Have you heard of any dry holes with Chesapeake?

Forgive me if this has already been discussed...

I had lunch yesterday with a friend in the oil business who told me he heard that leasing had slowed partly as the result of a few dry holes. I ask in what parish and he thought Red River. Has anyone heard this or am I way behind?

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Permalink Reply by missy on October 20, 2008 at 13:36
yes a banker in haughton told me the same thing but it is still rumour
Permalink Reply by Joe Hahn on October 20, 2008 at 16:14
Encana has the same problem in Red River Parish. They are currently working to increase pipeline capacity throughout the Martin Field

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