Replies to This Discussion

Permalink Reply by DJM on January 3, 2013 at 2:41am

Drill baby drill.

Permalink Reply by searcherone on January 3, 2013 at 5:49am

Happy 2013 Eclipse leaseholders as well as Magnum Hunter leaseholders.

Go to the eclipseresources.com; click on public relations; then download the eight page corporate presentation prepared in December.  Not many pages, but sweet music to Monroe Co.

A couple of highlights:  page 4  in the dry Utica is "ultra rich" wet gas in the Marcellus Shale, then look at the map;  rejoice riverfront townships!

Also a statement further on: possible down spacing from 160 acres--that means more wells!

Also Triad's Ormet well is supposedly 1400BTU gas.

I remain unclear as to what "overpressured" means which is a term in this presentation and also used in one of Gulfport's press releases.  Comments please on this term as well as the stats provided by Eclipse in this presentation.

Thanks in advance to those who are willing to comment.

Permalink Reply by Ken on January 5, 2013 at 12:02pm

According to:

http://businessjournaldaily.com/drilling-down/gulfport%E2%80%99s-sc...

Overpressure inside the rock formation allows for greater permeability, thereby making it easier to extract hydrocarbons of oil and gas. The more pressure, the better the well