we all have to understand that this is the largest unconvential shale play in the world in acres and is possibly the most economical play. We are four years behind the Eagleford, but mirror image it in many ways. The problem we have is that the reporting of info, mainly production numbers is volunteered within the 1st 12 months and that some companies want the world to know how good their production is because of a need for stock growth or possibly even a sale of assets...our situation in the oil window is the opposite, as Anadarko and Devon quietly have obtained thousands of acres through assignments they are NOT anxious to report and thanks to the current administration in Columbus they do not have to report for 12 months their production, it is easy for them to say, ''no it isn't very good''....wake up folks!..have you not seen the old western movies with John Wayne and the gold rush, stake a claim and then be quiet-cause if you go to the saloon and brag it up-the wolves will be at your door and the town will BOOM, and there goes your claim.....PROVE IT UP QUIETLY, tell your competetion it is not that good,threaten to leave, so folks[mineral owners]will get impatient thinking they missed out. This is a 25 to 30 year play, it is the best on the market and the world is watching our every move.
We have not seen anything yet!....I still believe we are the 3rd rung on the ladder with many more steps to climb.
Ask anyone who attended the DUGEAST what they think our potential is, they will tell you unlimited!
JD - what's up big man? close to a lease over there yet? our knox cty group is also represented by CCJ (Dan Plumley) and there has been some movement in the last month or so. everyone here is waiting on the sensibaugh well (southern knox) to be finished up sometime in june, which could have big implications for everyone.
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]