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BS - Kraken Operating Highlights - June 16, 2020

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In Williams County, North Dakota, Kraken Operating completed the Mathewson 30-31 #5H targeting the Middle Bakken in Q1. The well sports a 10,155-ft effective lateral fracked in 60 stages using 10.3 MMlb of proppant (1,014 lb/ft). During a 24- hour test, the well produced 2,250 boe/d (79% oil), or 221 boe/d per 1,000 ft, on a 32/64-inch choke at 1,500 psi FTP. This is the top IP24 of the seven wells the company completed......
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