PA HAS OIL TOO!

Hilcorp must have an eye for finding OIL!

While checking out the PA DEP reporting site I see where Hilcorp has a well in Mercer County putting out some decent numbers.

LACKAWANNOCK JAMES 1H : 34.1 MILLION CUBIC FEET GAS AND 1,500 bbl. OIL IN 7 DAYS!

Surprised this han't been noted on GMS by anyone yet. Sounds pretty big to me. Am I missing something here?

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Permalink Reply by bo boboski on September 1, 2013 at 5:32am

I believe there are a lot of wells drilled with similar  production capabilities, just sitting; waiting for the infrastructure, and waiting for all the land to be leased at landowner cheating prices & royalty percentages, so that they can be opened up to make big bucks for the O&G companies. A lot of flow tests have been kept a big secret for now. Give it about a year, then we will all wish we hadn't signed for pennys.

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