Current Events/News Releases

Today Carrizo Oil & Gas announced that it is entering the Utica Shale Play by way of a Joint Venture with Avista Capital Partners. There are 15,000 acres involved and Carrizo is paying $1,500 per  acre for ONLY 10% interest. You do the math. What would the value per acre be for 100% interest?

http://www.msnbc.msn.com/id/44727794

Randy

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Replies to This Discussion

Permalink Reply by Shower Bath on March 1, 2012 at 10:32am

If you haven't checked out this site before, watch the video and then read a few of the articles. The Utica Play will be like this in 2-4 years. See the link...

http://www.eaglefordshale.com/news/

Randy

Permalink Reply by Shower Bath on March 3, 2012 at 9:52am

Here is the controversial Rollingstone article on shale gas/fracking and Chesapeak's response. See the link...

http://www.chk.com/rollingstone/index.html

Randy

Permalink Reply by scott jackovitch on March 5, 2012 at 4:00am
Permalink Reply by Shower Bath on March 12, 2012 at 5:04am

And here's an article on Chesapeake & their debt issue.

http://www.bloomberg.com/news/2012-03-12/chesapeake-ceo-courts-asia...

Randy

Permalink Reply by Shower Bath on March 13, 2012 at 5:52am

Here's a current article on the CHK vs the Sportsman's Club, from the Cleveland P D. See the link...

http://www.cleveland.com/business/index.ssf/2012/03/judges_ruling_l...

Randy

Permalink Reply by Shower Bath on March 13, 2012 at 5:56am

The state DNR has updated the permit/drilling activity reports for the week of 3-4-2012. See the link...

http://www.ohiodnr.com/oil/shale/tabid/23174/Default.aspx

Randy

Permalink Reply by Shower Bath on March 14, 2012 at 4:27am

Here's a few current stories on the Ohio Utica, including Chesapeake's 900 million dollar investment in new plants. See the link...

http://drilling.ohio.com/

Randy

Permalink Reply by scott jackovitch on March 15, 2012 at 3:23pm

Here is a good article on the Markwest plant that is to be built in Cadiz. In the 3 minute video the Markwest CEO explains why they are building the plant in Harrison County.  http://businessjournaldaily.com/drilling-down/midstream-processors-...

Permalink Reply by scott jackovitch on March 18, 2012 at 1:27am

Here is an article from todays Beacon Journal about the Buell Well. http://www.ohio.com/news/top-stories/ohio-landowner-misses-out-on-u...

Permalink Reply by Shower Bath on March 20, 2012 at 5:33am

Here's a good list of current articles on the Utica play. If you got a lease bonus greater than $150,000 in 2011, you need to read the Farm and Dairy article on Ohio's CAT tax. See the link....

http://www.drillingahead.com/page/utica-shale-news

Randy

Permalink Reply by Shower Bath on March 20, 2012 at 8:49am

The Ohio DNR has updated the permit/drilling activity reports for last week (3-11-2012). There are quite a few new permits, and a number of wells already drilled and waiting to frac. See the link...

http://www.ohiodnr.com/oil/shale/tabid/23174/Default.aspx

Randy

Permalink Reply by Craig Stull on March 20, 2012 at 3:13pm

Randy ,There are two wells in Monroe county that have comments "lost holes". Any idea what this means. As always thanks for posting !

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