NOTE:  THIS IS A DUPLICATE OF THE DISCUSSION POSTED IN THE N CADDO GROUP.  I AM INCLUDING IT HERE AS A COURTESY TO OUR BOSSIER MEMBERS.  HOWEVER IT WILL SERVE NO PURPOSE TO HAVE DISCUSSION COMMENTS ON THE SAME PLAY IN BOTH GROUPS.  THEREFORE I WILL ONLY POST IN THE N CADDO GROUP.  IF YOU ARE NOT ALREADY A MEMBER, JOIN N CADDO AND MAKE COMMENTS THERE SO THAT WE CAN KEEP ALL THE INFORMATION IN ONE PLACE.  THANKS AND GOOD LUCK, SKIP.

After several months of reviewing leases by Tacoma Energy, HEP Energy and EQX for lands from Hwy. 1 just south of Caddo Lake eastward to the river and extending somewhat into Bossier Parish I am relatively sure that the target is the Annona Chalk.  The client upon whose behalf the listed land companies are taking or have taken leases also acquired a couple of state leases in the Soda Lake area through New Holdings LLC.  That and the recent permitting of two wells by Petro-Chem Operating Company lead me to believe that the first wells will be drilled soon.  The Mills & Co 6 #1 is a vertical likely sited to test the northern limits of the prospect.  The Chevron USA Inc 7H will be the first horizontal attempt at economic production.  Although it is possible that Petro-Chem is behind the prospect with some investor assistance, it may be that they are fronting for a bigger energy company that would prefer to remain unknown until the initial wells deliver enough science to validate the play and help define the extent of the productive fairway.

CADDO 01 244950 MILLS & CO 6 001 29-MAY-12 P289 006-20N-14W 2152 CADDO PINE ISLAND 1700  

CADDO 01 244951 CHEVRON USA INC 7 H 001 29-MAY-12 P289 007-21N-15W 2152 CADDO PINE ISLAND 6210

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Thanks, Skip, for the heads-up.  Will do.

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