Jack B2:
Did they ever start drilling? I passed by there before Christmas and it appeared they never did. What happened?
Bruce, the only thing I have heard with out speculation, is that new leases in the play will slow until releasing is complete in an effort not to inflate release options. In my opinion, for the play to progress into our area gas prices will have to improve and pipeline capacity available because of the depth of the fomation and the complexity of the geology with salt movement in the basin. In our area, the leases are going to be held by drilling for shallower production where the Mooringsport, James, Hosston and Cotton Valley will produce in paying quantities. Sun Exploration is looking at the Minden field area and I look to see activity in the Hosston/Cotton Valley around the dome with in the next 12 months, IMO.
Jack,
Do you know if Brammer Engineering is looking at a different formation than the Mauser well?
Thanks
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
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