Primary Petroleum Provides Update on Its Alberta Basin Bakken Project

Primary Petroleum Corporation (TSXV:PIE) reports to its shareholders and the investment community an update on the increased activity in the Alberta Basin Bakken Fairway, Western Montana, USA.

To date, the Montana Board of Oil and Gas has recorded 16 wells that have either been permitted, spud and/or drilled in the area by Rosetta Resources, Newfield Exploration or Anschutz Oil and Gas. The closest wells to Primary’s land are approximately 12 miles to the north and west. Primary’s geological and geophysical evaluation confirms that the Lodgepole, Bakken, Three Forks and Nisku formations extend over its land holdings.

For complete news release, click here.

For Primary Petroleum’s Company profile, click here.