Bakken pure-play PetroShale
acquired additional acreage in its
core South Berthold area for $2.0
million during Q1. The South Berthold
area straddles the Dunn-McKenzie
county line in North Dakota and is
one of two areas where PetroShale is
actively drilling and completing wells
along with the Antelope area to its
north. PetroShale’s South Berthold
type wells have EURs of 1.05 MMboe
and payout in 1 year for D&C costs of
$8.0 million. It has current production
of 6,200 boe/d and expects to exit
2019 at 11,000......
Provide your credentials to access this page
Member Area: Log in if you have a PLS web account or Sign up for internet access now.