Replies to This Discussion

Permalink Reply by Matt Henderson on December 26, 2010 at 2:47am

Looks like most of their activity is in Washington County the past year. They have a few more permits issed in Lycoming County, but none issued during 2010. Overall, looks like they have around 25 drilling permits issued. There were 2 more permits issued (Nature Boy) for Lycoming County but they expired in the past week. Being a smaller company, it looks like they moved to the "wet" gas area and where the infrastructure was in place to start getting some cash back.

Permalink Reply by Timothy L Case on December 26, 2010 at 4:23am

Thanks for your reply, Matt. I was forwarded an email about a month back that was from Toby Rice saying they definitely haven't given up on this area and that they'd be making an announcement soon. Well, nothing yet on that. Two plus years is still a lot of time to see things happening. I'm starting to suspect they will sell their acreage to the big boys such as Anadarko or Chief rather than watch their investment trickle through the hourglass.

Permalink Reply by Robert Maxwell on December 26, 2010 at 1:23pm

Two years ago they approached me about selling a right away for pipeline between two propertysthat they had leases on i refused there offer I thought that iut was too low. they called one year latter with the  same and I said no change havnt heard any thing back. I  located about two miles from there well in faragut