elm grove and exco

Has drilling in Elm Grove been put on hold by Exco, or are they

done?  We have leases which Camterra sold to Exco and

have seen Exco hold units with 1 old vertical well,

that result in poor monthly production, and not seen any signs of

new drilling in this area.

Does anyone know if elmgrove is a bust in caddo and

a plus in bossier?  Will we ever see drlling continue in sections such

as 033 and 034? We have 500 + acres in this area and

wonder if we should sell.

Views: 144

Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant on October 4, 2011 at 10:32
john, in what township are your sections 33 and 34 located?
Permalink Reply by john hamilton on October 4, 2011 at 23:55

300+ acres in  033,16n-13w, 50+ acres in 034,16n-13w, as well as

40+ acres in 028, 26n-13w

 

 

Permalink Reply by Skip Peel - Mineral Consultant on October 5, 2011 at 1:52
In your immediate area, but not in your sections at this point, Camterra has permitted new wells which are actually being drilled by Petrohawk.  Where this has occurred Petrohawk has sent lessors letters explaining that though the permits are in Camterra's name, these are Petrohawk wells.  Hopefully this recent agreement will extend to all the Camterra units not developed by EXCO.

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