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Friday 03rd of September 2010

31/7/2008

Brigham provides updates on Bakken well

Brigham provides updates on Bakken well

Brigham Exploration Company, an independent exploration, development and production company, has completed the high rate of its Carkuff 22 #1H Bakken well in its Ross Area at an early flowing rate of 1,110 barrels of oil per day.

The company’s Williston Basin oil production has grown to an estimated current net rate of approximately 1,500 barrels of oil per day.

The completion operations are underway on its Kvamme 2 #1H and Payara #1-21H in the Parshall/Austin Area, that it’s preparing to commence its first Three Forks test, and that it has apparently drilled its third consecutive successful well in its Southern Louisiana joint venture.

Brigham has drilled continuously with one rig in the accelerating Williston Basin Bakken play.

The company’s net production in the Williston Basin has grown from an approximate average of 100 barrels of oil per day in December 2007 to roughly 500 net barrels of oil per day in June 2008.

 

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