Project Profile
Value: Undisclosed
Location: Daniels County, North Eastern Montana
Start-up Year: -
The Saturn prospect, eastern Montana bakken property, is located along the western margin of the Williston basin in Daniels County, Montana, the US. Primary Petroleum holds approximately 20,000 contiguous net acres in Saturn prospect. The area is known for producing light oil from the Ratcliff, Madison, Mission Canyon and McGowan formations, with potential for producing from the unconventional oil-prone Bakken shale, and the underlying Three Forks and Nisku formations.
Nextraction Energy Corporation are continuing their evaluation of the area with the anticipation of expanding the project and utilising three-dimensional seismic to optimise drilling locations on structural “highs” in anticipation of defining prospects to drill for in this multi-horizon play.
Operators:
Nextraction Energy Corporation: Operator with 100% interest after Primary Petroleum Company farmed out Feb 2012