CONSOL Potential Stacked Shale Plays

http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9NTM3NDE4...

See Page 5 for the CONSOL Potential Stacked Shale Plays.

It appears that each company moves the plays slightly to fit its assets.

Page 6 shows their EUR per Marcellus and Burkett well, each with a 8000' lateral.

Stacked opportunity for Marcellus and Upper Devonian (1.0 Tcfe) at the Pittsburgh Airport!

Pittsburgh Airport: ~9,000 Contiguous Acres 



 

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Replies to This Discussion

Permalink Reply by Trapper on March 29, 2014 at 1:18pm

Since Shell has an agreement in place with Consol to help supply the cracker , more good news.

Permalink Reply by craig on March 29, 2014 at 6:58pm

Good news all the way around

Permalink Reply by Tim Tarr on March 29, 2014 at 8:17pm
Zipper fracking? Wow looking at 4 shales! Just waiting for the fifth (Needmore), just below Marcellus!!! Between Burkett and Rhinestreet are two or three others but seem to be minor (too thin). The Utica line seems to be creeping East and South. Who da thunk dat.

Those maps seem to be a good match to RRC's maps. Looks like 2015 will bring some big changes to reserve estimates.
Permalink Reply by rmc on March 30, 2014 at 1:12am
Just rember those selling mineral rights are selling D all the above and all that we don't even know about yet.
Permalink Reply by Tim Tarr on March 30, 2014 at 12:02pm

Forgot to say Thanks Todd. Just love page 5.

Permalink Reply by Todd on March 30, 2014 at 2:27pm
You're welcome Tim! This is an exciting presentation and very ambitious of Consol - good PR at the Pgh Airport at least. Should be cheaper to fly.
Btw - we always "need more shale", hence, the Needmore Shale is aptly named! :)
Permalink Reply by Nancy LeNau on March 30, 2014 at 3:20pm

WOW !   Todd !    Great Information......   Thank you !   Looking forward to your visit !

Permalink Reply by Todd on April 1, 2014 at 9:17am

Thanks Nancy - Looking forward to it!

Todd

Permalink Reply by Tim Tarr on April 1, 2014 at 12:16pm

Hey, I just noticed someone must have eaten "The pickle". ; ) From the December presentation.

Permalink Reply by Todd on April 1, 2014 at 1:31pm
Ok thanks Tim for hanging out the Carrot in front of our faces! ;)
Please describe the pickle!
Todd
Permalink Reply by Tim Tarr on April 1, 2014 at 3:35pm

LOL. I thought that would happen.

From page 20 of the Barclays Conference dated Sept. 12 2013. Not December.

Seems to be outside of stacked play area. Either they wanted to emphasize that stacked play or going to just drop that "Sweet spot" subject.

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Permalink Reply by Todd on April 1, 2014 at 3:59pm
That's funny Tim that they referred to their Utica Shale Sweet Spot as "The Pickle"! Is that the only time they referred to "The Pickle"? If so, then they ate it quickly and completely! LOL

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