Replies to This Discussion

Permalink Reply by Dexter Green on January 12, 2015 at 7:11am

Some of these smaller operators may end up going under.  Debt has fueled the shale boom--as it fuels most booms in modern America--and price drops can cause a death spiral pretty quickly.  The major companies, like CHK, XOM, APC, SWN, et al will survive.  But companies like HK, MHR, GST, and ECR are looking down the barrel of a loaded gun if prices continue to slump through 1H15.

• ▶ Reply

Permalink Reply by Dan Warner on January 13, 2015 at 5:52pm

Statoil just sent an acquaintance of mine a xmas present.

$7000/acre bonus, paid a month early, presumably to beat 2015 budget cuts.

This was a re-lease on a 5 & 5, originally Chesapeake.

Doesn't sound like they're going away, at least not for good.

• ▶ Reply

Permalink Reply by Philip Brutz on January 14, 2015 at 10:48am

It looks like Eclipse is slowing down but not stopping.

http://ir.eclipseresources.com/sites/eclipseresources.investorhq.bu...

• ▶ Reply

Permalink Reply by Dexter Green on January 14, 2015 at 4:31pm

Eclipse might not exist this time next year.

• ▶ Reply

Permalink Reply by Susan A Tippel on January 19, 2015 at 9:57am

You are probably right. And tbey are the company that holds the lease on 16.5 acres of my land. AEU holds the rest and I have not much hope for that.

• ▶ Reply

Permalink Reply by catt on January 26, 2015 at 3:07am

I think Eclipse (sooner or later) will be bought out by Antero.......but hopefully the prices will start to come back up. I don't think the prices will return to what they were at one hundred dollars a barrel but I think the new norm will be somewhere in the 70's.

• ▶ Reply

Permalink Reply by BIG on January 26, 2015 at 3:16am

Catt:

What information have you seen that shows Eclipse would be bought out by Antero? 

• ▶ Reply

Permalink Reply by catt on January 27, 2015 at 3:30am

BIG.. I have not seen any info....but one must realize that these smaller companies can not stay afloat if the prices of oil and gas does not rebound.....and I think  sooner or later only a few of the bigger companies will be in control. Antero recently bought  a lot of acreage in Monroe County from someone........maybe Hall or maybe Eclipse....don't know. Time will tell.

• ▶ Reply

Permalink Reply by Susan A Tippel on January 27, 2015 at 4:40am

I have no proof of this, but I heard that Antero now owns 70% of Eclipse shares.

• ▶ Reply

Permalink Reply by Trapper on January 27, 2015 at 4:43am

Then , on the other hand , you have big companies like Shell selling leaseholds to little fish like Rex.........

• ▶ Reply

Permalink Reply by Billy Park Whyde on January 27, 2015 at 2:34pm

If so a check of the county recorders office should show the lease flipping.

• ▶ Reply

Permalink Reply by Finnbear on March 3, 2015 at 4:52am

Read this report and their thoughts about Antero. Antero may well be the one who is not here next year.

• ▶ Reply

• ‹ Previous
• 1
• 2
• 3
• …
• 7
• Next ›
• Page