Brigham Exploration Co. announced that its operated Lee 16-21 #1H produced approximately 1,544 barrels of oil equivalent per day from the Bakken formation during an early 24 hour flow back period. The Lee 16-21 #1H was completed with 28 frac stages and is the seventh long lateral, multi-stage fracture stimulation completed by Brigham in the Williston Basin. The Lee 16-21 #1H was successfully fracture stimulated and produced approximately 1,341 barrels of oil and 1.22 MMcf of natural gas, or 1,544 barrels of oil equivalent, from the Bakken formation during a 24 hour period. Brigham maintains an approximate 31% working interest in the Lee, which is the third well completed under the drilling participation agreement with U.S. Energy Corp. Brigham is expected to commence completion operations on the Strand 16-9 #1(21% working interest), which is also located in Rough Rider and is the fourth drilling participation agreement well, this week. Brigham is currently drilling three additional wells in Rough Rider, the State 36-1 #1H (14% working interest), the Williston 25-36 #1H (35% working interest) and the Jackson 35-34 #1H (58% working interest). The State 36-1 #1H and the Williston 25-36 #1H are the fifth and sixth drilling participation agreement wells and complete the initial six well package under the agreement.

Brigham Exploration Co. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported total revenue of $19,867,000, operating income of $4,750,000, income before income taxes of $786,000, net income of $491,000 or $0.01 per diluted share, cash provided by operating activities of $15,264,000 compared with total revenue of $47,191,000, operating income of $28,254,000, income before income taxes of $24,557,000, net income of $15,260,000 or $0.33 per diluted share, cash provided by operating activities of $30,598,000 over the same period last year. Revenues decreased $65.6 million due to a 55% decrease in average oil equivalent price compared to that in the first nine months of 2008. For the nine months, the company reported total revenue of $48,867,000, operating loss of $113,189,000, loss before income taxes of $125,245,000, net loss of $125,540,000 or $2 per diluted share, cash provided by operating activities of $31,211,000 compared with total revenue of $97,288,000, operating income of $39,571,000, income before income taxes of $29,490,000, net income of $18,304,000 or $0.40 per diluted share, cash provided by operating activities of $73,638,000 over the same period last year.

Brigham Exploration Co. reported capital expenditure results for the third quarter ended September 30, 2009. The company reported that exploration and development capital expenditures totaled $13.6 million, of which $11.1 million went to drilling expenditures and $2.5 million went to land and G&G expenditures. For the full year 2009, the company currently expects exploration and development capital expenditures of $51.5 million. The company currently expect that 2010 exploration and development capital expenditures will total $176 million, with $169.4 million consisting of drilling expenditures and $6.4 million consisting of land and G&G expenditures.