$$NORX BAKKEN Fairway Highlights:
Leasing and drilling activity in the Bakken Fairway region has increased dramatically since late 2010.
As of March, 2012, over 100 wells have been drilled in Alberta and Montana with the Bakken as the principal target.
Over 30 of these wells were vertical wells with the primary purpose of delineating the Bakken formation.
In Montana, Newfield, Anschutz and Rosetta are considered to be the most active drillers, while historically Occidental,
ARCO, Shell, Phillips and Sun Exploration have all been active in the South Sun River Bakken Prospect area.
In Alberta, it is Crescent Point, Murphy Oil, Bowood and Shell who are the most active Bakken drillers. Analyst Wood
Mackenzie estimated 2.6 Billion BO may be recovered from the Bakken Fairway.
The depth of the Bakken Formation is between 4,000’ and 15,500’ in the northwest Montana.
The western boundary of the Bakken Fairway is flanked by the Rocky Mountain Thrust Belt, where proximity to higher
tectonic temperatures has caused the Bakken to become overly mature and gasified.
The central and eastern areas of the Bakken Fairway are flanked by the S
