Project Springboard (SCOOP Related)

Thank you M Barnes, I can now see the posts.

Thanks I saw the report for Triple H in Section 30 & 31. Newfield has permit to drill 3 wells north thru Sections 19 & 18 from Section 30.

I believe the Triple H wells are in Section 30 & 31-7N-5W.

Robert, Do you know if any drilling is taking place in Section 23 or Section 14 of 7N-6W? Thank you.

Yes, you can follow the Section 14 wells from Section 23. They are the Lowers 3-14-11-2XHS, 4, 5. Test

Looks like the wells for 23 spud from 26. Cash 4-26-23XHS just spud in November. Also Cash 3-26-23XHS.

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Thank you very much Mrs. Barnes. My family only has a few acres of minerals in Section 14-7N-6W but was told the surface locations would be in Section 23-7N-6W. Hope the Lowers 3 & 4 are successful. Thank you again.

I own in Section 16-6N-5W. What do you think fair offers for me would be?

Kyle:

All depends on the royalty percentage that your minerals are subject to.

It was leased at 3/16ths in 2009.

Grady: Continental Resources Inc.; Birt No. 3-13-12XHS Well; NE1/4 NW1/4 NW1/4 NE1/4 (BHL) of 12-07N-06W; 12 barrels oil per day; TD 22,249.

Continental Resources Inc.; Birt No. 4-13-12XHS Well; NW1/4 NE1/4 NE1/4 NE1/4 (BHL) of 12-07N-06W; 24 barrels oil per day, 110,000 cu-ft gas per day; TD 22,333.

2 springer wells in 13 & 12 7 6 hit only 12 bpd.

You can not spend $10 million on a well to hit 12 bpd, in the middle of springboard.

Anybody know what happened.

CLR is keeping the activities in Springboard very close to the vest. Not releasing production, severely downplaying completions reports. Keep in mind the operator can choose any moment in time to “report” the well IP. I THINK they purposely pick a very small flow rate to downplay those wells. They are trying to buy minerals throughout Springboard under units they are drilling or plan to drill. Back in the day they ALWAYS chose a high IP (initial Production) now they hide what the wells are doing.

Best example is the Pyle well, they highlighted it in their May presentation as their BEST Woodford OIL well, but not a word since, no production, no completion report. I could be wrong but I bet I am not :0)

I track the production for all wells for the first couple of years of production in this area. I have seen nothing but ever improving wells. Most 7,500’-10,000’ lateral Springer wells are on track to make 400,000 BO in the first two years. Most Woodford 10,000’ lateral wells are on track to make 300,000 BO in their first two years.

Thanks Jake.

That’ll work!

Jake: Here are the first few months of the Pyle well:

|2018 |March |Oil |37211.54 |CONTINENTAL RESOURCES |2018 |March |N. Gas |61180 |CONTINENTAL RESOURCES INC |2018 |February |Oil |21123.58 |CONTINENTAL RESOURCES INC |2018 |February |N. Gas |35581 |CONTINENTAL RESOURCES INC

Thank you Todd! Very kind of you to share.

Grady: Continental Resources Inc.; Birt No. 3-13-12XHS Well; NE1/4 NW1/4 NW1/4 NE1/4 (BHL) of 12-07N-06W; 12 barrels oil per day; TD 22,249.

Continental Resources Inc.; Birt No. 4-13-12XHS Well; NW1/4 NE1/4 NE1/4 NE1/4 (BHL) of 12-07N-06W; 24 barrels oil per day, 110,000 cu-ft gas per day; TD 22,333.

2 Springer wells in 13 & 12 7 6 hit only 12 bpd.

You cannot spend $10 million on a well to hit 12 bpd, in the middle of Springer.

Anybody know what happened?

Would love to hear what M Barnes’ opinion is on this.

I’ve never seen wells in Springer with this poor production.

What do you think, M?

First glance doesn’t look so hot, but wait until the wells clean up. Choke is very small. They may have changed their completion technique.

Thanks M!

It’s hard to believe that the Springer would be that poor.

I am still struggling to see any post under this heading “Project Springboard (SCOOP Related)”?

Joe3:

Scroll up. 318 posts about the Springboard project.

Rick_S… I guess you saw the Final Order for 5 additional Springer Formation wells? As I look at the Exhibits it appears there is nothing to get very excited about as far as Section 20 goes. New December applications for what looks like 2 Springer wells covering all of Section 20. Hopefully more later.

Don, received paperwork Friday about 2 additional Springer wells for Section 20. What is different is they appear to be drilling from North to South, starting in Section 17. One well is 96% Section 20, 4% Section 17 and one is 95% Section 20, 5% Section 17. If this happens we will be truly blessed. Don, thanks so much for the heads up.