Friday, August 6, 2010

Three Forks Bakken Shale Continental Resources Inc (CLR)

Continental Resources Inc. (CLR) recently came out with a bakken shale update in the three forks / sanish oil field. As you can see below, these flow rates are really good, especially in North Dakota.

Notable Company-operated wells that targeted the Three Forks zone, with initial test results, included:


Meldahl 1-23H (35% WI) in McKenzie County. - 2,489 Boe;
Ole 1-29H (36% WI) in McKenzie County. - 1,864 Boe;
Bang 2-33H (45% WI) in Dunn County. - 1,860 Boe;
Roger 1-18H (22% WI) in Dunn County. - 1,486 Boe;
Stortroen 1-13H (49% WI) in McKenzie County. - 1,461 Boe;
Lundberg 1-8H (39% WI) in Dunn County. - 1,238 Boe;
Strid 1-26H (35% WI) in Williams County. - 1,092 Boe.

Notable Company-operated wells that targeted the Middle Bakken zone, with initial test results, included:


Franklin 1-20H (34% WI) in Divide County. - 1,288 Boe;
Bohmbach 2-35H (68% WI) in McKenzie County. - 1,271 Boe;
Brockmeier 1-1H (59% WI) in McKenzie County. - 1,217 Boe;
Anseth 1-29H (69% WI) in Williams County. - 1,088 Boe.

http://phx.corporate-ir.net/phoenix.zhtml?c=197380&p=irol-newsArticle&ID=1456530&highlight

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