Silver Oak Energy Completes 2 Oil Producers in North Dakota

Silver Oak has drilled and successfully completed two horizontal Madison Formation oil producers in Bottineau County, North Dakota. The new producers are part of Silver Oak’s commitment to drill and develop leases owned by Ward Williston Oil Company in North Dakota. Through its joint venture with Ward Williston, Silver Oak will continue to identify new oil reserves in mature oil fields through a detailed geologic and geophysical review of Ward Williston’s 22,000 net acres of leases. These leases are located in historically productive areas with relatively few deep penetrations. Silver Oak will have the opportunity to use the experience of its team to add reserves by using traditional oilfield methods as well as exploratory scientific techniques.