Replies to This Discussion

Permalink Reply by bruce bratton on May 7, 2014 at 18:24

Thanks for posting this Bobi. I live between Minden and Dubberly and this will definitely help the economy and hopefully increase interest in the surrounding area.

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Permalink Reply by Max on May 8, 2014 at 2:43

I heard that a plant was going in north of Simsboro, Lincoln Parish, but haven't seen any information about it.  There is some drilling activity in the area by Wildhorse. 

Maybe getting ready to bust open....

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Permalink Reply by Skip Peel - Mineral Consultant on May 8, 2014 at 3:01

The "bust open" occurred about two years ago.  You just don't hear much about it as Wildhorse is a private company and generally doesn't put out press releases.  Since they are private there are no analysts following (and reporting on) them and no Q & As at presentations.  They fly under the radar excepting the occasional mention they receive here on GHS.

There is existing infrastructure to handle NGLs in this part of N LA that's been in place for years.  However as production increases year over year additional capacity is needed.  That's what the new facility is about.  It will not create much in the way of new jobs but every little bit helps.

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Permalink Reply by W. Marshall Shaw on May 9, 2014 at 12:46

My family helped Mr. Hodges and Mr. T. L. James cobble together the Sugar Creek Field, ca. 1930.  Ditto the Athens Field with Mr. Skelly, ca. 1948.  

Wildhorse is leasing all of our interest between Tulip and Marsalis.  I would be interested if anyone has a clue as to their purpose. 

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Permalink Reply by Skip Peel - Mineral Consultant on May 9, 2014 at 13:14

Wildhorse appears to be testing a westward extension of their CV liquids play in the Terryville Field.  They have a completed vertical CV well and two well permits in the Sugar Creek Field.

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Permalink Reply by KIM CASWELL on May 8, 2014 at 3:37

Any idea on the route of the pipeline?

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Permalink Reply by JG TOG on May 10, 2014 at 9:08

Skip is right, they have certainly been under the radar!! If one knows how to navigate Sonris Lite just pull up production by operator , by parish. Look at 2013 for Lincoln parish. It was an eye opener for me. Something like just over 600,000 bbls condensate and I think 40 BCF for the year. Don't quote me on the numbers but I think it was something like that. And they have drilled a lot more since then.

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Permalink Reply by Seimond S Evans on May 28, 2014 at 5:00

yes wildhorse stays under the radar. I did not know until recently that they are actually owned by another company who put up 100% of the finances to allow them to buy Petrohawks interest in the Terryville/Hico fields.  Forgot the companies name but they are about to go public companies IPO was listed over 700 million

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Permalink Reply by Hobbs on June 3, 2014 at 6:48

NGP (Natural Gas Partners) financed Wildhorse - I've attached one of the most recent and least technical of the internet clips on this relationship.

https://www.moodys.com/research/Moodys-rates-WildHorse-Resources-Te...

 

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Permalink Reply by Seimond S Evans on June 3, 2014 at 14:06

Yes this is the same Moody Report that I saw.  I was interested in knowing  who are the investors that make up the Natural Gas Partners?? Also, when reading the report I noticed that Wild horse took out a second loan with MRD. Memorial Resource Investors are the ones that I was referring to who are about to go public., When I looked closer I found out that they are actually the owners,

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