ENERGY ADVISORS RESEARCH

BAKKEN & THREE FORKS STUDY

46 Pages

BAKKEN AND THREE FORKS PLAY

M&A, E&P, Capital Markets, Operations

Stacked Middle Bakken & 1st Three Forks

~35 Horizontal Rigs Running

464 Permits Issued Last 6 Months

399 DUCs Pending

>1,300,000 bopd & >3.4 Bcfpd Sept '23

>18,300 Hz Wells Online Since 2010

Ripe for Consolidation, Grayson Mill Next?

Chevron Enters as #3 Via Hess Buy

Top Wells Recently Score >2,400 boepd IP30

Middle Bakken 6-mos: 78 boepd/1K lateral

1st Three Forks 6-mos: 71 boepd/1K lateral

DOWNLOAD 46 PAGE REPORT

STUDY 8001MA