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 August 20, 2012 at 11:36am

If you havn't checked this sight lately, there is an update on Enervest production on two wells, along with other recent stories. See the link...

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

Randy

Permalink Reply by Shower Bath on August 23, 2012 at 4:16am

Markwest has their first mini processing plant in operation in Harrison Co. and is processing gas for (most likely) Gulfport's Wagner well. See the link...

http://www.ohio.com/blogs/drilling

Randy

Permalink Reply by Shower Bath on August 23, 2012 at 7:30am

The state DNR has updated the permit/drilling activity report for last week. See the link...

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

Randy

Permalink Reply by Shower Bath on August 30, 2012 at 2:24am

The state DNR permit/drilling activity report for the week of 8-19-2012 has been posted. See the link...

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

Randy

Permalink Reply by Shower Bath on August 31, 2012 at 11:45am

For those of you leased with Chesapeake, you need to read the top article about costs being deducted from no-cost leases and the resulting lawsuits. See the link...

http://topics.bloomberg.com/shale-gas-and-fracking/

Randy

Permalink Reply by Shower Bath on September 2, 2012 at 9:32am

"drillers shaken as ethane, propane prices plunge" See the link to the top story.

http://www.ohio.com/blogs/drilling

Randy

Permalink Reply by Shower Bath on September 3, 2012 at 5:57am

Hope everyone has an enjoyable Labor Day! I saw this article about the Browns new owner Jimmy Haslam betting big on shale and thought you might find it interesting. Go Browns! And while I'm at it, great win Buckeyes.

http://www.cleveland.com/shalegas/

Randy

Permalink Reply by Shower Bath on September 4, 2012 at 1:37pm

Gulfport has released the results from the Boy Scout 1-33H well in Harrison Co. and the results are very good. See the link....

http://ir.gulfportenergy.com/releasedetail.cfm?ReleaseID=704404

Randy

Permalink Reply by Shower Bath on September 5, 2012 at 4:08am

The state DNR has updated the permit/drilling activity report for the week of 8-26-12. See the link...

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

Randy

Permalink Reply by Utica Shale on September 5, 2012 at 6:27am

CHPK Investor Presentation Sept 2012

"... Strategy shift to harvest mode, from capture mode, will lead to higher returns on invested capital, lower cap-ex and a more streamlined company ..."

LINK

 

Permalink Reply by Shower Bath on September 7, 2012 at 3:58pm

If you havn't checked this site lately, there are a few new articles. See the link...

http://shale.typepad.com/utica_shale/

Randy

Permalink Reply by Shower Bath on September 10, 2012 at 2:10pm

The state DNR has updated the permit/drilling activity report for the week of 9-2-12. See the link...

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

Randy

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