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Presentation Overview

“Perspectives on Montana’s Petroleum Industry” MREA-MPA-MONTAX “Bridges to the Future” Conference October 15, 2009 Dave Ballard President Ballard Petroleum Holdings LLC Billings, Montana. Presentation Overview. Industry Overview and Economic Contribution Meet the Producers

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Presentation Overview

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  1. “Perspectives on Montana’s Petroleum Industry”MREA-MPA-MONTAX“Bridges to the Future” ConferenceOctober 15, 2009 Dave BallardPresidentBallard Petroleum Holdings LLCBillings, Montana

  2. Presentation Overview • Industry Overview and Economic Contribution • Meet the Producers • Producing Areas and Trends • Geologic Elements of an Oil Field • Regional Geology • Field Examples and the Technology of Discovery and Production • Have We Reached Peak Production?

  3. Field Examples and the Technology of Discovery and Production • Surface Geologic Mapping • Subsurface Geologic Mapping • Seismic Mapping • Shallow “Tight” Gas Frac Stimulation • Horizontal Drilling and Frac Stimulation • Waterflood Enhanced Oil Recovery • CO2 Flood Enhanced Oil Recovery • Sensitive Environment Operations

  4. Sensitive Environment Operations TechnologyThe Western Montana Folded Belt Reclaimed Well Site Rocky Mountain Front Well Site Reclaimed After One Year

  5. WESTERN MONTANA FOLDED BELTSHOWING OIL & GAS FIELDS,NATIONAL FORESTS, WILDERNESS,AND NATIONAL PARKS Waterton East Glacier Two Medicine Kalispell Knowlton Blackleaf Canyon Great Falls Missoula Helena Bozeman

  6. Have we reached peak production yet?

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