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Permalink Reply by Samuel J. Orr on June 27, 2014 at 5:28pm

Halcon's acreage in the entire Northern Utica is for sale but I understand there are no buyers. The Allam well in Venango County was again flared on June 7 or June 8. My understanding is that if the flame is strong and undiminished for a total of 28-30 days, this would be a good sign for that well and would likely improve Halcon's ability to sell its acreage in Venango County which is part of the northern Utica. If the flare peters out during this period, I believe that might be a very negative thing for landholders in Venango County. I am one of those landowners! 

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Permalink Reply by jay patterson on June 27, 2014 at 5:55pm

Ok thanks that not good news

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Permalink Reply by deer spotter on June 28, 2014 at 1:19pm

About 2 months ago there were rumors that Halcon had an offer to sell the Venango county acreage but only Venango county, heard the offer was turned down. Don't know who made that offer.

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Permalink Reply by jay patterson on June 28, 2014 at 1:27pm

Thanks let me know if you hear any thing more

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Permalink Reply by james on June 27, 2014 at 8:52pm

It's been shooting a huge flame for at least a couple of weeks, the entire sky is orange at night down that way.

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Permalink Reply by jay patterson on June 27, 2014 at 9:46pm

Nice thank you

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Permalink Reply by jay patterson on June 29, 2014 at 11:53am

Is that the well down by Polk and what about the rainbow well

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Permalink Reply by Samuel J. Orr on June 29, 2014 at 12:12pm

They are doing nothing on Rainbow. In fact I believe Halcon may have surrendered the lease on the Rainbow property. 

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Permalink Reply by jay patterson on June 29, 2014 at 12:15pm

Ok thanks

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Permalink Reply by jason irvine on June 29, 2014 at 12:46pm

I've got my fingers crossed for you folks.

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Permalink Reply by jay patterson on June 29, 2014 at 3:20pm

Thanks

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