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Gold/Mining/Energy : Big Dog's Boom Boom Room
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16bit
To: Ed Ajootian who wrote (183229)3/28/2014 12:53:45 PM
From: upanddown1 Recommendation  Read Replies (1) of 206167
 
Ed, one thing I really like about AMZG Is that many of their new wells are targeting the Three Forks formation, which is under the Bakken. AMZG is getting some great results even with short laterals.

From the press release....
The Lynda 15-32 well is a Three Forks well that is on the western edge of our Spyglass area. The Lynda 15-32 produced an average of 353 BOEPD during the first 30 days of production. The well is a short lateral in a correctional spacing unit of approximately 800 net acres near the Canadian border.

The Tangedal 13-31 well is a Three Forks well located one DSU west of the Lynda 15-32 well. In the March 4, 2014 operations update, the Tangedal 13-31 produced an average of 391 BOEPD during the eight days of flowback following the hydraulic stimulation. The well has just been put on pump following the cleanout of the lateral section. The well is a short lateral due to the location in another 800 acre spacing unit adjacent to the Canadian border.

It has been well established that the Bakken sweet spot is McKenzie, Mountrail, Dunn, and marginally Williams counties and not Divide county. My question is whether there has been enough drilling in the Three Forks to really pinpoint the sweet spot for that formation. Maybe it is further north towards the border where AMZG has their acreage.

It has not been widely publicized but this USGS report from last year said there is more recoverable oil in the Three Forks than the Bakken.

usgs.gov

John




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