Tuesday, October 26, 2010

Williams 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 Williams 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 Williams County, ND:


Brigham Larsen 3-10 #1H Williams Producing 0.10% 3,090
Oasis Andre 5501 13-4H Williams Completing 11.06%
Oasis Ellis 5602 42-8H Williams Completing 0.22%
Oasis Somerset 5602 12-17H Williams Completing 3.59%
Brigham Knoshaug 14-11 #1-H Williams Completing 0.52%
Oasis Horne 5603 44-9H Williams Drilling 0.37%
Brigham Kalil Farm 14-23 #1H Williams Drilling 1.50%

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

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