Hello folks,
I just got a letter from Caffey Group in Ft. Worth, TX, asking if we are interested in leasing our land in Sandycreek Township. A quick Google search shows news of a lawsuit against them in TX. Anyone know anything about them or anyone else been contacted by them? The letter references the Utica.
Thanks
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I saw discussion on "The Natural Gas Forums" about them not paying up when they promised out in Susquehanna County. It was said that they have no money an must wait until they have a buyer before they can pay the leaseholders.
They have sent out letter to almost everyone in the area, but I haven't been able to reach them to discuss what their plans are. I know they are going to flip any leases that they get so beware....the terms will mean nothing except a quick turnaround profit for them.
hey anyone in north venago county know anything about the Rhinestreet or tully formation?
The Rinestreet is above the Marcellus, the tully is a limestone formation in between the Marcellus and the Rhinestreet, Beware of this Chaffery group, or anyone trying to lease your shallow rights
The formation in Venago, Crawford, warren, and erie county could be a great play the three companies are after the formation. The one article says its producing as much as the marcellus formation. I beleive its producing wet gas. The well in Youngsville Rhinestreet formation and people say crudes coming from thisvertical well. The talk is ther going to develope the well in the sping to horizontally frack it to see the results. There talk its going to be developed into a Utica Shale formation and another area in the north by Hull hill. My neibors with three acres no about this formation which stretches from Titusville, Tionesta, warren county, northern Warren county, eastern crawford county. There are five formation in ohio with rhinestreet Huron, and three others so they may have five formation we may have the same. I not a geologists anyone have a better map of the formation in the areas mentioned.
medora trying to get the rights in are area!
I think you mean the Queen sand formation in the Warren,Forest county area. shallow oil and gas, Never heard of Medorna, But Catlyst energy is very active in that area. Do not know any thing about Ohio formations
No there is the west falls, rhine street AND TULLY formation, the marcellus, town Utica, and black river. I know little bit about Ohio but medora is Chesapek energy, and exon with PGE energy developing the rhinestreet in my area. I never heard of the formation till three months ago. I know quite a bit know. The engery companies getting 70% high pressure crude from just the vertical so far.
What is your area? Are you talking Ohio or Pa? Tully limestone holds no oil or gas, Trenton black river is below the Utica. The Rhinestreet is oil, on top of the Tully. Send me a link to look at Medora can not find Thanks
medina wells been drilled long time now.
medora is chespeek energy with a p.o. box in meadville.
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