Norden

Gas Property in Chouteau County, MT

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Key data points for Norden

Counties	Blaine County, MT Chouteau County, MT
Production Dates	Jan 1986 - Dec 2025
Total Oil Production	0 BBLs
Total Gas Production	878,003 MCF
Recent Oil Production	0 BBLs in Dec 2025
Recent Gas Production	561 MCF in Dec 2025
Wells on Property	4

Our Valuation Estimates for Norden

ShaleAssessment™

$1,927 *

MarketMultiple™

$2,249 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Aggregated production of all wells and leases associated with this property

API #	Well Name	Operator	Status	County	Latitude	Longitude
25-005-21633	Norden 2-22	Bond, Roland, Etal.	P&A - Approved	Blaine County, MT	48.077150	-109.526070
25-015-21323	Norden (1-1137-1) 3-29	NorthWestern Corporation	Producing	Chouteau County, MT	48.071660	-109.572800
25-015-21455	NORDEN 12-29	Ocean Energy, Inc.	P&A - Approved	Chouteau County, MT	48.063610	-109.574350
25-015-21632	Norden 4-26-17	Brown, J. Burns Operating Company	P&A - Approved	Chouteau County, MT	48.042330	-109.540730

Lease #	Lease Name	Operator	County	Monthly Gas Prod.
111371	NORDEN 3-29	NorthWestern Corporation	Chouteau County, MT
5299	NORDEN (12-29)	Ocean Energy, Inc.	Chouteau County, MT

These are the closest 18 properties to the Norden property.

Property Name	Location	Gas Prod.	Prod. Period
Biebinger	Blaine County, MT	159 MCF	Dec 2025
Boyce	Chouteau County, MT	209 MCF	Dec 2025
Federal	Chouteau County, MT	430 MCF	Dec 2025
Federal	Chouteau County, MT	338 MCF	Dec 2025
First Trust	Chouteau County, MT	109 MCF	Dec 2025
Henderson	Blaine County, MT	0 MCF	Aug 2024
Henderson	Chouteau County, MT	5,302 MCF	Dec 2025
Hokanson	Chouteau County, MT	1,467 MCF	Dec 2025
Kane 1	Blaine County, MT	991 MCF	Dec 2025
Olson	Chouteau County, MT	366 MCF	Dec 2025
State	Blaine County, MT	165 MCF	Dec 2025
State	Chouteau County, MT	1,457 MCF	Dec 2025
State	Chouteau County, MT	389 MCF	Dec 2025
State	Chouteau County, MT	160 MCF	Dec 2025
U.S 19-15	Chouteau County, MT	278 MCF	Dec 2025
U.S. 33	Chouteau County, MT	420 MCF	Dec 2025
Weaver	Blaine County, MT	384 MCF	Dec 2025
Weaver	Chouteau County, MT	1,855 MCF	Dec 2025

These are the closest 9 companies operating near the Norden property.

Company Name
Black Hawk Resources, LLC
Brown, J. Burns Operating Co.
Devon Energy Production Company, L.P.
Devon Louisiana Corporation
Klabzuba Oil & Gas Inc
Montana Power Company
Northwestern Corporation
Ocean Energy Inc
Ocean Energy Resources Inc.