No mention of LSBD at all, but there was this question and answer I found interesting.
"Jeffrey Campbell - Tuohy Brothers Investment
Good morning. When you put out the press announcement on West Virginia acreage acquisition, you also stated that Southwestern was considering dispositions of certain non-strategic assets. Just wondering if you could provide some color on what acreage might be behind this statement?
Steve Mueller - Chairman and CEO
I don’t know that we’re going to make much comments about that now. Stay tuned and in about three weeks, we’ll go in a lot of details on that."
I wonder if SWN is looking at selling off their LSBD leasehold or at least farming it out. I think SWN has put all their eggs into the Marcellus and Fayetteville, therefore it would probably best for eveyone if they were able to sell.
http://seekingalpha.com/article/2595935-southwestern-energys-swn-ce...
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In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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