April 14 - Northern Oil and Gas Inc. has made fifteen additional completions in the North Dakota Bakken and Three Forks trend. The Bakken and Three Forks wells began producing at an average initial production rate of 692 barrels of oil per day. Northern Oil has drilled with a 100% success rate in the Bakken/Three Forks since inception. Northern Oil is currently participating in the drilling or completion of an additional 18 Bakken and Three Forks wells.
Michael Reger, CEO, commented, "We continue to add production and reserves in both our Red River program as well as our Bakken and Three Forks program. We continue to see service costs decline and look forward to the continued successful development of our substantial core Bakken position."
