As part of its earnings report released this morning, Minnesota-based Northern Oil & Gas updated its Williston Basin acreage and well information. As of March 1, 2011, the company controlled 147,407 net acres targeting the Bakken and Three Forks formations and owned working interests in 337 successful discoveries, consisting of 332 targeting the Bakken and Three Forks formations and five targeting Red River structures. Northern Oil currently is participating in 136 gross (13.32 net) Bakken or Three Forks wells drilling, awaiting completion or completing. Read more...
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