Five New Permits; Four DUCs Reported As Completed; Huge Number Of Wells Acquired By Silver Hill From Liberty Resources -- August 21, 2024

Locator: 48475B.

WTI: $71.99.

Active rigs: 36.

Five new permits, #41047 - #41051,inclusive:

• Operators: Hunt Oil (2); Hess, BR, Grayson Mill
• Fields: Sioux Trail (Divide County); Beaver Lodge (Williams); Elidah (McKenzie); and, Todd (Williams)
• Comments:
• Hunt Oil has permits for two Sioux Trails wells, SWSE 36-160-101, 
• to be sited at 294 FSL and 2341 FEL; and, 294 FSL and 2311 FEL
• Hess has a permit for a BL-Kvam well, SESE 8-156-95, 
• to be sited 1056 FSL and 712 FEL;
• BR has a permit for a Phantom Backbone well SWSE 22-152-97, 
• to be sided 804 FSL and 2247 FEL;
• Grayson Mill has a permit for a Wagenman well, SESE 32-155-101, 
• to be sited 399 FSL and 1256 FEL.

Four producing wells (DUCs) reported as completed:

• 38142, 105, BR, Ole 8-1-29MBH,
• 38144, 0, BR, Ole 9-1-29MBH,
• 38145, 134, BR, Ole 8-1-28TFH-ULW,
• 40289, 3,305, MRO, Madsen 41-13H,

A large number of wells transferred from Liberty Resources Management to Silver Hill Energy Operating. Silver Hill Energy closes on acquisition of Liberty Resources assets in North Dakota.