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Peregrine is actively drilling in the Bakken trend in North Dakota. Additional activity is expected in the Maverick Basin in South Texas and the Permian Basin in New Mexico in the near future.
Peregrine’s growth strategy is focused on internally and externally generated exploration and development, joint ventures, and acquisitions. We are also pursuing acreage or non-operated producing properties in our target areas while looking for strategic acquisitions to expand our platform.
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