Bakken Resources, Inc. will focus on evolving into a growth-orientated, newly reorganized early stage independent Energy Company engaged in the acquisition, exploration, exploitation and development of oil and natural gas properties; which is focusing it activities exclusively the Williston Basin. BRI owns certain mineral rights underlying approximately 6,000 acres located approximately 8 miles southeast of Williston, ND. A major portion of the property was leased to Oasis Petroleum, Inc. ("OASIS") based in Houston, TX. OASIS recently registered its initial public offering of 42 million shares at an estimated price of $13 to $15 per share and applied for a New York Stock Exchange listing under the symbol "OAS."

OASIS and Continental Resources, Inc. jointly filed for spacing allowance and permits to drill one well on the property. Continental Resources, Inc. (CLR: NYSE) recently raised $200.0 million through the offer of 7.375% Senior Notes. In addition to the Oasis and Continental drilling permit, Brigham Resources, Inc. also received approval for one spacing unit. Oasis Energy, Inc. received approval for six spacing units to drill wells in the Bakken Formation that encompass part of BRI's property. BRI owns an average 8.5% royalty on all oil and gas produced on the 2,473.5 net mineral acres. We believe that we will able to create value via strategic acreage acquisitions and convert that value or portion thereof into production by utilizing and investing with experienced industry partners specializing in the specific areas of interest.