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We spoke with Burr Silver, CEO, Olympic Exploration & Production Company this week who took part in an exclusive interview sharing his views on the importance of mapping the extent, contribution and distribution of both reservoirs to accurately determine sweet spots and fully exploit both resources.

See A Preview Of The Interview Below:

Why is it important to accurately map the extent, contribution and distribution of the Bakken and Three Forks reservoirs to determine sweet spots?

If the Bakken/Three Forks is in fact an unconventional play, a well drilled anywhere in the Williston Basin where the Bakken is mature will recover 80 to 100,000 BO. Of course this is insufficient reserves to make the play profitable. However, if you have accurately mapped the members of the Bakken/Three Forks, you will have a better chance to predict sweet spots. Elm Coulee Field is an excellent example where facies mapping of the Bakken middle member along with production from vertical wells isolated a sweet spot. However, production from Bakken/Three Forks is a result of the sum of the history of the Williston Basin. For example, Antelope Field is a Bakken/Three Fork sweet spot caused by maximum flexure on a Laramide structure. Another possible natural fracture play could be produced by collapse of BOS members into salt voids caused by the solution of the Prairie Evaporite. So in that case, the Prairie Evaporite and age of the solution front would have to be accurately mapped.

Download The Full Interview Here

If you have any questions related to the summit, then please do not hesitate to call (1) 800 721 3915 or email info@american-business-conferences.com

If you are interested in joining E&P and Solution Provider peers at this unique event, and haven’t already registered, then secure your place online here today.

On behalf of American Business Conferences, I look forward to welcoming you to the Bakken and Three Forks Completions Congress 2013, returning to Denver on May 13-14.

Contact: Jeff Zarling
Phone: 701-577-1100
Email: info@bakkenconference.com

Minot, ND—The Bakken Investor Conference employs Attendee Communication System and the Dawa Events Mobile App to facilitate attendee communications and connections before, during and after the event.

Dawa Solutions Group has partnered Sleep Inn & Suites Minot to host the 3rd Annual Bakken Investor Conference on April 24 through April 26 to connect investors with oil and gas companies and real estate developers to explore investment and development opportunities in the Bakken Shale play.

“The oil and gas industry is driving the economy in the Williston Basin and with it the need for more housing and real estate development. Although the Williston Basin is growing, it still has a local feel,” noted Jeff Zarling, President, Dawa. “If you want to do business in the Bakken, you have to get here. Face-to-face interactions and connections are key factors in successfully doing business in the Williston Basin.”

The Attendee Communication System is a private systems platform that allows attendees to view and connect directly and confidentially with other attendees before, during and after the conference.

Attendees can comfortably contact one another through the system without having to worry about their information being freely circulated. Attendees have complete authority over who receives their information.

The Dawa Events Mobile App gives attendees access to the conference agenda, list of exhibitors, and list of attendees directly from their phone or other Apple or Android mobile device. Like the Attendee Communications System, the app allows users to privately message one another before, during and after the event.

The app is available to download from both the apple store for apple devices and the Google play store for android devices. Instructions to login and use these tools are posted at www.BakkenConference.com/attend.

“It’s paramount for the successful growth and development of our community to bring together these two key industries and their investors,” he added. “With the Attendee Communications System and the DEMA, making connections at an event has never been easier.”

In addition to the technology tools, the conference also hosts an Attendee Connection. The Attendee Connection is a forum which allows each attendee 30 seconds to introduce him/herself and tout any other relevant information. As part of the forum, conference attendees receive a numbered list of attendees, noting their name, title and represented entity. During each introduction, the attendee states what number represents him/her. Using the list, attendees can quickly and easily identify the speaker and make notes next to those attendees with whom they want to personally meet or contact.

“The Attendee Connection is a significant aspect of the conference,” stated Zarling. “It’s the equivalent of speed dating but for business relationships and has been a hit with attendees at our past conferences.”

For more information on the Bakken Investor Conference, please go to www.BakkenConference.com.

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Bakken Investor Conference Features Speakers Dale Brown, Retired Hall of Fame Basketball Coach, and American Petroleum Institute’s Chief Economist Dr. John Felmy

Minot, ND, March 19, 2013 – The 3nd Annual Bakken Investor Conference connects investors with oil and gas companies and real estate developers to explore investment and development opportunities in the Bakken Shale play.

2013 Bakken Investor Conference
April 24-26, 2013
Sleep Inn & Suites
Minot, North Dakota

www.bakkenconference.com

Dale Brown – Author, Motivational Speaker, Retired Hall of Fame LSU Basketball Coach and Minot, North Dakota Native
The conference kicks off with a keynote address from Dale Brown, legendary coach, author, motivational speaker and Minot native. He began his career as a high school coach, teacher and principal in North Dakota. Brown is a member of the North Dakota Sports Hall of Fame and the North Dakota Basketball Coaches Hall of Fame.

As a basketball coach at Louisiana State University, he appeared in 15 straight national tournaments and is the second most winning coach in SEC history, leading teams to 17 consecutive non-losing seasons. Now retired, Coach Brown is a professional speaker working with organizations that want to achieve success and inspire a winning attitude towards work and life.

Oil and Gas, and Real Estate Industries
The oil and gas industry is driving the economy in the Williston Basin. The real estate developers and investors build out the housing, industrial, commercial and other infrastructure needed to sustain energy and economic development in the Bakken. Bringing together these two key industries and their investors will help each to better understand the other and expand development for their mutual continued success.

John Felmy, Ph.D, Chief Economist, American Petroleum Institute
Dr. Felmy is responsible for overseeing economic, statistical and policy analysis of the Institute. He has more than 25years of experience in energy, economic and environmental analysis. He will present a survey of current conditions and an outlook for oil & gas.

Emerging Issues and Market Conditions in the Energy Sector
Investors need to understand the opportunities, challenges, and risks of the market. The speakers and panel presenters will provide the latest information on emerging issues in the Williston Basin including: “Market Access and Development Initiatives” – Eric Schaeffer, Business Services Manager, Enbridge, Inc.

Real Estate Investment Information
Investors want to understand the current market conditions, the future outlook and concrete data to analyze their investment options. The real estate topics will allow investors to make better investment decisions.

Dr. Nancy Hodur, Research Scientist, and Dean Bangsund, North Dakota State University
Population and household projections are core metrics used in determining demand for products, services, and real estate development. Dr. Hodur and her colleagues have conducted several studies recently including the population analysis and projections and the recently released economic impact of the petroleum industry in North Dakota.

Increasing Debt Financing in the Bakken
Debt financing has been elusive for developers in the Bakken. The Bank of North Dakota has developed a sub-participation program to help address the problem. The panel will include representatives from the Bank of North Dakota, local and regional lenders, and developers discussing case studies.

Jon Nelson, Hegg Development Group
“Raising Wall Street Money for Bakken Real Estate Projects”
Jon Nelson will share his experience and insights into the current environment for raising money from investors for Bakken real estate opportunities.

About the Bakken Investor Conference
The Bakken Investor Conference is produced by Dawa Solutions Group and Minot Lodging Expo. The conference is sponsored by:

Hegg Companies – www.heggcompanies.com
Evercorp – www.evercorpbuildingsystems.com
Cirrus Aircraft – www.cirrusaircraft.com
Mainstream Investors – www.mainstreamnd.com

Contact
Bakken Investor Conference
Jeff Zarling
701-577-1100
info@BakkenConference.com

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