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Brigham Exploration

Statoil Acquires Brigham – Gains Bakken Acreage

by Kenneth E. DuBose on October 17, 2011

Statoil is acquiring Austin based Brigham Exploration in an all cash transaction worth $4.4 billion. The deal builds on Statoil’s current positions in the Marcellus and Eagle Ford shales, as well as giving the company its first operated position in the onshore U.S. The company paid a 36% premium to BEXP’s previous 30 day average […]

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Earthstone Energy Reports Bakken Shale Well Results

by Kenneth E. DuBose on June 29, 2011

McKenzie County, ND continues to bring on strong wells in the Bakken.  The area of prospective acreage for the Bakken Shale seems to expand with every well drilled. “EARTHSTONE ENERGY, INC. (NASDAQ: ESTE) announced today that drilling has reached total depth on two new horizontal Bakken wells and drilling on two additional wells is underway in […]

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Brigham Reports Strong Well Result

by Kenneth E. DuBose on June 27, 2011

Brigham Bakken Shale well performance continues to set high water marks in new areas of exploration. The company’s latest well is expanding production into Roosevelt County, MT. “Brigham Exploration Company (NASDAQ: BEXP) announced the successful completion of the Gobbs 17-8 #1H Montana Bakken well at an early 24-hour peak rate of approximately 1,818 barrels of […]

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