Williams County, ND: Bakken Shale Update

By Andrea: http://oilshalegas.com

Since early August 2010, Brigham Exploration Company (BEXP) has expanded its acreage position in the Williston Basin in the Bakken Shale by approximately 10,200 net acres to an estimated 368,400 net acres. In its core Rough Rider project area, Brigham has expanded its acreage position by approximately 7,600 net acres, including a large acreage position obtained as a result of a transaction entered into with Zavanna, LLC. Inclusive of the acreage acquisitions, Brigham now has total core acreage of approximately 205,600 net acres.

Williston Basin Drilling and Completion Update

In its Rough Rider project area, Brigham announced the completion of the Larsen 3-10 #1H and the Boots 13-24 #1H Bakken wells, which produced at early 24-hour peak flow back rates of approximately 3,090 (2,631 barrels of oil and 2.75 MMcf) and 1,946 (1,773 barrels of oil and 1.04 MMcf) barrels of oil equivalent, respectively. The Larsen and Boots are located in Williams County and were both completed with 31 fracture stimulation stages. Brigham's working interests in the Larsen and Boots are approximately 72% and 74%, respectively. Brigham has completed 26 long lateral high frac stage Bakken wells in Rough Rider with an average early 24-hour peak rate of approximately 2,421 barrels of oil equivalent.

Brigham's accelerated development of its core operated acreage in its Rough Rider and Ross project areas is proceeding with four operated rigs drilling in Rough Rider and one operated rig drilling in Ross. Another operated rig is expected to arrive in early October and additional rigs are expected to arrive in January and May 2011, respectively, at which time Brigham will be continuously drilling with eight operated rigs.

Brigham currently has two wells fracing and nine wells waiting on completion. In the first quarter 2011, Brigham expects to add additional fracture stimulation capacity. At that time, Brigham estimates that approximately eight wells per month will be fracture stimulated and brought on line to production.

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Brigham Exploration Co. - Bakken Shale Update

By Andrea: http://oilshalegas.com

Brigham Exploration Co. (BEXP) released an update on the Bakken shale yesterday located in North Dakota, on their Rough Rider and Ross projects:

Brigham's accelerated development of its core operated acreage in its Rough Rider and Ross project areas is proceeding with four operated rigs running in Rough Rider and one operated rig running in Ross. Brigham's sixth operated rig is expected to arrive mid-October and will drill locations in the Ross project area. Rigs seven and eight are expected to arrive in January and May 2011, respectively.

Brigham currently has one well fracing and 11 wells waiting on completion. Given additional access to a shared frac crew, Brigham's pace of completions is expected to accelerate this month. It is estimated that Brigham will fracture stimulate and bring on line to production approximately six wells per month beginning this month. In the first quarter 2011, additional fracture stimulation capacity is expected to be added. At that time, Brigham estimates that approximately eight wells per month will be fracture stimulated and brought on line to production.

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Williams County, North Dakota: Bakken Shale Update

By Andrea: http://oilshalegas.com

Brigham Exploration Co. (BEXP) announced yesterday that they completed 3 wells in the Bakken Shale area, located in Williams County, ND. The wells averaged a 24-hour peak flow back rate of 2,150 barrels of oil equivalent.

The Weisz 11-14 #1H, Abe Owan 21-16 #1H and the Sukut 28-33 #1H produced at early 24-hour peak flow back rates of 2,278 (2,003 barrels of oil and 1.65 MMcf), 2,213 (1,983 barrels of oil and 1.38 MMcf) and 1,959 (1,752 barrels of oil and 1.24 MMcf) barrels oil equivalent, respectively. The Weisz, Abe Owan and Sukut were completed with 37, 37 and 32 fracture stimulation stages, respectively. Brigham's working interests in the Weisz, Abe Owan and Sukut are approximately 52%, 57% and 42%, respectively. The Sukut was completed with U.S. Energy Corp. (NASDAQ: USEG) and Brigham will back in for a portion of USEG's working interest in the Sukut after payout of the well. Brigham has completed 24 long lateral high frac stage wells in Rough Rider with an average early 24-hour peak rate of approximately 2,413 barrels of oil equivalent.

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Brigham Exploration Adds Bakken Shale Acreage

By Andrea: http://oilshalegas.com

August 03, 2010: Brigham Exploration Co. (BEXP) announced today that it has expanded its acreage 17% in the Williston Basin - a rough 52,800 net acres. They also expanded a net estimate of 34,000 acres in and around its Rough Rider project area in Williams County, North Dakota, McKenzie County, North Dakota and Richland County, Montana. In addition, they announced the completion of the three key projects including its first Bakken Shale well in Roosevelt County, Montana.

Read the full story here: http://phx.corporate-ir.net/phoenix.zhtml?c=99916&p=irol-newsArticle&ID=1455994&highlight

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