Where are the companies going to lease next

Does any one know what direction they are heading to explore

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Permalink Reply by The_Baron on November 20, 2008 at 16:12
The moon. Buy your acreage now!
Permalink Reply by ALongview on November 21, 2008 at 5:15
I think they are still trying to define the limits of the shale through drilling, and they have a lot of land left to drill.
Permalink Reply by Richard Shreve Island on November 21, 2008 at 5:39
Only the Oil & Gas companies know. Unfortunately, they are covert about their prospective drilling sights.
Permalink Reply by The_Baron on November 21, 2008 at 6:16
Of course they are. You can't let your competition know what your doing!
Permalink Reply by The_Baron on November 21, 2008 at 6:43
Are you saying landmen should wear bells?
Permalink Reply by Bob Ballard on November 21, 2008 at 11:16
Probably around the Ajax area. T10N R10W.
Permalink Reply by Cathaus on November 21, 2008 at 11:47
OOOOOOOOOOOOHH a tasar attached around the Ajax area. That's gonna smart!
Permalink Reply by Snake Stewart on November 21, 2008 at 15:46
Come on girls , that even sounds worse then waterboarding to me !
Permalink Reply by Richard Shreve Island on November 21, 2008 at 11:48
Baron, it has been a topic of some blogs that the companies are acting more as partners, than competitors. Or would you not agree with them?
Permalink Reply by The_Baron on November 21, 2008 at 17:15
KB, are companies baned from cooperating?

If Albertsons and Kroger joined up would you be against the evil grocery stores?

No, because there are others, The market is not closed.
Permalink Reply by The_Baron on November 21, 2008 at 17:21
When you share leaseholds, you are forced to become partners. They did not start as partners. they were fierce competitors. But now, things are diffrent. I know for a fact that HK is a working interest in some of CHK new wells. Probaly because they had leases in CHk's units.

I would not be suprised, if CHK has done the same to HK.

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