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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More info on Chesapeake's financial problems. See the link...

http://seekingalpha.com/article/586321-where-will-chesapeake-energy...

Randy

Here's a good summary of the Utica Play through the 1st quarter. See the link....

http://seekingalpha.com/article/612801-utica-shale-first-quarter-co...

Randy

Here's a current list of articles, including the Harrison Hub location and cost. See the link...

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

Randy

 

 

 

 

Ohio law supersedes landowner’s wishes and allows pipeline survey

http://www.farmanddairy.com/news/ohio-law-supersedes-landowners-wis...

Here's an excellent update on Chesapeake, and their possible takeover  by a major. See the link...

http://www.bloomberg.com/news/2012-05-30/chesapeake-valuation-seen-...

Randy

Gulfport Energy has provided an operational update on their website. See the link...

http://ir.gulfportenergy.com/releasedetail.cfm?ReleaseID=679457

Randy

You read it here first. Big news, Chesapeake puts two large blocks of Ohio leases up for bid. Looks like they only will hold the sweet spot counties for NGLs. See the link...

http://www.meagheradvisors.com/resources/project/Chesapeake%20Utica...

Randy

Sorry Randy, you weren't first.  I posted this six hours ago.

You're the man.

Randy

Yeah, I'm a Hell of a guy.  Keep the news flowing, Randy.  You do a great service for the GMS community.  You're the Matt Drudge of shale.

Say......Who's Matt Drudge anyway ?

I don't know if you're joking or not so I'll answer that as if you're not.  Matt Drudge is the founder of www.drudgereport.com.  He's a news aggregator.  

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