All things pertaining to leasing and drilling in Venango County.
Location: Venango County
Latest Activity: Dec 15, 2022
Started by jay patterson. Last reply by MikeSmith Jan 30, 2018. 3 Replies 0 Likes
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I saw that a driller got permits for eight wells in Cranberry Twp Venango CO, can't remember the name. Are they vertical or horizontal? Is this land that was leased by Shell? Is any new leasing going on?
Looks like some insiders have been buying HK in December, maybe a good sign
Halcon (stock symbol HK) closed at $1.20 down over 10% in just one day. If I had any nerve I'd by 5000 shares. I still have my 1500 bought in 2012 at $7.42 per share. Idiocy is idocy is idiiocy. .
This site is deader than a dead cat. When I last looked earlier today, Halcon stock was $1.49 / share. Why I still have my 1500 shares at $7.42 / share is incomprehensible other than it establishes the fact that I am an idiot!
See my post of yesterday to Mercer County Comment Wall. Halcon's stock was down over 20% on Friday and closed at $2.27. If crude prices stay as low as they are for even 3-4 more months, I believe Halcon's survival is unlikely. Other small E&P companies also saw their share prices fall dramatically. See Yahoo Finance.
Bob Rock: Thanks for the link. It brings up the article out of West Vrginia referred to in my post below.
Here sam try this.
More Potential Good News: Yesterday I discovered an article from "The State Journal, West Virginia's only business newspaper". The article is by Suzanne Elliot and is dated November 20, 2014 as updated November 22, 2014. The content and the tone of article suggests that Shell may actually build the plant at the old Horsehead Site in Monaca in Beaver County. See my recent comment to Mercer County Comment Wall.Perhaps by now someone will have posted a link to the article.
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