Voyager Snaps Up Acreage in Williston Basin
Voyager O&G has closed on approximately 11,500 net acres of leasehold in Williams and McKenzie Counties, North Dakota and Richland County, Montana. Voyager also has an additional 4,000 acres under contract that is expected to close in July. This latest acquisition including acreage under contract brings the Williston Bakken leasehold to 21,000 net acres. The acreage is in close proximity to the recent discoveries by Brigham Exploration (Nasdaq:BEXP - News) in Williams and McKenzie Counties, North Dakota. Voyager is also currently participating in multiple wells in Mountrail and Williams Counties, ND.
"We are pleased to announce the additional acreage targeting the Bakken in North Dakota and Montana. This latest acquisition along with our aggressive leasing program will yield significant production and reserves," said Voyager Oil & Gas Chief Executive Officer J.R. Reger. "This acreage directly offsets recent discoveries and provides Voyager with significantly more exposure to the heart of the Bakken resource."
"Our North Dakota and Montana Bakken acreage is beginning to produce significant results," Reger added. "Voyager is currently awaiting completion on two Bakken wells and owns acreage under 50 permitted wells."