EXCO Analyst Meeting - A Ton of New Information (9/23/2009)

EXCO has just released information from their annual analyst meeting. Included was a statement about two recent wells with initial IP's of 30.1 & 29.6 MMcfd. There are also maps of the Haynesville Shale and Bossier Shale plays.

http://ir.excoresources.com/phoenix.zhtml?c=195412&p=irol-irhome

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Permalink Reply by w.r. frank on September 25, 2009 at 6:54
SB:

It really depends on the "b factor" (shape of hyperbolic curve). With a b factor of 1, you easily get an EUR of 10 bcf, according to Marcia Simpson at XCO (Barnett & Woodford range from 1.5 to 1.75). See slides 119, 120 and 121 of XCO presentation.

If you get 1 or more, the $$$ will come back in multiples!!

You have a high class problem. Congrats again.

wr
Permalink Reply by Rosebud on September 26, 2009 at 3:27
Spring Branch, nobody thinks in terms of "hundreds" anymore. How about a million, or a billion or a couple of trillion??? All ya' gotta' do is ask!!

Les, thanks as always for the information.
Permalink Reply by Grillin' - MmmMmm on September 25, 2009 at 6:52
Drinks?? Did anyone say drinks?

Congrat's SB. You may want to invest in some "advisors" on how best to hide that money from the tax man! Unfortunately, it's kind of hard to do that! Legally that is! So I guess instead of drinks, you'll be buying us a new section of I-20!!
Permalink Reply by Skip Peel - Mineral Consultant on September 25, 2009 at 5:13
They serve alcohol at the Christian Union Building? No wonder it is so popular. LOL! It is a landmark.
Permalink Reply by RBH on September 26, 2009 at 15:15
http://www.rrc.state.tx.us/forms/publications/ngtrends/2009/NatGasT...

ANYBODY KNOW HOW THE HAYNESVILLE COLLABORATIVE SHALE PROJECT THAT IS GOING ON-IF IT WILL COVER TX/LOUISIANA..ANY RESULTS OR DATA OUT OF IT --INCLUDES EXCO, PETROHAWK, BP, COMSTOCK NO NAME A FEW OF THE COMPANIES;

May 2009
Object Reservoir's Haynesville CEP featured in TX Railroad Commission Newsletter
Newsletter

April 2009
Object Reservoir Announces Haynesville Shale Collaborative Exploitation Project (CEP)
Press Release
Permalink Reply by sesport on September 27, 2009 at 2:47
http://www.epmag.com/archives/features/5920.htm

http://www.objectreservoir.com/NewsRoomSub.aspx?ID=145

I saw this awhile back, mostly Greek to me, but I understood enough to figure it may be significant.

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