Consol issued a press release today updating their operations, including info on drilling activity in the Marcellus.
http://phx.corporate-ir.net/phoenix.zhtml?c=66439&p=irol-newsAr...=
Randy
Tags:
Here's a good group of current articles on the Utica Play. See the link...
http://www.drillingahead.com/page/utica-shale-news
Randy
Inhofe To Detail EPA's "Crucify Them" Strategy on American Energy Producers
http://epw.senate.gov/public/index.cfm?FuseAction=Minority.Blogs&am...
JS
Here's an article regarding shale well profitaility and decline rates, with some interesting thoughts thrown in. I only offer this as info, and don't endorse the authors' investment advice. See the link...
http://seekingalpha.com/article/569451-controversy-on-shale-gas-boo...
Randy
Here's a good goup of current articles on the Utica Play. See the link...
http://www.drillingahead.com/page/utica-shale-news
Randy
Check out this story on mortage refusal due to drilling in Pa. , with a range of other stories down the left side of the page. The drilling map is linked to the well info. See the link...
Randy
Randy , thanks for the info . I find two things interesting 1 the tax proposal to the drillers and 2 the disclosure of the frac ingredients ,this should be a no brainer , it is no different than a company disclosing MSDS sheets in case of a accident so medical persons would no how to treat some one exposed to the fluid .
Please keep up the good work !
I agree Kathleen on timing . It seems like the banks just want to sit on there money .
What bank wants to lend out our tax money bail out to them at zero% interest when they can divert that money to credit cards at 26% ?
Bingo Billy , you win a cigar !
If you're leased with Chesapeake, or just interested in their unfolding story, you will enjoy the following article. See the link...
http://www.reuters.com/article/2012/05/10/us-chesapeake-wallstreet-...
Randy
Hello Randall,
Every time I think they've hit bottom, another revelation bubbles to the surface. I'm afraid it will never end. Mr McClendon is a serial risk-taker, compounding bad deals with worse deals. Probably the only thing that could save their skin (or at least Mr. McClendon's) is a rapid acceleration of the recent rebound of nat gas prices. Doesn't seem likely.
Thanks for your informative posts. I appreciate your diligence in posting links to pertinent articles and I always take time to follow the links. You add value to GMS.
Sincerely,
BluFlame
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