Phoenix Operating With Two New Charlene Ferrari Permits -- June 4, 2025

Locator: 48683B.

Uneasy feeling: it's too quiet, geopolitically. And then that weak jobs report earlier today. And BRK-B continuing to fall. It just gives me an uneasy feeling.

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Back to the Bakken

Locator: 46853B.

WTI: $62.85

Active rigs: 32.

Two new permits, #41978 - #41979, inclusive:

• Operator: Phoenix Operating
• Field: Big Meadow (Williams)
• Comments: 
• Phoenix Operating has permits for two Charlene Ferrari wells, SWSE 9-158-96; 
• to be sited 460 FSL and 2222 / 2252 FEL.

Four permits renewed:

• Formentera Operations (4) four LIG2 permits, Lignite oil field; Burke County;