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Blacksands Pacific Group Expands Into Williston Basin

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February 8, 2012

The Blacksands Pacific Group  Inc. including affiliates and subsidiaries has reached an agreement with its partner, to jointly develop the oil prospects within the Williston Basin Prospect, in North Dakota. The Williston Prospects includes oil and gas leases held within the Tyler, Lodgepole, Bakken, Red River and Three Forks producible zones.

The oil and gas leases extend in excess of 50,000 net acres with proposal for an initial 72 wells drilling program at an estimated capex cost of approximately $200m. Blacksands Pacific participation represents a core investment strategy in-line with ...

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