Thursday, October 28, 2010

Mountrail County, ND: Bakken shale Update

By Andrea: http://oilshalegas.com

Voyager Oil and Gas Inc. (VYOG.OB) recently released an update on the Bakken Shale located in Mountrail County, ND:

Voyager currently controls approximately 24,000 net acres in the Williston Basin, primarily in Williams, McKenzie and Mountrail Counties, North Dakota and Richland and Roosevelt Counties, Montana. Voyager has spud twelve gross Bakken wells, of which three are producing, four are drilling and five are completing. By the end of 2010, Voyager expects to spud 15 gross Bakken wells. In 2011, Voyager expects to spud approximately 35 gross and 5 net Bakken wells based on recent permitting activity on Voyager's leasehold interests. J.R. Reger, Voyager's CEO, commented, "The accelerated production and positive results across our Bakken/Three Forks position continue to remain within our original expectations. We believe that our 24,000 core acres are being developed by some of the best operators in the play and we are excited to be participating in this premier oil resource play. We continue to focus most of our efforts on leasing and acquisitions in the Bakken and Three Forks play. We are excited to be moving into the production ramp-up stage across our Bakken position. We expect substantial reserve and production additions over the coming months as the position is rapidly developed."

Voyager is currently participating in the following wells in Mountrail County, ND:


OPERATOR WELL NAME COUNTY STATUS WI BOEPD
Slawson Ripper #1-22H Mountrail Producing 1.11% 2,369
Brigham Ross-Alger 6-7 #1H Mountrail Producing 7.71% 3,070
Slawson Vixen #1-19-30H Mountrail Completing 2.28%
EOG Lostwood 13-25H Mountrail Drilling 0.52%
EOG Sidonia 38-3019H Mountrail Preparing 0.12%
EOG Sidonia 31-3019H Mountrail Preparing 0.12%



For more shale updates, visit: http://blackberrystocks.blogspot.com

For more stock updates, visit: http://daytradingstockblog.blogspot.com