landowner

the south arkansas horizontal well results

deltic stock is going nuts i guess because they have such a huge

mineral interest in the brown dense area and the leasing companies

are still going full bore so i would conclude that the well is a smoker.

anyone else have any insight?

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Replies to This Discussion

Permalink Reply by DavidR on December 31, 2010 at 8:48
Bussey, AR gets you within about 3 miles of the site.
Permalink Reply by Aubrey C. Sanders, Jr. on December 31, 2010 at 11:03

NNW of Walkerville, AR (AKA Jot Em  Down) or Connel Smiths Store which is north of Old Shongaloo, La (my Birthplace)  

 

HAPPY NEW YEARS JUDY AND ALL WHO PASS THIS WAY

 

Aubrey

Permalink Reply by Aubrey C. Sanders, Jr. on December 31, 2010 at 12:29

Judy,

 

I think we are not picking on U. I don't know where U are or who  U are, but my favorite sister just happens to be Judy. Thank you much for Happy New Years wishes. Perhaps I started celebrating a little early

Permalink Reply by Peggy Maloch on December 31, 2010 at 12:37
Aubrey, I know about Jot Em Down -- we may be the only ones that remember that time and term.

Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on December 31, 2010 at 13:12

Not hardly.  I stop in to say howdy to Lum and Abner at least once a year.  In Pine Ridge, AR.

 

http://arkansasroadstories.com/lumabn.html


landownerPermalink Reply by North LA on January 3, 2011 at 15:20

Les,

 

How many bopd would you estimate with a "very strong smell of oil". I would estimate at least 3,000bopd :) Just kidding. Thanks for all of the updates and please keep them coming.

Permalink Reply by Aubrey C. Sanders, Jr. on January 3, 2011 at 15:31
Maybe 2,000 BOPD

landownerPermalink Reply by North LA on January 3, 2011 at 16:23

:)

 

I really would like to see a picture of the flare though.

Permalink Reply by Taylor on January 4, 2011 at 3:08
We bought some DEL stock after Christmas. Interesting to watch.

landownerPermalink Reply by L Davis on January 4, 2011 at 4:54

Deltic is an asset (450k acres of pine timberland) intensive company that generates fairly low returns on it asset value,   In their 3rd qtr report they report $1.5 M of mineral interest revenue (from the Fayetteville shale).  A very small amount of Gr Revenue.  The brown dense could impact Deltic but lumber prices (their main commodity) have been going up recently.  About the only comment that Deltic makes on its mineral interest is to report the mineral revenue.  Much of Deltic stock is owned by Murphy Oil stockholders because Deltic was spun off from Murphy as a stock dividend in 1996.

 

For a Map of Deltic's land, go to  http://www.deltic.com/company/index.html 

Permalink Reply by Taylor on January 4, 2011 at 6:11

I've seen it, thanks.


landownerPermalink Reply by North LA on January 4, 2011 at 4:27

"Profit-taking, I would assume." 

 

Wouldn't it go down if it were profit taking? Just a mutual fund investor so I was wondering.

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