Activity in Richland County, Montana

PETRA0723113459.pdf (199.4 KB)

See the attached map. YOur minerals ar shown in yellow. There have been wells drilled all around you, most of them by Whiting and Kraken 6-7 years ago. I don’t know why you were passed over back then. Surely you were leased back then? Are you leased now?

Unfortunately, the wells around will not recover enough oil to be economic to drill at current oil prices.

Kraken is about the only company that continues to drill wells in this area. They have 8 wells permitted about three miles to the north of you, but I don’t know when or if they intend to drill them.