I went on line and then called TRRC cause I couldn't figure it out. Talked with a woman named Nancy, absolutely no help. Called the office of John Pintera and a woman called me back. Her name is Ramona Nye. Super lady game me all that I asked for...until my internet crashed! Thanks ma. Bell, again. Kudos to Ms. Nye.
Latest financial and operation report released today by CHK reports ZERO NG hedges for 2012 and 2013. Typical AM "bet the farm" speculation. CHK is a giant land speculation /commodity speculation hedge fund with so much leverage it will now mortgage (VPP) or sell assets at <$3/mmbtu NG to cover a negative cash flow of $8 to $12B this year.
Over mid-term, AM is probably right, but near term cash market will be a disaster this fall if storage is full. This will only affect the cash…Continue
Added by w.r. frank on February 21, 2012 at 19:41 — No Comments
I am new to this site and have found so much interesting information. I have a question regarding permits.
I have 40 acres in Red River Parish and am currently not leased. There is a permit hearing on Tuesday (February 14th) in Baton Rouge asking for permits in my section (20, Township 14, Range 9 West). If Forest Oil is granted these permits how long are they valid or is there even a time limit?
Thanks in advance for any help on this issue,
Added by Jane Welborn on February 12, 2012 at 21:58 — No Comments
In the first half of 2011, the Big Four benefited from tight supply-demand conditions for many key services, as frenzied drilling activity in North American shale oil and gas plays strained the industry’s capacity to meet these needs.
In particular, a shortage of pressure pumping capacity–a service critical to hydraulic fracturing–had enabled service providers to push through substantial price increases in recent years.
Hydraulic fracturing is a process whereby producers pump a…Continue