PetroBakken Energy Ltd. provides an operations update and to announce our third quarter financial and operating results.

Compamy’s activity has continued at a strong pace since the end of September, and the company currently have 17 drilling rigs, 6 fracing spreads and 13 completion service rigs working in the field.

Since the end of the third quarter, we have drilled 41 net wells and brought 31 net wells on production, with a current inventory of 53 wells waiting to be completed or brought on production.

As expected, the execution of the program has increased production from 39,200 boepd in September to 45,000 boepd in early November, based on field estimates.

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