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CP Exploration Offers All ND Bakken/Three Forks Interests - Monday, January 24, 2011

CP Exploration has retained BMO Capital Markets to sell all of its interests in the Bakken and Three Forks trend areas in North Dakota.

The package includes 23,232 gross acres (15,550 net) of federal leasehold in major trend areas including the Rough Rider area and the Nesson, Little Knife and Billings anticlines.  The properties include an average 10% working interest (up to 26%; 87.5% net revenue interest) in 19 producing wells, eight wells in various drilling and completion stages and five additional locations with current authority for expenditure.

For more information visit: HTTP://www.oilandgasinvestor.com/article/CP-Exploration-Offers-ND-Bakken-Three-Forks-Interests_76162

 

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