Brigham Exploration Announces Continued Infill Drilling Success (BEXP)

Brigham Exploration Company

announced the successful completion of additional infill wells in the Williston Basin, including the Brad Olson 9-16 #3H and the Erickson 8-17 #3H, bringing the total number of infill wells completed by the company to date to four at an average early 24-hour peak rate of approximately 3,378 barrels of oil equivalent. To date, Brigham has completed 59 consecutive long lateral high frac stage wells in North Dakota at an average early 24-hour peak rate of approximately 2,860 barrels of oil equivalent. Brigham also announced that it has completed two acreage transactions and has grown its Williston Basin acreage position to approximately 371,200 net acres. As a result of the acreage transactions and the positive results of the Johnson 30-19 #1H well in Montana, Brigham's core acreage position has grown 6% to approximately 217,900 net acres. Brigham also provided an update on its drilling and completion activities in the Williston Basin.