oil & gas assets
Drilling Prospects & Ventures

DV 6355 ACTIVE DEAL

Drilling Prospects & Ventures
* All Standard Disclaimers Apply & Seller Rights Retained

Region Rockies, Dakotas & Four Corners
Area Montana
Posted13-Jul-18
Confirmed25-Feb-21

Contact

Crimson Resource Management Corp
Mr. Jamie Guthrie
Manager & Partner
909 Wall St
Norman OK 73069
Phone: +1-405-322-5391
jguthrie@crimsonem.com
 

ROOSEVELT CO, MT PROSPECT

6-Potential Wells. 400-Acres.
BAKKEN TREND
Potential Uphole Conventional Drilling.
Target Depth: 10,500 Ft.
31% OPERATED WI; 80% NRI
Est. Reserves: 600 MBOE/Well
Project Reserves: 3,000 MBOE
Completion Cost: $7,775,000
CONTACT SELLER FOR MORE INFO
DV 6355

Onshore Land Base
Conventional Play Type
CRIMSON ENERGY MANAGEMENT LLC - ROOSEVELT CO., MT PROSPECT

Deal Summary

Update, 25-Feb-2021. The package is still up for sale, based on field intelligence.

Crimson Energy Management LLC is looking to sell certain operated acreage in Montana.

Highlights:
-- Located in Roosevelt Co., MT;
-- Covers 400 net acres;
-- Holds 31% operated WI (80% NRI);
-- Targets Bakken formation;
-- Includes 5 to 7 additional infill wells in 1,280 acre unit with potential for 6 to 8 additional 1,280 acre units;
-- Also includes potential for six wells and uphole conventional drilling;
-- Project Reserves: 3 MMBOE;
-- Completion cost: $7.775 million.

For more info contact:
Mr. Jamie Guthrie
Phone: +1-405-322-5391
Email: jguthrie@crimsonem.com

*Disclaimer
Oil and gas exploration, production and investment are extremely speculative. This website and content herein may also contain forward-looking statements as that term is defined in applicable securities laws. Words such as “anticipate,” “believe,” “continue,” “expect,” “estimate,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “goal,” “objective” will typically identify such forward-looking statements. Although buyers, sellers and capital providers are making the forward-looking statements contained herein in good faith and on the basis of assumptions a Company believes are reasonable, actual results may differ materially from those predicted in such forward-looking statements. Following are a list of factors that could cause actual results to differ from those predicted: acquisition and investment risks; uncertainty of estimates of natural gas and oil reserves and production rates; inherent hazards and risks associated with the Company‘s assets; drilling risks; compliance with environmental and other governmental regulations; the competitive nature of the Company‘s industry; weather risks and other natural disasters. All users of the PLS website recognize that ALL STANDARD DISCLAIMERS APPLY and ANY AND ALL SELLER RIGHTS ARE RETAINED. As with all commercial websites, PLS is NOT responsible for any of the data found herein NOR for the business decisions of any individual using this website.