Operational Update
North Dakota
In the fourth quarter of 2010, Renegade, along with its partners, drilled a wildcat vertical test well to the Bakken Formation in Renville County North Dakota. The vertical stratigraphic test was then kicked off horizontally and drilled into the Bakken Formation. The subsequent fracture completion was performed in May, 2011. This well is currently being equipped to begin production testing in early July, 2011 to be followed by a 30-60 day production test. Renegade and its partners plan to drill a second Bakken horizontal test well in the area later this year. Should these wells prove to be capable of producing oil in commercial quantities, Renegade and its partners plan to further delineate the potential new light oil resource fairway throughout 2012. Renegade and its partners currently hold 46,568 gross (23,284 net) undeveloped acres across this prospective Bakken fairway.
Yhtiön netto-eekkerit Pohjois-Dakotassa ovat kasvaneet sitten toukokuun reilulla neljänneksellä 18,084 eekkeristä 23,234 eekkeriin. Merkitseekö tämä jotain?
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