Iron Oil Operating LLC

Iron Oil is a private equity-backed exploration and production company focused on the acquisition and development of oil and natural gas resources in the Williston Basin of North Dakota and Montana. Iron Oil Operating LLC conducts the Company’s exploration and production activities.

• Iron Oil has built a significant operated Williston Basin leasehold in central McKenzie County, North Dakota with integrated infrastructure. We continue to grow this position and increase production through well development and acquisitions.
• The Williston Basin spans portions of North Dakota, South Dakota, Montana and the Canadian province of Saskatchewan. While the presence of oil in the basin has been known since the first discovery in the 1920s, exploration and development activity was sporadic and declining until a revolutionary innovation in technology occurred during the early 2000s. In particular, the combination of horizontal drilling and multi-stage hydraulic fracturing has transformed the basin into one of the top oil producing regions in North America. The primary oil producing targets in the Basin, the Middle Bakken and Three Forks formations, make up one of the largest contiguous oil accumulations in North America.  Through advancements in drilling efficiencies, completion design and pipeline capacity, the Williston Basin continues to improve new well returns and solidify itself as a world-class oil resource play.