Signs Of Life In Trumbull County OH ?

Halcon Resources has applied for and been granted a reissue of a permit in Trumbull County; the Lutz 1H.

It appears the company just decided to have the permit reissued. At least they're still interested, hopefully a good sign for the future.

However, if you have been following the financial travails of the company you probably know that Trumbull County OH is not on the front burner so to speak.

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Mike MurphyPermalink Reply by Mike Murphy on June 19, 2015 at 4:54am

to reissue a permit cost 50 bucks no big deal  permits get renewed all the time

several permits in western carroll have been renewed several times by cheasepeak

Permalink Reply by Mark McGrail on June 19, 2015 at 6:09am

Mike,

There is no rig on site either.

Permalink Reply by Sage59 on June 19, 2015 at 10:30am

You are correct Mike in that it is no big deal. I think Mark's point was that it shows future interest and possibility. He then appropriately tamped down expectation. Chesapeake and Enervest have both recently shown activity in renewing leases in Trumbull County. Now Halcon has renewed a permit. It ain't a lot Mike, but it ain't nothin' either. Heck, a $50 speculative expenditure by Halcon right now probably took a special board meeting to get the OK.

Permalink Reply by Alan Bowers on June 22, 2015 at 4:37am

ODNR Weekly report, week ending 2015-06-13, lists the Lutz well as "Drilling".  Warren Township Trumbull County.

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