East Ohio Oil and Gas LLC

I’m bringing this topic over from the shaleforum. Does anyone know the intentions of these guys? As of yesterday they have leased over 10,000 acres(April 2017- present) in Knox county. Some info from shaleforum members include: they are paying $100/acre for all strata and East Ohio Oil and Gas is a shell company for Western Land Services. Any other information is appreciated.

http://www.recorder.co.knox.oh.us/

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Permalink Reply by Gary L on April 9, 2018 at 5:58pm

James, You are correct as Cabot geologist believe something is down there. Find this link to confirm your speculations.

http://www.cantonrep.com/news/20180402/oil-and-gas-company-eyes-dri...

Permalink Reply by James Vanderink on April 10, 2018 at 1:48am

Thanks Gary

link to the approved permit. It mentions production in a dolomite at around 4700’. That would be consistent with all the vertical wells drilled recently by MFC just NE in Ashland at around 5000’. 

https://gis.ohiodnr.gov/MapViewer/download.ashx?380F2FA9-6720-48D2-...

Permalink Reply by Blueflame_02 on April 10, 2018 at 2:03am

Looks like they're gonna try a horizontal Knox/Beekmantown well.. interesting to see how it works out.

Permalink Reply by James Vanderink on June 1, 2018 at 7:54am

This one appears not to be drilled in the storage field

Permalink Reply by Jed Clampett on June 1, 2018 at 8:41am

Looks like they are plugging back a horizontal in the Knox formation and then drilling into the Rome formation.

Permalink Reply by Ralph cramdon on June 2, 2018 at 6:08am

Great info thanks ...

Permalink Reply by Blueflame_02 on June 4, 2018 at 3:10am

Other way around - drilling vertical to Rome and plugging back to go horizontal through the Knox. Knox is above the Rome

Permalink Reply by James Vanderink on June 4, 2018 at 5:19am

So vague. Cabot isn’t going to tell anyone exactly where they land. 

Permalink Reply by Gary L on June 11, 2018 at 5:30pm

According to this article, it appears they want to do 5 test wells, target the Rome and Knox.

http://www.kallanishenergy.com/2018/04/04/cabot-moving-west-deeper-...

Permalink Reply by Bluejack Farms on June 11, 2018 at 10:33pm
Does anyone know if they have began to drill?
Permalink Reply by James Vanderink on June 12, 2018 at 5:36am

I’ve been meaning to get down there and check things out but haven’t. I did hear the 3rd well site will be 2 miles west of Loudonville. 

Permalink Reply by Gary Castellini on June 12, 2018 at 10:46pm

Could be a nice pick up for $23.59/share. Cabot is in cheap on this acreage and shallow depths for drilling keep the costs way down. 

https://seekingalpha.com/article/4181014-one-cabots-new-prospects-r...

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