New Lease

Montana Mineral Rights Valley County, MT
1

We have agreed to a new 5 yr lease in Town 31/Range 43/27. No word on any definitive plans for a well but will stay in touch. 320 acres/15%

2

Dave,

My study of the immediate area last year was promising. 4 major operators producing oil from 4 different zones. Anadarko is closest to your section with a nice oil well to the north. They are your best chance for production in my opinion. Anadarko also holds the only new drilling permits in the general area.

Thanks for the update. Please let us know what happens.

3

Also,

Anadarko was just granted two 7000'+ permits in 31-44-s 31 &32.

Gary L. Hutchinson said:

Dave,

My study of the immediate area last year was promising. 4 major operators producing oil from 4 different zones. Anadarko is closest to your section with a nice oil well to the north. They are your best chance for production in my opinion. Anadarko also holds the only new drilling permits in the general area.

Thanks for the update. Please let us know what happens.

Gary L Hutchinson

Minerals Management

4

We did a 5 year @16.667 just north of you. They only wanted 1280 of our acres.