Slawson Completes High Rate Bakken Producer in North Dakota

Northern Oil and Gas confirmed the completion of the Stallion 1-1-12H, a horizontal oil well in Mountrail County, North Dakota targeting the middle Bakken formation. Operated by Slawson Exploration and drilled by the crew of Nabors Rig #687, the Stallion 1-1-12H was completed with an initial production rate of 2,735 barrels of oil equivalent per day and averaged 2,697 barrels of oil equivalent over the three days of flow-testing. The well was initially completed using a 32/64 choke. Northern Oil participated with a 23% working interest in the well.

The Stallion 1-1-12H was completed using 35 expandable packers in the horizontal lateral resulting in a fracture stimulation ("frac") of 36 isolated stages. All stages and frac loads were deployed successfully. The well was completed in a 1,280 acre spacing unit with a 9,330' horizontal lateral and a total measured depth of 19,938'.

Northern Oil is currently participating in an additional 35 Bakken or Three Forks wells.

Michael Reger, Northern Oil's Chief Executive officer commented, "We are very pleased with the production levels of the Stallion which further confirms the significant productivity of our main area of focus in southern Mountrail County. We expect to participate in the drilling of 54 gross Bakken wells operated by Slawson Exploration in the immediate vicinity of the Stallion with an average working interest of approximately 20%."