mini-baller
12-19-2007, 05:10 PM
fayetteville shale
black warrior basin (me rolling like thunder chasing the wind, holla)
that other one on the western side of the range in CO
i've been blabbing about this on HF and now i will blab about it here.
the fayetteville shale is huge. it's not leased up, it's close to home, mineral acquisitions are still cheap, and you're not going to be shaken down on service costs. it's like the barnett was a few years back. we began test drilling up there in late summer and so far all is tickety-boo save a few suspensions pending formation evaluation problems, and one giant blow out.
the point of the thread. pay attention to these little publicly traded outfits (some featured in the article) that are gaining momentum up there. thank me later.
http://www.fool.com/investing/value/2007/12/18/the-next-great-gas-play.aspx
black warrior basin (me rolling like thunder chasing the wind, holla)
that other one on the western side of the range in CO
i've been blabbing about this on HF and now i will blab about it here.
the fayetteville shale is huge. it's not leased up, it's close to home, mineral acquisitions are still cheap, and you're not going to be shaken down on service costs. it's like the barnett was a few years back. we began test drilling up there in late summer and so far all is tickety-boo save a few suspensions pending formation evaluation problems, and one giant blow out.
the point of the thread. pay attention to these little publicly traded outfits (some featured in the article) that are gaining momentum up there. thank me later.
http://www.fool.com/investing/value/2007/12/18/the-next-great-gas-play.aspx