Super Nova Minerals Corp. announced that the company has entered into a Farmout agreement with Norstra Energy Inc. The company will earn 80% working interest by drilling three vertical wells on the approximately 10,000 acres contiguous property. The property is divided into three blocks and the company will earn 80% working interest for each vertical hole drilled on each of the three blocks.

The property is in North-West Montana in Lewis and Clark County on the Alberta Bakken Fairway. This property is located 60 km south-west of the city of Great Falls and State Highway 200 traverses the property. The Millford Colony well on this property has been spudded, drilled and cased to 850 ft.

The company intends to drill this well to a depth of 8,900 ft. to evaluate the Bakken formation and evaluate the shallow gas formations which have been identified in this area. A gas pipeline is located 5 km east of the property.

The USGS, U.S. Geological Service, has recently doubled its estimate of technically recoverable resources from the Bakken and underlying Three Forks formation to 7.4 billion barrels of oil.