Just to show it can be done at 1200 acre in Bakken
BILLINGS, Mont., April 20, 2011 (GLOBE NEWSWIRE) -- Voyager Oil & Gas, Inc. today provides an operational update regarding acreage and drilling activity in the Williston Basin Bakken and Three Forks and the D-J Basin Niobrara plays.
Williston Basin Bakken and Three Forks
In 2011 Voyager has acquired 3,133 net mineral acres at an average price of $1,239 per acre in the Williston Basin targeting the Bakken and Three Forks formations.
Voyager controls approximately 27,000 net acres targeting the Bakken and Three Forks as of April 19, 2011. Assuming six wells per 1,280-acre spacing unit, this acreage position will allow Voyager to participate in approximately 126 net wells.
SSN Price at posting:
16.5¢ Sentiment: LT Buy Disclosure: Held
