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Comment by ALongview on April 6, 2009 at 6:12

Sandstone, Their first was on the Louisiana side in Desoto I think. They released results of 4.1 million cubic feet per day but said they thought that something went wrong in the drilling process and somethig was broken off. The second is in Quirk in San Augustine and they are already aquiring land for pipeline to this well according to landman. Good sign I think.

Comment by Sandstone on April 6, 2009 at 4:05

DR, do you know where St. Mary's first Haynesville well was and the results of it?

Comment by JWC on April 6, 2009 at 3:56

Thanks DR. This well must be on the Quirk, T survey that is located 4 miles north of San Augustine.

Comment by DR on April 6, 2009 at 3:03

From St. Mary Land & Expl.'s press release, today:

St. Mary has 10,000 net acres with potential for the Haynesville Shale in Louisiana, 4,200 of which are located in the Spider Field. The remaining 40,000 net acres of the Company’s total 50,000 net acres are located in East Texas. St. Mary’s second Haynesville well has commenced drilling in northern San Augustine County, Texas. After coring the Haynesville section, this well will be drilled down to the deeper Cotton Valley Lime formation for evaluation purposes. St. Mary currently expects to complete the well as a vertical Haynesville test.

Comment by ALongview on March 31, 2009 at 14:32

This is all great news. Anyone with some inside knowledge of this.....please feel free to share your insights.

Comment by JWC on March 31, 2009 at 4:46

Another comment from OilVoice....hope they know what they are talking about.

The wells that have been drilled , drilling and permitted indicate a more of a Northeast to Southwest direction into Texas. This sets up Shelby,Sabine and San Augustine counties to be very active in this play.More likely it will be Devon or XTO to step out and prove up this deeper part of this play.

Comment by intrepid on March 30, 2009 at 18:34

Any talk about Cabot parterning up with BP on the HS wells?

Comment by JWC on March 30, 2009 at 10:27

Sounds good. Thanks DR.

Comment by DR on March 30, 2009 at 10:14

JWC, Cabot had some ~30k net acres back in Oct/Nov if (I remember correctly) at County Line. Now they say they have over 60K. Looks like they have been busy building their acreage. Crimson says that will continue to lease in 2009 to complement their existing lease position.

Comment by JWC on March 30, 2009 at 8:18

Thanks DR. Any word on any more leasing in this area?

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