Happy Easter everyone,Some further info on tradesido's post re...

Happy Easter everyone,

Some further info on tradesido's post re Brigham,

AUSTIN, TX--(Marketwire - 04/01/10) - Brigham Exploration Company (NASDAQ:BEXP - News) announced the completion of the Sorenson 29-32 #1H and Jack Erickson 6-31 #1H at early 24 hour peak flow back rates of 3,511 and 2,652 barrels of oil equivalent per day, respectively. To date, Brigham has completed 18 long lateral high frac stage wells at an average early 24 hour peak flow back rate of 2,491 barrels of equivalent per day. Brigham also provided an operational update.

Brigham announced the completion of its operated Sorenson Bakken well at an early 24 hour peak flow back rate of 3,511 (2,944 Bopd and 3.40 MMcf/d) barrels of oil equivalent per day. The Sorenson is located in Brigham's Ross project area in Mountrail County, North Dakota and represents a company peak flow back rate record for a Ross project area well. Brigham maintains an approximate 95% working interest in the Sorenson, which was completed with 27 frac stages. Brigham has completed five long lateral high frac stage wells in Ross with an average early 24 hour peak flow back rate of approximately 2,656 barrels of oil equivalent per day.

Brigham also announced the completion of its operated Jack Erickson Bakken well in its Rough Rider project area in Williams County, North Dakota at an early 24 hour peak flow back rate of 2,652 (2,323 Bopd and 1.98 MMcf/d) barrels of oil equivalent per day. Brigham maintains a 21% working interest in the Jack Erickson, which was completed with 30 frac stages. Brigham has completed 13 consecutive long lateral high frac stage Bakken wells in Rough Rider with an average early 24 hour peak flow back rate of approximately 2,428 barrels of oil equivalent per day. Also participating in the Jack Erickson with a 21% working interest was U.S. Energy Corp. (NASDAQ:USEG - News). Brigham will back in for 35% of U.S. Energy's working interest in the Jack Erickson upon achieving group payout on wells seven through ten under the drilling participation agreement.

source: http://finance.yahoo.com/news/Brigham-Exploration-Announces-iw-939434948.html?x=0&.v=1&.pf=taxes&mod=pf-taxes

Interesting points to note from this release;
1) "To date, Brigham has completed 18 long lateral high frac stage wells at an average early 24 hour peak flow back rate of 2,491 barrels of equivalent per day" that is a pretty healthy AVERAGE!

2) "Sorenson, which was completed with 27 frac stages"

3) "Jack Erickson, which was completed with 30 frac stages"

both these fracs were about twice what we are fraccing - does this mean we should aim for around half these numbers? or will it be somewhere in the vicinity due to a closer frac spacing than the 200m (if I remember right) we are using? either way I think the quoted 300-500bopd could be conservative!

The last point I want to raise today is the location of these wells in relation to Gene - Sorenson is about 44miles due east of Gene and Jack Erickson is about 20 miles due west of Gene. We are right in the middle of these wells and from all reports to date the Bakken is CONTINUOUS! The location of these wells and any other in Nth Dakota can be found here: https://www.dmr.nd.gov/oilgas/

I HIGHLY encourage users to go to this site and on the left of screen is a list of sub-site - go to the GIS MAP SERVER and from there do a search on rig locations. All sorts of useful FACTS come up in relation to any oil/gas well drilled in Nth Dakota!

Have a great weekend and I hope you all OD on chocolate!

Maxi