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 scott peterson on January 30, 2013 at 7:14am

Great info!

Permalink Reply by Shower Bath on February 1, 2013 at 10:53am

Here's an update on the 2013 plans from Magnum Hunter, who hold leases and infrastructure in the Southeastern counties of the state. See the link....

http://www.magnumhunterresources.com/pressrelease.html

Randy

Permalink Reply by Shower Bath on February 1, 2013 at 11:11am

Missed an "s". Try this link and look at the Jan 22, 2013 release on drilling plans.

http://www.magnumhunterresources.com/pressreleases.html

Randy

Permalink Reply by Shower Bath on February 4, 2013 at 2:49pm

Here's an interesting article covering Gulfport, Chesapeake, the price of NGLs, stock values, etc.

Don't take all of these points as gospel, but it will give you some perspectives you might not have thought of.

http://seekingalpha.com/article/1152971-gulfport-energy-with-fantas...

Randy

Permalink Reply by Shower Bath on February 6, 2013 at 3:44am

Here's today's Gulfport press release on operations. See the link...

http://ir.gulfportenergy.com/releasedetail.cfm?ReleaseID=738347

Randy

Permalink Reply by Shower Bath on February 7, 2013 at 8:50am

Check out the top story on Marathon in Canton. See the link....

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

Randy

Permalink Reply by Shower Bath on February 10, 2013 at 6:08am

Here's a few current stories on the Play. See the link....

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

Randy

Permalink Reply by Shower Bath on February 20, 2013 at 1:18am

A couple of interesting stories for today. See the link....

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

Randy

Permalink Reply by Shower Bath on February 26, 2013 at 10:59am

Gulfport released their 4th quarter and year-end financial report tonight. They are adding a third drilling rig in early March and a fourth rig in April. Good news for those leased with Gulfport. See the link....

http://ir.gulfportenergy.com/releasedetail.cfm?ReleaseID=743415

Randy

Permalink Reply by Shower Bath on March 5, 2013 at 5:28am

If you haven't checked this site lately, here are a few current stories on the Utica Play. See the link...

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

Randy

Permalink Reply by Joseph-Ohio on March 5, 2013 at 6:21am

Thanks Randy,

One article indicated that Gulfport is purchasing 22k acres in eastern OH.

Wondering now if that could be the the 22k acres in Ashtabula County that EnerVest said it was holding on to for now but indicated that they might sell later.

Is later now ?

J-O

 

Permalink Reply by Joseph-Ohio on March 5, 2013 at 8:41am

Called Gulfport Energy Corporation and their input to me was that the acreage has been purchased but in Belmont and Guernsey Counties (Southeast Ohio).

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