Strata-X Energy Releases Findings on Emmons County Gas WellIf Strata-X can prove their find North Dakota will in fact be a game changer for the company. Come on SXE, prove everyone your experienced team is on to something.
https://www.kxnet.com/story/26116015/strata-x-energy-releases-findings-on-emmons-county-gas-well
A company drilling for natural gas in Emmons County says they found it.
Strata-X Energy received four drilling permits from North Dakota Oil and Gas last year to drill two wells in Emmons County and two in McIntosh County.
Strata-X drilled a well about ten miles east of Linton in June and hit gas.
The company says they anticipate drilling the three other wells later this year following successful testing on the Emmons County well.
A statement from a press release reads, "in drilling the vertical well to a total depth of 1450 feet, gas shows were encountered immediately."
The well is part of the company's Sleeping Giant Gas Project in North Dakota.
Strata-X has leased around 120,000 acres in North Dakota for the project.
Company president Tim Hoops says it's too early to tell if the Sleeping Giant project will amount to anything.
He says they'll know more when they frack the well in sometime in the next couple of months.
Hoops calls it a "blue collar" play, meaning it will take many wells to make it economically viable.
He says it is difficult to get companies to break away from the Bakken to come to Emmons County to do the work.
Hoops says the well cost more than Strata-X Energy anticipated because they were waiting on services.