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
Tags:
The Ohio DNR has updated the permit/drilling activity report for last week. See the link below....
http://www.ohiodnr.com/oil/shale/tabid/23174/Default.aspx
Randy
Here's more articles on the development of the Utica Play. See the link below.....
http://shale.typepad.com/utica_shale/
Randy
Here's a large group of current articles on the Utica Play. Alot of good info.....see link below.....
http://www.drillingahead.com/page/utica-shale-news
Randy
For those of you signed with Gulfport Energy, or waiting for your signing bonus, it looks like they are raising the cash to pay you. See the link below....
http://ir.gulfportenergy.com/releasedetail.cfm?ReleaseID=627637
Randy
Hopefully this is a good thing for everybody signed! I know there are a lot of folks waiting.
The Ohio DNR has again updated the permit/activity reports. See the link....
http://www.ohiodnr.com/oil/shale/tabid/23174/Default.aspx
Randy
Here's an interesting web site with an educational tack. See the link below....
http://lookbeforeyoulease.org/
Randy
Here's all of the current events relating to the Utica Play, including Chesapeake issueing the preferred shares of the Utica LLC. See the link below.....
http://www.drillingahead.com/page/utica-shale-news
Randy
The Ohio DNR has updated the permit/drilling reports for last week. Kinda slow because of the Thanksgiving holiday. See the link.....
http://www.ohiodnr.com/oil/shale/tabid/23174/Default.aspx
Randy
Here's a short article about Gulfport stock. They mention that they could sell their Utica leases or do a JV. See the link......
http://www.dailyfinance.com/2011/11/30/is-gulfport-energy-the-perfe...
Randy
I saw on the Bloomberg news crawl this morning that the French oil company Total is weighing the purchase of the JV with Chesapeake for 2.14 billion in Ohio. When I see an article, I'll post it here.
Randy
As Paul Harvy used to say, "here's the rest of the story".
http://www.bloomberg.com/news/2011-12-07/total-said-to-weigh-buying...
Randy
© 2024 Created by Keith Mauck (Site Publisher). Powered by
h2 | h2 | h2 |
---|---|---|
AboutWhat 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 ] |
Links |
Copyright © 2017 GoMarcellusShale.com