what is the truth? - GoMarcellusShale.com2024-03-29T12:43:59Zhttps://gomarcellusshale.com/forum/topics/what-is-the-truth?commentId=2274639%3AComment%3A576362&feed=yes&xn_auth=noOh Oracle of the oil wells...…tag:gomarcellusshale.com,2014-05-16:2274639:Comment:5833982014-05-16T19:50:37.889ZPaul Martinellihttps://gomarcellusshale.com/profile/PaulMartinelli
<p>Oh Oracle of the oil wells........please pinpoint the good counties for the UTICA!</p>
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<p>No disrespect meant....just looking for an opinion based on facts.</p>
<p>Oh Oracle of the oil wells........please pinpoint the good counties for the UTICA!</p>
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<p>No disrespect meant....just looking for an opinion based on facts.</p> I am not sure I understand an…tag:gomarcellusshale.com,2014-05-16:2274639:Comment:5833912014-05-16T19:36:48.626ZLERREThttps://gomarcellusshale.com/profile/LERRET
<p>I am not sure I understand any of this but from my experience in the Fayetteville Shale, every play will have "good" spots and "bad" spots and predicting where one begins and another ends is pretty much a crap shoot.</p>
<p>I will say this. About 8-9 years ago, I predicted that there were several counties heavily leased by a jackleg operation and I said those were geologically poor choices and very unlikely to produce. I caught L....I even had one banker from Lonoke county call me and…</p>
<p>I am not sure I understand any of this but from my experience in the Fayetteville Shale, every play will have "good" spots and "bad" spots and predicting where one begins and another ends is pretty much a crap shoot.</p>
<p>I will say this. About 8-9 years ago, I predicted that there were several counties heavily leased by a jackleg operation and I said those were geologically poor choices and very unlikely to produce. I caught L....I even had one banker from Lonoke county call me and literally threaten me, promising me that I would "pay" for my intemperate remarks. </p>
<p>Two firms Maverick Drilling and Hallwood drilled in those areas, without a single successful well. Both went bankrupt. At least one landowner who got $50,000 or more for his leases spent it on Maverick's penny stock...and lost every dime of it.</p>
<p>To this day no production exists in Lonoke County and is unlikely to in my lifetime. The banker didn't call me to apologize.</p>
<p></p>
<p>Sometimes the naysayers know what they are talking about.</p> Thanks Paul,
Saw that movie t…tag:gomarcellusshale.com,2014-05-14:2274639:Comment:5775932014-05-14T15:49:22.905ZJoseph-Ohiohttps://gomarcellusshale.com/profile/JosephEPowell
<p>Thanks Paul,</p>
<p>Saw that movie too.</p>
<p>Didn't sink in.</p>
<p>Doesn't surprise me however as movies that I happen to watch go in one ear and out the other and then I even forget about most all of what I see !</p>
<p>I just remember Keanu Reeves contorting in slo-mo dodging bullets on that one.</p>
<p>Thanks Paul,</p>
<p>Saw that movie too.</p>
<p>Didn't sink in.</p>
<p>Doesn't surprise me however as movies that I happen to watch go in one ear and out the other and then I even forget about most all of what I see !</p>
<p>I just remember Keanu Reeves contorting in slo-mo dodging bullets on that one.</p> He watched the Matrix........…tag:gomarcellusshale.com,2014-05-14:2274639:Comment:5778162014-05-14T15:24:14.845ZPaul Martinellihttps://gomarcellusshale.com/profile/PaulMartinelli
<p>He watched the Matrix........it is a line from the movie!</p>
<p>He watched the Matrix........it is a line from the movie!</p> Gas Boy,
Please clarify.
A…tag:gomarcellusshale.com,2014-05-14:2274639:Comment:5778142014-05-14T15:09:44.197ZJoseph-Ohiohttps://gomarcellusshale.com/profile/JosephEPowell
Gas Boy,<br />
<br />
Please clarify.<br />
<br />
A little too cryptic.<br />
<br />
I do not follow.<br />
<br />
Thanks.
Gas Boy,<br />
<br />
Please clarify.<br />
<br />
A little too cryptic.<br />
<br />
I do not follow.<br />
<br />
Thanks. Thinking a deal like that jus…tag:gomarcellusshale.com,2014-05-13:2274639:Comment:5772932014-05-13T15:23:17.688ZJoseph-Ohiohttps://gomarcellusshale.com/profile/JosephEPowell
Thinking a deal like that just doesn't exist in Ohio's southeastern Utica PP zone.<br/>
Thinking also the same circumstance exists in Ohio's northeastern Utica PP zone.<br/>
A deal like that probably can't be found anywhere in the Utica PP fairway.<br/>
<br/>
P.S. :<br/>
LOL / heh heh / ho ho / ha ha / etc., etc., etc. and so forth.
Thinking a deal like that just doesn't exist in Ohio's southeastern Utica PP zone.<br/>
Thinking also the same circumstance exists in Ohio's northeastern Utica PP zone.<br/>
A deal like that probably can't be found anywhere in the Utica PP fairway.<br/>
<br/>
P.S. :<br/>
LOL / heh heh / ho ho / ha ha / etc., etc., etc. and so forth. LOL
If I could find that deal…tag:gomarcellusshale.com,2014-05-13:2274639:Comment:5774302014-05-13T13:28:05.797ZPaul Martinellihttps://gomarcellusshale.com/profile/PaulMartinelli
<p>LOL</p>
<p>If I could find that deal.......I'd drive to the seller with cash in hand!</p>
<p>LOL</p>
<p>If I could find that deal.......I'd drive to the seller with cash in hand!</p> (not directed to anyone speci…tag:gomarcellusshale.com,2014-05-13:2274639:Comment:5771922014-05-13T13:00:47.177ZPaul Martinellihttps://gomarcellusshale.com/profile/PaulMartinelli
<p>(not directed to anyone specific, just think objectively about it)</p>
<p>Let's say I have 2 parcels of land for sale. 20 acres each. no leases on either. Asking price is 3K per acre.</p>
<p>One parcel is in Northern Utica ( Trumb.) and the other in Southern Utica (Monroe).</p>
<p></p>
<p>I will only sell one of the parcels.</p>
<p></p>
<p></p>
<p>Based on the information you have today....which would you want to buy?</p>
<p></p>
<p></p>
<p>I know where I'd put my money.</p>
<p>(not directed to anyone specific, just think objectively about it)</p>
<p>Let's say I have 2 parcels of land for sale. 20 acres each. no leases on either. Asking price is 3K per acre.</p>
<p>One parcel is in Northern Utica ( Trumb.) and the other in Southern Utica (Monroe).</p>
<p></p>
<p>I will only sell one of the parcels.</p>
<p></p>
<p></p>
<p>Based on the information you have today....which would you want to buy?</p>
<p></p>
<p></p>
<p>I know where I'd put my money.</p> U. S.,You're really sounding…tag:gomarcellusshale.com,2014-05-13:2274639:Comment:5773972014-05-13T02:43:34.017ZSummer Johnstonhttps://gomarcellusshale.com/profile/SummerJohnston
<p><em>U. S.,</em><br></br><em>You're really sounding like <strong>you have some kind of agenda against exploration and development of the Utica northern tie</strong>r.</em><br></br><br></br><em>Why is that ?</em><br></br><br></br><em>There's <strong>no proof that the north is too shallow to be productive</strong>.</em><br></br><br></br><em><strong>We need more exploration and development</strong> in the northern tier if you ask me.</em></p>
<p></p>
<p>I think that's what US has tried to convey, that <strong>based on…</strong></p>
<p><em>U. S.,</em><br/><em>You're really sounding like <strong>you have some kind of agenda against exploration and development of the Utica northern tie</strong>r.</em><br/><br/><em>Why is that ?</em><br/><br/><em>There's <strong>no proof that the north is too shallow to be productive</strong>.</em><br/><br/><em><strong>We need more exploration and development</strong> in the northern tier if you ask me.</em></p>
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<p>I think that's what US has tried to convey, that <strong>based on <span style="text-decoration: underline;">current</span> results</strong> it is unlikely that companies will <strong>risk the investment</strong> required to "prove" the reserves. <span style="font-size: 13px;">Nobody buys a "pig in a poke."</span></p>
<p><span style="font-size: 13px;">That the north is unproven is not Utica Shale's fault. Come on,do you really think he's so powerful (no offense intended, US) that by responding on a message forum he can deter development in the northern Utica? All he can do is the same thing as the rest of us--analyze the results. The ODNR records the well results. Do you think they are in on "the agenda" too?</span></p>
<p><span style="font-size: 13px;">It is what it is.</span></p>
<p></p>
<p></p> Marcus,
Something with your p…tag:gomarcellusshale.com,2014-05-13:2274639:Comment:5773852014-05-13T01:48:23.398ZMJhttps://gomarcellusshale.com/profile/MJ713
<p>Marcus,</p>
<p>Something with your profile is messed up.</p>
<p>Marcus,</p>
<p>Something with your profile is messed up.</p>