April 10, 2014

Three Forks to drill on tracts in Weld County

BROOMFIELD – Three Forks, Inc., a Broomfield-based oil and gas exploration and production company, has signed an agreement with Houston-based Vanguard Natural Resources LLC (Nasdaq: VNR), allowing it to drill on Vanguard-leased lands in Weld County.

According to a media statement from Three Forks, the agreement requires to drill two wells before Sept. 15 on tracts covering 160 acres in a prolific oil-producing area of the Denver-Julesburg Basin, where Three Forks’ operations team has extensive experience.

“Our team drilled five wells immediately offsetting this acreage in 2012,´ said Chuck Pollard, president of Three Forks, in the statement. “Due to new fracture-stimulation technology, all five of those wells exceeded production expectations.”


BROOMFIELD – Three Forks, Inc., a Broomfield-based oil and gas exploration and production company, has signed an agreement with Houston-based Vanguard Natural Resources LLC (Nasdaq: VNR), allowing it to drill on Vanguard-leased lands in Weld County.

According to a media statement from Three Forks, the agreement requires to drill two wells before Sept. 15 on tracts covering 160 acres in a prolific oil-producing area of the Denver-Julesburg Basin, where Three Forks’ operations team has extensive experience.

“Our team drilled five wells immediately offsetting this acreage in 2012,´ said Chuck Pollard, president of Three Forks, in the statement. “Due to new fracture-stimulation technology,…

Dallas Heltzell
With BizWest since 2012 and in Colorado since 1979, Dallas worked at the Longmont Times-Call, Colorado Springs Gazette, Denver Post and Public News Service. A Missouri native and Mizzou School of Journalism grad, Dallas started as a sports writer and outdoor columnist at the St. Charles (Mo.) Banner-News, then went to the St. Louis Post-Dispatch before fleeing the heat and humidity for the Rockies. He especially loves covering our mountain communities.
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