Voyager Oil & Gas, Inc. announced the closing of the company’s purchase of oil and gas acreage in the Williston Basin in North Dakota and Montana. The company has also a signed agreement to purchase additional acreage in the same general area, and expects a July closing.
Voyager Oil & Gas, Inc. said the deal included 11,500 net acres located in Williams and McKenzie Counties, North Dakota and Richland County, Montana. The company said that the acreage is prospective for the Bakken Shale and other oil and gas bearing formations.
“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 J.R. Reger, the CEO of Voyager Oil & Gas, Inc.
Voyager Oil & Gas, Inc. said the July deal comprises 4,000 acres of leasehold, and once that acquisition closes the company will have 37,500 acres in the Williston Basin. The company did not disclose the purchase price paid in either transaction.
Voyager Oil & Gas, Inc. is headquartered in Billings, Montana and has leaseholds in 2 other fields in North Dakota and Montana. The company has 33,500 net acres in the Heath Oil formation and 57,000 net acres in the Tiger Ridge natural gas play, both located in Montana.
For more information on the company, go to www.voyageroil.com