Comment

Comment by gary e hall on April 1, 2012 at 2:35am

does anyone know if they are going to drill in German twp now .

Comment by Shower Bath on March 30, 2012 at 4:00am

Production numbers on 5 Chesapeake wells will be on the ODNR's web site on Monday, along with other current stories. See the link...

http://www.drillingahead.com/page/utica-shale-news

Randy

Comment by Shower Bath on March 27, 2012 at 6:49am

Here's a good summary of some of the major players at the end of the fourth quarter. There are a few nuggets that you might not have seen before. Note the $ number per acre in the wet gas zone, mentioned by Enervest. See the link...

http://seekingalpha.com/article/418651-utica-shale-conference-calls...

Randy

Comment by Shower Bath on March 27, 2012 at 6:43am

Here's some current articles on the Utica fro Ohio.com, including the story of BP entering the play in Mahoning Co. and signing with Bob Rhea's group. $3,900 per acre bonus with 17.5% royalty. See the link...

http://drilling.ohio.com/

Randy

Comment by scott jackovitch on March 24, 2012 at 3:26pm

Thanks Peter and Finnbear . Hopefully I can get a few of my questions answered this week.

Comment by Peter Schueler on March 24, 2012 at 7:51am

Scott, Here's what Global is marketing in the Ohio/Pennsylvania area

http://www.globalgeophysical.com/content.aspx?cid=224. It looks like they're beginning to put together a library of geophysical data for the Utica and concentrating on the Harrison County area.

Most of the recent O&G leases give the lessee the right to do their own geophysical exploration but there are independents like Global who make a living by providing the data to O&G companies wanting to have better info before leasing or to leaseholders looking for "sweet spots".

Comment by Finnbear on March 24, 2012 at 4:45am

Ask Global who is employing their services? Ask Global why they are doing this?

Comment by scott jackovitch on March 24, 2012 at 2:51am

I received one of the letters from Global geophysical this week . I am looking for some input from others who have received one or anyone else for that matter. I am unsure exactly who they are working for ? I am all for keeping this drilling train rolling along but I would like some helpful advice. Why are they doing this now ? It seems they are having good success without it. 

Comment by Shower Bath on March 23, 2012 at 10:32am

I'm thinking that it's the Hopedale site. Most of Gulfport's leased acreage is in the southwest part of the county, while Chesapeake is more central/northeast part of the county. For large contiguous blocks of land, I think this sets the maret price - for now.

Randy

Comment by rob on March 23, 2012 at 10:23am

Randy...1500 acres would cover alot of the areas that rhino holds coal rights to (hopedale and cadiz portals)... does the cadiz portal even operate?  I thought I heard it was closed up several years back.

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