Irving, Tex., independent Breitling Oil & Gas Corp. acquired a nonoperated acreage position in Sand Creek field within the Bakken formation in McKenzie County, ND.
Plans call for Breitling to participate in six Bakken and Three Forks wells during 24-36 months on acreage acquired through a joint venture. The operator will be Denbury Resources Inc.
Chris Faulkner, Breitling chief executive officer, said he believes the Bakken and Three Forks “will be a major focus of Breitling's future exploration and production activities.”