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Permalink Reply by Dan on March 15, 2013 at 8:35am

The test wells to be drill this summer and the drilling in PA near the Pymatuning reservoir will be the true test. But our arrow is heading down at this point   Good thing i didn't give up my day job.

Permalink Reply by Joseph-Ohio on March 15, 2013 at 9:45am

We have been and remain only guardedly optimistic Dan. 

We haven't given up working as yet either !

We feel 'guardedly optimistic' due to a couple of maps we've seen which you've probably seen as well.  They are a map created by EnerVest a while ago and another more recent map created by Halcon showing their so-called 'Utica Northern Sweetspot'.  Did you see them ?  Both of these maps indicated similar characteristics as far as Ashtabula County is concerned.  They both showed the underlying Utica strata curving in an arc from the Southwest to the Northeast.  There was a Volatile Light Oil / Rich Condensate boundary line cutting across the Pymatuning Causeway on a Southwest to Northeast bearing; with Oil  / Black Oil to the West and Volatile Light Oil / Rich Condensate to the East.

The Halcon map also indicated their 'Target Area' which in Ashtabula County followed much the same bearing cutting across 11, SR 6, 193, CR 147, CR 12, CR 302 and 7.  

Maybe we've been grabbing at straws but, since there aren't any deep wells or cores to base things on in our neck of the woods; when they finally get around to drilling them we're hoping they'll prove Volatile Light Oil / Rich Condensate.

So we're looking forward to seeing some good results from more Core Samples and those wells you mention above.

Let's all keep the faith and hope for the best !

 

Permalink Reply by B-Man on March 15, 2013 at 9:25am

oh well.. a lot of contradictory info going around right now that makes absolutely no sense whatsoever. i guess we all resort to plan b