CORNERSTONE NATURAL RESOURCES LLC

Cornerstone Natural Resources is a Denver based independent oil and gas company focused on building a long-lived reserve base in the Williston Basin.
 
With a current inventory of over 50,000 net acres, which includes over 50 operated Bakken pool drilling units (Middle Bakken & Three Forks) and an additional 70 operated drilling units targeting the overlying Midale reservoir;Cornerstone is poised for significant growth.
 
The Company currently operates 43 active wells in North Dakota, producing from the Midale, Bakken and Three Forks reservoirs, and holds a working interest in an additional 39 outside operated wells. All of the aforementioned reservoirs are currently being developed by Cornerstone using horizontal stage frac completions.
  

Production

Cornerstone is a significant oil & gas producer in Burke County, North Dakota. Cornerstone’s net production in North Dakota is approximately 400 BOEPD from 43 operated and 39 outside-operated wells.

Ongoing Development

Cornerstone holds interests in over 50,000 net acres of leasehold in Burke and Mountrail Counties, North Dakota. With a current inventory of Bakken, Three Forks and Midale drilling opportunities; Cornerstone is poised for growth.

 

With strong operational control over its leasehold and development timing, Cornerstone’s has focused its development on the Midale, Bakken and Three Forks reservoirs..