PP

NORTH DAKOTA WATERFLOODS

Producing Properties

All Standard Disclaimers Apply & Seller Rights Retained

NORTH DAKOTA WATERFLOODS

BOTTINEAU & RENVILLE COS., ND

54-PDP Wells, 16-Injectors & 5-SI

MADISON POOL

~7,900-Net Acres. Mix of HBP/HBU

3-D Proprietary Seismic Coverage

Identified Upside

LONG LIFE CONVENTIONAL OIL

Shallow Decline w/ Consistent Oil Cut

100% Operated WI; ~80% NRI

Gross Production: ~320 bbl/d

Net Volumes: ~260 bbl/d

Net Operating Cash Flow: ~$600,000/Mn

PDP Reserves: 1.8 MMbbl. PV10: ~$31 MM

PDNP Reserves: 470 Mbbl. PV10: $7.6 MM

VDR LIVE - MAKE AN OFFER

PP 6219DV

Questions Regarding This Asset? Email Steve Henrich 403-294-1906
Virtual Data Room
NORTH DAKOTA WATERFLOODS

BOTTINEAU & RENVILLE COS., ND

54-PDP Wells, 16-Injectors & 5-SI

MADISON POOL

~7,900-Net Acres. Mix of HBP/HBU

3-D Proprietary Seismic Coverage

Identified Upside

LONG LIFE CONVENTIONAL OIL

Shallow Decline w/ Consistent Oil Cut

100% Operated WI; ~80% NRI

Gross Production: ~320 bbl/d

Net Volumes: ~260 bbl/d

Net Operating Cash Flow: ~$600,000/Mn

PDP Reserves: 1.8 MMbbl. PV10: ~$31 MM

PDNP Reserves: 470 Mbbl. PV10: $7.6 MM

VDR LIVE - MAKE AN OFFER

PP 6219DV

Questions Regarding This Asset? Email Steve Henrich 403-294-1906