Energy Resources 12, L.P. (the “Partnership” or “ER12”), formed in 2016, is a public non-traded limited partnership formed to acquire and develop oil and natural gas properties located onshore in the United States. The Partnership completed its best-efforts offering in October 2019, and used the approximate $220 million in proceeds to acquire non-operated working interests in producing wells and future development locations in the McKenzie, Dunn, McLean, Mountrail and Williams counties of North Dakota. The Partnership’s current combined working interests in its 412 producing wells (the Bakken Assets) is approximately 5.6%. ER12 is committed to enhancing the value of its interests in the Bakken, while generating attractive returns for our limited partners.
The Bakken Assets are located in oil fields that are a part of the Greater Williston Basin, where industry activity is focused on development of the prolific Bakken Shale formation, one of the largest oil fields in the U.S., and its close geologic cousin, the Three Forks Shale.