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Permalink Reply by Skip Peel - Mineral Consultant 6 hours ago

Yeah, Steve I do.  The answer in general is not for about another twenty-five or so years.  The more specific answer for Section 6 - 9N-11W is, its just getting started and has a long, long way to go.  You have only one well and it is on its last leg - 1452 mcf reported for December.  That section is proven for both Haynesville and Bossier shales and over time will get seven to nine more wells.  Chesapeake (EXE) will need to drill more wells soon.  Likely this year.  The timing depends on whether any mineral owners force the company's hand.  Chesapeake may attempt to wait to the last moment but your only well will likely not meet the production in paying quantities test in the next few months, maybe mid-year.

Drill, Baby, Drill is a silly political talking point with zero relevance.  I wish I could get mineral owners to realize that.

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