Jack B2:
Did they ever start drilling? I passed by there before Christmas and it appeared they never did. What happened?
Bruce, the only thing I have heard with out speculation, is that new leases in the play will slow until releasing is complete in an effort not to inflate release options. In my opinion, for the play to progress into our area gas prices will have to improve and pipeline capacity available because of the depth of the fomation and the complexity of the geology with salt movement in the basin. In our area, the leases are going to be held by drilling for shallower production where the Mooringsport, James, Hosston and Cotton Valley will produce in paying quantities. Sun Exploration is looking at the Minden field area and I look to see activity in the Hosston/Cotton Valley around the dome with in the next 12 months, IMO.
Jack,
Do you know if Brammer Engineering is looking at a different formation than the Mauser well?
Thanks
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