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Black Ridge Talks Bakken/Three Forks Growth, Direction
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Black Ridge Oil & Gas, Inc. has detailed its corporate growth strategy in regard to growing its Bakken/Three Forks operations.
Highlights: Development details for the recently acquired Corral Creek assets; 18 gross (1.5 net) well Stockyard Field development plan; Vast non-operated consolidation opportunities (+1 million acres) in the Williston Basin; Emphasis on return-based asset management; Operator reported effects of new completion designs on EURs and well performance; 10% year over year improvement in AFE'd well costs (from $9.7 million in 2012 to $8.8 million in 2013).Ken DeCubellis, Black Ridge's Chief Executive Officer, said: "As a result of our transformational transactions and strong operational performance in 2013, Black Ridge is looking to emphasize our future growth…
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