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:
Here are a few new stories. See the link.....
http://www.drillingahead.com/page/utica-shale-news
Randy
If you have an "old" lease with Red Hill Development (RHDK) also known as Kimble, you will be interested with the top article on their JV with Aubrey McClendon's new company. Most of those leases are in Guernsey, Harrison, or Tusc. counties. First well is to be drilled in Harrison county. See the link....
http://www.drillingahead.com/page/utica-shale-news
Randy
Here's a few new articles, including MWCD's defense of their leasing policy. See the link....
http://www.ohio.com/blogs/drilling
Randy
Gulfport Energy released a very limited 3rd qtr. operations update today. See the link.....
http://ir.gulfportenergy.com/releasedetail.cfm?ReleaseID=797765
Randy
Here's a good article on gas pricing, the Marcellus, and the Utica. See the link.....
http://seekingalpha.com/article/1779352-marcellus-region-producing-...
Randy
Here's a little more info on Aubrey McClendon's new venture in the Utica. See the link....
http://www.eenews.net/stories/1059989492/print
Randy
If you own stock in Gulfport Energy, or are leased with them, you may find this article interesting. See the link....
http://seekingalpha.com/article/1787782-gulfport-energy-has-hit-a-t...
Randy
Gulfport Energy released their 3rd qtr. financial and operating results tonight. A recording is on their website, along with an updated presentation. Their biggest news was that their Irons well in the dry gas zone showed strong initial performance. They have also struck an agreement with Rice to cooperate in four townships in Belmont County. See the link....
http://ir.gulfportenergy.com/events.cfm
Randy
Chesapeake released their 3rd qtr. financial and operating results this morning. There is a 9 AM conference call this morning, if you want to listen in. The phone number is in the release. See the link....
http://www.chk.com/News/Articles/Pages/1872990.aspx
Randy
Thanks Randy looks like positive numbers for both Gulfport & Chspk
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