Today Carrizo Oil & Gas announced that it is entering the Utica Shale Play by way of a Joint Venture with Avista Capital Partners. There are 15,000 acres involved and Carrizo is paying $1,500 per  acre for ONLY 10% interest. You do the math. What would the value per acre be for 100% interest?

http://www.msnbc.msn.com/id/44727794

Randy

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Chesapeake shake up ! How will this affect the folks with CHK leases ? Anyone ?http://mobile.reuters.com/article/idUSL2N0GD1WK20130812?feedType=RS...

The top story on Antero's results in Noble and Monroe counties, along with their plans, is very good.

See the link....

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

Randy

Go to the link I posted above. The top story today from Forbes says that Aubrey McClendon's company AEP (American Energy Partners) was the buyer of Shell's 50,000 acres in Ohio's Utica. And that he was the likely  buyer of the Enervest 23,000 acres.

Randy

Another lawsuit against Chesapeake for improper deductions and selling to affiliates at discounted prices, in order to lower royalty payments. Why does the new management team allow these practices to continue? I guess we know the answer. See the link.....

http://www.star-telegram.com/2013/08/19/5092914/chesapeake-sued-aga...

Randy

Today (8-31-13) we have a very interesting set of articles related to the play. Note that these articles change daily, and older articles are archived. See the link....

http://www.ohio.com/blogs/drilling

Randy

Decline curves. What are they? How long will these shale wells produce in meaningful quantities? Here are some answers, see the link.....

http://www.marcellus-shale.us/Marcellus-production.htm

Randy

Check out the story on Chesapeake paying out $7.5 million settlement of lawsuit over deductions.

 

http://www.ohio.com/blogs/drilling

Randy

What will happen to the tsunami of Marcellus, Utica ethane production?

http://www.ogfj.com/articles/2013/08/what-will-happen-to-the-tsunami...

This is a major problem for a small company like Gulfport, and will slow them down, as they fix all of these pads. See the link....

http://www.ohio.com/news/ohio-department-of-natural-resources-settl...

Randy

Today Gulfport released results of Wagner, Clay, and Lyons wells. See the link....

http://ir.gulfportenergy.com/releasedetail.cfm?ReleaseID=791017

Randy

Interlake Steamship to convert freighters to LNG.

http://www.fleetsandfuels.com/fuels/lng/2013/05/interlake-to-conver...

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