Just out of the fairway, but lots of leasing activity. Discuss leasing, drilling and production.
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Comment
Chesapeake now has 1 approved well site and 3 others in the application process for our county, all in South Beaver Twp. I 'hear' (possible rumors) that there are a total of 6-7 well sites they are going to drill in Beaver County in the very near future. I believe ( but don't know) they are applying for the ability to put 6 wells on each pad. I suspect they will drill at least one well at each site to HBP the entire unit, or as much as possible, as a lot of these leases expire in the next 1yr or so. Things should be quite interesting in the near future.
Here's to Chesapeake finding really wet gas!
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