Replies to This Discussion

Permalink Reply by scott peterson on August 4, 2011 at 11:29pm

I am sure they did their homework on the geology of the location so I am highly optimistic that it will be a good producer.

Permalink Reply by michael j belaj on August 5, 2011 at 12:24am

Scott This is work in progreee the drill bit well tell the story Geology is a science the drill bite proves all believe me I know I have drilled hundreds of wells with this well however the horizontad lateral could make all the difference good luck to all. Mike

Permalink Reply by Jon Henderson on August 6, 2011 at 1:39am

Hey, for any of you who haven't seen it. The CEO of Chesapeake, Aubrey McClendon, was on Cramer Monday. There is a 10 minute clip with him talking about the Utica play in Ohio. Here is the link to the site. I found it very interesting and informative.....

 http://www.chk.com/News/Articles/Pages/TV_20110801_AKM.aspx

Permalink Reply by Jon Henderson on August 5, 2011 at 2:45am

I agree and am hopeful that this well will be a good producer. I am hoping that they will drill on our property and we will make money on the production side. I would like to have a fair lease amount, but the real value is certainly in the product.

 

That said, I don't want to lease my rights away for too low a price.

 

However, Lease language is VERY IMPORTANT to me.

Permalink Reply by paul geiger on August 4, 2011 at 10:24am

We just got back , was out to see the well site,I    got to say this Gods country and a  lot of white trucks .

Permalink Reply by scott peterson on August 4, 2011 at 10:32am

You take any pics of the beast?

Permalink Reply by paul geiger on August 4, 2011 at 11:29am

Yes ' I'll see if I can get them here on the site .

Permalink Reply by paul geiger on August 4, 2011 at 11:43am

Hope this works( Kimbolton Well Aug 4 2011)

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• 100_3487.jpg, 1.1 MB
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Permalink Reply by Jon Henderson on August 4, 2011 at 12:45pm

Paul,

 

Thanks for the pictures, they look great!

 

Permalink Reply by scott peterson on August 4, 2011 at 3:33pm

Wow it is a beast!

Permalink Reply by paul geiger on August 6, 2011 at 4:59am

The pad looks to be under 5 acres, not  large enough  for fracking trucks just curious if they'll use water from wills creek that's in the area.

Attachments:

• 100_3487.jpg, 1.1 MB

Permalink Reply by arminius on August 4, 2011 at 5:19pm

One must see this in person.  Pictures can't do it justice.

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