PIE: Blue Holdings in Big Sky State

KIRK WILSON, Clarus Securities (12/01/2010)
"Primary Petroleum continues to accumulate its land holdings in western Montana where the company believes the Alberta Basin Bakken is present and is also continuing to evaluate the available technical data, both north and south of the border. Recently, PIE has been able to add in excess of 20,000 net acres to its position in western Montana, which pushes the area total to over 170,000 net acres. The company's land acquisition strategy will continue in areas where management believes prospective zones are present with the goal to reach 200,000 acres by the end of this year or early in 2011."

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