Replies to This Discussion

Permalink Reply by obed w odom on July 25, 2012 at 6:29

Well, we're on the LA side of the state line, but just barely. Time will tell.

Permalink Reply by obed w odom on July 25, 2012 at 6:14

Barbara and Baron,

I get Baron's point also, but the renewal at least indicates they aren't regarding the property as "goat pasture" yet. Thanks for your good wishes Barbara, and I'm still hopeful.

Permalink Reply by Lee Max on July 26, 2012 at 15:47

There are plenty of penetrations of the Brown Dense in East and West Carroll. Additionally, each parish has a whole core though the Brown Dense. Albeit not as many holes as Union. The reason for starting in AK is that you have to start some place. It does not mean that it will not ultimately produce at commercial rates. We only have a handful of holes that have been drilled and completed horizontally. To date and in my opinion LA looks a lot better not only on current results but also on what I think I know about the geology. The key is what I think I know? No one has a magic ball, not EXXON, SWN, and surely not me. If oil and gas exploration was an exact science the first hole drilled by SWN would have been 1000 barrels plus a day. This is a process and the risk is commensurate with your financier

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