Tuesday, August 17, 2010

Roosevelt County, Montana: Bakken Shale Update

By Andrea: http://oilshalegas.com

Brigham Exploration Company (BEXP) announced three Bakken discoveries in Roosevelt County, Montana. Brigham operates on roughly 75,000 net acres in Roosevelt County. They currently have one well completed, the Rogney well which has proven to be a good learning experience that will pave the way for subsequent wells. Brigham fraced the initial nine stages in the lateral lower frac rates to ensure that they could gain valuable data from the initial test, despite the fact that it reduced the productivity of the well.

Brigham Exploration Company (BEXP) engages in the exploration, development and production of onshore natural oil and gas reserves in the United States. It currently trades at around $16.00/share on the NASDAQ.

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