Norstra Energy Inc. (NORX) Moves to Develop Sizeable, Key Bakken Acreage via Farm-Out Deal
Norstra Energy, the oil and gas explorers with over 10k acres of prime Bakken land in Montana and targeting the South Sun River Prospect (Bakken Fairway, northwest Montana) for horizontal well development, reported today that the company has entered into a strategic farm-out deal on the South Sun River Prospect with Spokane-based, Summit West Oil, LLC. CEO of NORX, Glen Landry, a 30-year veteran hydrocarbon bloodhound and third generation geologist who has spent several decades exploring for oil and gas in Montana and North Dakota, pointed to the robust historical data the company has on the prospect, including drilling, first…