Brigham Exploration Company (BEXP) held a conference call on February 25, 2010, to discuss its fourth quarter of 2009 earnings release, and updated its operations in the Bakken Shale. The company is drilling its first long lateral horizontal well on its acreage in Montana.
“Looking forward to drilling our first high frac stage long lateral Bakken well in our Eastern Montana acreage block in mid March, as shown on slide 26. Our plans are to core this well in both the Bakken and upper Three Forks and hence be very thoughtful in our analysis. As a result, we may not complete the well immediately.”
“The upper and lower Bakken Shales are highly resistive, indicating thermal maturity and also that the middle Bakken is approximately 35 feet thick with a well developed Porosity member similar to Rough Rider.”
Source: Seeking Alpha