Operation Map of North Range Resources

NRR has recently assembled an approximate 25,000 net mineral acre position in McKenzie County, North Dakota, the county with the highest level of production in the entire Williston Basin. There is an estimated 51 million barrels of recoverable oil in place in just 2 of the 5 oil producing formations. The staking of nine Bakken Three Forks wells has already been completed. We expect all permits in process to be approved in the 3rd quarter of 2017. NRR also controls a 952 net mineral acre position in Richland and Roosevelt Counties, Montana.

NRR is concurrently developing additional acreage positions to be shared for discussion at a later date.