earnings released after hours:

• ticker: trading at $51.50; up $3.95; up 8.31%.

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Back to the Bakken

Active rigs: 36

WTI: $82.92.

Thirteen new permits, #40102 -  #40114, inclusive:

• Operators: Enerplus (7); CLR (6); 
• Fields: Lone Butte (Dunn County); Little Knife (Dunn); Rattlesnake Point (Dunn County)
• Comments:
• Enerplus has permits for seven (7) Devils Canyon wells SWSE 8-147-97; 
• to be sited between 953 FSL and 1059 FSL and between 1526 FEL and 1634 FEL; 
• CLR has permits for six Lundberg Federal wells , NENW 8-146-96, 
• to be sited 383 FNL and between 1789 FWL and 1949 FWL

Four permits were renewed:

• Grayson Mill (2): two Martin permits in Williams County, Rosebud oil field;
• Liberty Resources: one Blomquist E permit, Burke County, North Tioga oil field;
• Enerplus: one Christine Joe permit, Williams County, Climax oil field.

Three producing wells (DUCs) reported as completed:

• 39162, 2,179, CLR, Micahlucas 11-5H, 
• 39164, 1,620, CLR, Micahlucas 13-5HSL, 
• 39287, 1,117, CLR, Smouse 9-28H,