SnowyForest - all in the latest Preso. A great update (minus the typos - oppies are currently trading at A$0.012...lol...what a bargin...i'll take all of them).
The ghost well Diamondback - seems to have gone missing yet again.
FORWARD STRATEGY
Four core oil projects
?Niobrara Shale, Wyoming
- Farmed in Halliburton
- 3D shot
- Drill 2 appraisal wells (fully carried) to confirm the concept
- Defender spuds July 19th
- Tw CHK wells in September/October
- Continue leasing within acreage block
- Develop the resource
Permian/Pennslyvanian conventional oil
- Sprit of America spuds early August
Bakken Shale, North Dakota, North Stockyard Field
- Complete development of existing acreage
- Two wells recently fracced
- 1 additional 5,000ft well to frac to complete 640 acre spacing
- 3 additional 10,000ft wells to complete 320 acre spacing
Bakken Shale, Montana, Roosevelt Project
- Large acreage position 20,000 ac4res
- Option on a further 20,000 cares
state wells, page-12
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