Replies to This Discussion

Permalink Reply by Chester Fairfield on April 25, 2011 at 3:38

Any updates on this?

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Permalink Reply by Skip Peel - Mineral Consultant on April 25, 2011 at 3:42

There is still no rig assigned to this well as of last Friday.

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Permalink Reply by jeff boler on May 4, 2011 at 5:58

Vision Exploration has a nice summary written about the potential of the brown dense, it can be viewed at their website... very informative...

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Permalink Reply by treeman on May 4, 2011 at 8:05

jeff -- where do you find this in their website?

thanks, treeman

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Permalink Reply by treeman on May 5, 2011 at 2:37

Thanks tony,

Very interesting. Let's hope that this is the next big play in North Louisiana.

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Permalink Reply by The_Baron on May 5, 2011 at 7:55

So far this play has done nothing but harm the small operators, wildcattters and royalty owners.

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Permalink Reply by P.G. on May 5, 2011 at 8:00

Harmed?

Permalink Reply by The_Baron on May 6, 2011 at 3:45

Absolutly.

 

There are big players tying up vast tracts of land with 4 year leases with 4 year kickers.

 

This is causing many prospects to go undrilled, because smaller operators and wildcatters can't get the acerage blocks we need. We would have drilled two to three wells in south AR this year, but were unable to get enough land leased. the big players, whose leasing agents include Triad and Pinebelt refuse to do any farmouts (that I know of). This in turn hurts the Royalty owners, by preventing them from having any production in the near term. It also ties up vast tracts of land for such a long period, that the mineral owners are essentially denying themselves the opportunity to lease later if this mythical play turns out to have any merit.

 

 

Permalink Reply by North LA on May 6, 2011 at 4:17

Who are the big players?

Permalink Reply by Polly Ann Foote on May 6, 2011 at 7:11

EOG has assigned a large number of leases from Atlanta Exploration and Border to Pinebelt so it looks like they are out of the game.

Southwestern Energy has built a natural gas refueling station outside Damascus Arkansas.

Permalink Reply by Herman (Chuck) Plonnigs, III on May 6, 2011 at 8:16

Where, may I ask, were all these “smaller operators” and “wildcatters” 12 months ago before the “big boys” moved in?

Permalink Reply by Susie on May 7, 2011 at 5:10

Anyone know who bought Jag/Sequel/RLI?

I was told Jag hit 4 out of 4 (oil) in Arkana and moved rig to Springhill, around old packing plant looking for bounderies.

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