Sierra Buckeye

Does anyone think they will ever drill? Seems like they've been going to start for the last 2 years......wondering if they are just going to be a huge flipper?

Views: 10193

Replies to This Discussion

Permalink Reply by brat on June 11, 2013 at 4:27pm

My best guess is a flipper.

Permalink Reply by Jim Krocker on June 11, 2013 at 8:57pm

I have tried to find the Kleski sight two times but have never found it.  Sierra was very professional dealing with and timely with the lease payments.  Was hoping they were a notch above the rest of the companies.  Not sure what to think now.

 

Permalink Reply by maria armes on June 11, 2013 at 9:41pm

I believe the hold up is infrastructure. They can drill but if there are no lines they can't produce.  

Permalink Reply by Jim Krocker on June 11, 2013 at 10:00pm

Went for a bike ride Saturday out by Gilmore area and the pipelines were being buried.  Was also hoping to see something starting at the Mollet well.

Permalink Reply by Chris on June 11, 2013 at 10:04pm

They still say they are drilling two wells this year,  Ive never heard anything first hand from them that ever indicated that they would sell their Tusc leasehold.

Maria is right, there is pretty much 0 infrastructure in tuscarwas county.  Even when they do drill, they will most likely have to choke them back until pipelines are put in.  They are not a flipper, just moving slower than most would like.

Permalink Reply by Jim Krocker on June 11, 2013 at 10:09pm

The hardest thing is the waiting.  I am sure I speak for most.

Permalink Reply by Frank on June 12, 2013 at 12:09am

I also believe they are a flipper.  When they brought the bonus check in December, they had us sign a addendum to the lease that they could sell to someone else. They do not have the technology to get the oil out of Tuscarawas County.  I am guessing that the rumor they are selling to Chevron is true.

Permalink Reply by Jim Krocker on June 12, 2013 at 3:29pm

Frank, anything going on with the Stocker well outside of Gnaden?

Permalink Reply by Frank on June 12, 2013 at 11:50pm

Not yet.

Permalink Reply by TM on June 15, 2013 at 7:34pm

I also would not be surprised if they sell out to Chevron either. They have done nothing yet for a year or more.I think it will be up to the big dogs to get the oil out of the ground.

Permalink Reply by Jim Krocker on June 16, 2013 at 8:41am

THE T-COUNTY/SIERRA AREAS SEEM TO BE THE HIGH GOR AND WET GAS AREAS WHICH OTHER DRILLERS SEEM TO BE DRILLING IN OTHER COUNTIES.  ARE THESE OTHER DRILLERS HAVING SUCCESS?  SUCH AS IN GUERNSEY COUNTY.

Permalink Reply by TM on June 16, 2013 at 1:37pm
Sierra is also in carrol county and have done nothing there yet either. I have no clue what they are waiting on. From what I have seen guernsey county has been a hot spot lately.

RSS

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service