The lands, comprised of 160 acres (net) of a 1,280-acre spacing unit, were purchased from a private company.
Mountainview has also announced its participation in the drilling of the Olson 1-21-16H, a horizontal Bakken well located on the lands in the SESE-Section 21-Township 29 North, Range 57 East, Roosevelt County, Montana.
The company will own a 12.5% working interest in the well, which is being drilled by a subsidiary of US based GeoResources.
The anticipated total depth of the well is 19,420ft with a total horizontal leg in the Bakken Shale of 1,280 acres.
