Folks, I think the value of Tyler County O&G just took a gigantic leap. O&G companies are concentrating their efforts on obtaining gas leases in formations that produce both natural gas and natural gas liquids(NGL's). An april Antero report indicates that we are likely setting on two liquids rich shale formations - the Marcellus and Upper Devonian Shales. According to the report, the Upper Devonian Shale may be as productive as the Marcellus. Sorry, I wasn't able to add the referenced report as a link. Copy the following and paste as a Google search.
Antero Resources April 2012 Company Overview Presentation
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AboutWhat makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen. [ Read More ] |
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