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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Chesapeake story regarding lawsuits by lessors in Texas. See the link...

http://www.star-telegram.com/2013/03/14/4703401/ed-bass-other-plain...

Randy

If you have ridden the Gulfport stock up to it's current lofty levels, you might want to watch the price action very closely. See the link...

http://www.seekingalpha.com/article/1284721-gulfport-energy-corpora...

Randy

Here's a rather lengthy article which touches on NGLs, infrastructure, and how a Play is developing. Although this article is about the Bakken, you can learn a few things which will help you understand how the Utica Play will develop. See the link....

http://seekingalpha.com/article/1293131-bakken-the-bounty-of-super-...

Randy

Randy,

Can you explain to us the differences between the (predicted) Low GOR and (predicted) High GOR Natural Gas and Oil Resources ( including the expected relative values of those resources when weighed one against the other); and which are indicated to exist in the Utica Point Pleasant Shale in Northeast Ohio and Northwest Pennsylyvania ?

(GOR we assume = Gas Oil Ratio)

Sorry to say, I can't. As a landowner that might be more in-depth than I need to go. Maybe one of the industry reps which read these posts could clarify.

Randy

There is a lot to absorb, that is for sure!!

Good article on the Utica Play. See the link....

http://uk.finance.yahoo.com/news/insight-ohio-fog-begins-lift-04595...

Randy

Good summary article at the bottom  today (3-28-2013). See the link...

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

Randy

Back on 3-13-2012 Rhino Resources announced that they had leased out 1,500 acres of their mineral rights for 5yrs to Chesapeake for $6,000 per acre and a 20% gross royalty. Read the story here...

http://seekingalpha.com/news-article/2177261-rhino-resource-partner...

Now, today comes a story saying that they have sold their 20% gross royalty to a third party. The price? 10.5 million dollars. Read the story here....

http://seekingalpha.com/news-article/6165511-rhino-resource-partner...

Randy

Chesapeake is now trying to sell their Portage and Stark county leases as a small package. See the link...

http://www.cleveland.com/business/index.ssf/2013/04/chesapeake_ener...

Randy

Here's Consol's first quarter operations report. Concentrate on their gas operations. No mention of any split with Hess or Noble. Looks like slow and steady for 2013 drilling. See the link...

http://phx.corporate-ir.net/phoenix.zhtml?c=66439&p=irol-newsAr...

Randy

Gulfport Energy has posted their most recent Investor Presentation (April 2013) on their website. Clic on the link and then open the April 2013 Investor Presentation.

http://ir.gulfportenergy.com/

Randy

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