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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Rexx Energy has reported their operational update for the Utica. See the link.....

http://seekingalpha.com/news-article/6889262-rex-energy-announces-r...

Randy

Recent article on mineral rights.  It describes a few points that may be of interest to surface owners and mineral owners.

http://www.crainscleveland.com/article/20130610/SHALEMAGAZINE/30610...

Here are a few new articles. See the link....

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

Randy

A few new stories from Ohio.com.

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

Randy

An excellent article regarding NGL's and pricing. See the link....

http://www.eenews.net/stories/1059984499/print

Randy

This morning Gulfport issued an operations update highlighting the McCort 1&2 wells in Belmont County, Sommerset Twp. See the link....

http://ir.gulfportenergy.com/releasedetail.cfm?ReleaseID=779579

Randy

EQT will drill 8 wells in Guernsey County, and a nice story on other shale prospects. See the link....

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

Randy

New processing plants are coming on-line. See the link.....

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

Randy

Thanks for posting Busy Bee. Gulfport has also posted their current Investor Presentation dated August 2013 on their website. If you haven't ever listened to their conference call, give it a try tomorrow morning. Or you can listen to the replay later, when you have time.

If you are leased with Chesapeake, you may find this article interesting. I wonder if their new CEO and board will continue with these unethical practices? See the link....

http://www.gohaynesvilleshale.com/forum/topics/another-chesapeake-l...

Randy

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