Consol issued a press release today updating their operations, including info on drilling activity in the Marcellus.

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

Randy

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Here's an interesting update on Gulfport, Rexx, Enervest, and Chesapeake. Utica Play info. See link below....

http://seekingalpha.com/article/305950-utica-shale-players-conferen...

Randy

Interesting part in the CHK discussion... "CHK expects to be finished leasing acreage for the most part by the end of this year."  If this is in fact the case, then I would think that this may hurt anyone who has been "holding out" for the higher dollar amounts on leasing.  CHK is obviously one of the bigger hitters & if they are planning to drop out of the ballgame by year end, then it would make sense to me that the prices would (or should) start to drop at that point because it will not be quite as competitive...  I could be wrong though, but just my opinion.

Nelson, 

I see your angle, but I believe in real estate it will be the other way around.  The last remaining parcels in the sweet spot will command the most amount of money.  I know only RE so I maybe wrong when it comes to the energy business.

 

Alot of discussion about who is the Chesapeake JV partner. This could be the answer, see the link below....

http://in.reuters.com/article/2011/11/09/total-shale-idINN1E7A81362...

Randy

You just maybe right, he did not deny it.  The French own this new monster steel mill here in Youngstown.

Hmmm that does look like a good possibility.  Since they are already involved in a JV with CHK in the Barnett, then they would be familiar with dealing with each other...

First, to all of the veterans out there, thank you for your service and God bless.

 

Further info on the Chesapeake JV partner from Forbes. I think it will be Total (from France). See link...

 on the Ohio page.

Randy

Thank you Randall for myself and my father who was a Korean and Veitnam Veteran.

The Ohio DNR has updated the permit/drilling activity report for the week. See the link below.....

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

Randy

For those who might have missed this on TV last night. CNBC's Jim Cramer interviews the Chesapeake CEO. You have to wait for the add to run. See the link....

http://video.cnbc.com/gallery/?video=3000057658

Randy

For those of you with an interest in Chesapeake. See the link below.....

http://blogs.wsj.com/deals/2011/11/17/chesapeake-scores-rare-sell-r...

Randy

Here's a list of Utica articles from last week. Some emphasis on drilling in Stark County, where there are four active rigs currently. See the link.....

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

Randey

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