a comparison here to SSN's entry cost of $200/acre in the Montana project.
X-Change Corporation purchased 44,000 net mineral acres in the Bakken and Three Forks formation in the US portion of the Williston Basin of Montana which works out at $700/acre.
The total purchase price is $30,800,000.00. The leases can be taken in separate blocks of 1,000 or more acres at the discretion of Cress Oil until the entire block of 44,000 acres is taken down.
Also in the SE Wyoming Niobrara,
Anadarko Petroleum Corp. in Laramie County, Wyo. reported their #12-65-3-4H Marlin had an initial flow rate of 476 bbl. 986,000 cu. ft. of gas and 125 bbl. of water per day in Section 3-12n-65w.
SSN Price at posting:
11.5¢ Sentiment: None Disclosure: Not Held
