5 NEW WELL PERMITS FOR SHELL IN MERCER COUNTY - GoMarcellusShale.com2024-03-28T23:13:48Zhttps://gomarcellusshale.com/forum/topics/5-new-well-permits-for-shell-in-mercer-county?feed=yes&xn_auth=noWTF-
I agree with the Halcon…tag:gomarcellusshale.com,2013-03-28:2274639:Comment:4243182013-03-28T00:09:44.931ZJohnLhttps://gomarcellusshale.com/profile/JohnLove
<p>WTF-</p>
<p>I agree with the Halcon cash flow theory. I think they were way over extended when it came time to pay up. </p>
<p>6 permits means that Shell MUST expect to hit it big. I read on another website that Mercer County is considered the Utica Northern Tier Sweet Spot. It's been interesting to follow to say the least. Maybe the MtJ4 landowners (former) will get the last laugh afterall.</p>
<p>jl</p>
<p>WTF-</p>
<p>I agree with the Halcon cash flow theory. I think they were way over extended when it came time to pay up. </p>
<p>6 permits means that Shell MUST expect to hit it big. I read on another website that Mercer County is considered the Utica Northern Tier Sweet Spot. It's been interesting to follow to say the least. Maybe the MtJ4 landowners (former) will get the last laugh afterall.</p>
<p>jl</p> John, I think you are right a…tag:gomarcellusshale.com,2013-03-27:2274639:Comment:4240112013-03-27T23:28:38.034ZWTFhttps://gomarcellusshale.com/profile/WilliamTFinney
<p>John, I think you are right about Halcon. I think Halcon did not have enough cash to complete their deal with Carizo in Ohio and lease their obligations here in Mercer County and the meteriorite was a lame excuse. If Shell hits it big on the Shannon wells they will try to lease anything they can get their hands on in that area including the MtJ4 landowners and anyone else they can possibly sign up. If anyone can escape from their MtJ4 agreements, this would be a good time to do it and then…</p>
<p>John, I think you are right about Halcon. I think Halcon did not have enough cash to complete their deal with Carizo in Ohio and lease their obligations here in Mercer County and the meteriorite was a lame excuse. If Shell hits it big on the Shannon wells they will try to lease anything they can get their hands on in that area including the MtJ4 landowners and anyone else they can possibly sign up. If anyone can escape from their MtJ4 agreements, this would be a good time to do it and then sit and wait for Shell to contact them. </p> WTF- I saw that also. At firs…tag:gomarcellusshale.com,2013-03-26:2274639:Comment:4235652013-03-26T23:28:44.733ZJohnLhttps://gomarcellusshale.com/profile/JohnLove
WTF- I saw that also. At first Itought I read it wrong. Shell must think or know that they're on to something big. I'm not aware that anyone has that many permits for 1 site in Mercer County. I find it interesting that Halcon backed out on the landowners in this area because of an ancient meteriorite strike (aka Stoneboro Lake). Maybe Shell will lease some of the MtJ4 landowners who were dumped by Halcon? Oh that's right, Shell doesn't deal with landowner groups. Time to get out of the CX/…
WTF- I saw that also. At first Itought I read it wrong. Shell must think or know that they're on to something big. I'm not aware that anyone has that many permits for 1 site in Mercer County. I find it interesting that Halcon backed out on the landowners in this area because of an ancient meteriorite strike (aka Stoneboro Lake). Maybe Shell will lease some of the MtJ4 landowners who were dumped by Halcon? Oh that's right, Shell doesn't deal with landowner groups. Time to get out of the CX/ M&P marketing agreement.