Replies to This Discussion

Permalink Reply by BirdDawg, plain ole' idiot on December 25, 2009 at 13:58

Thanks Les, this should be very interesting.

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Permalink Reply by Wolverine on December 26, 2009 at 11:09

Oh Yes!!! Exactly What I Like To Hear!!! Thanks Les!!!

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Permalink Reply by Skip Peel - Mineral Consultant on December 27, 2009 at 11:22

http://www.gohaynesvilleshale.com/group/NorthCaddo/forum/topics/dev...

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Permalink Reply by caddo lake on January 12, 2010 at 3:57

Has anyone heard of any rumors or care to speculate on what Devon might know? Have land in 20-15-20 and this news is interesting indeed.

Thanks

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Permalink Reply by Skip Peel - Mineral Consultant on January 12, 2010 at 4:05

http://www.gohaynesvilleshale.com/group/NorthCaddo/forum/topics/dev...

This activity is about 4 to 5 miles due east of you. Although the units are in 20N - 14W ( Caddo Parish) Devon has taken additional leases on the Bossier side into 20N - 13W. I am also curious as to the prospect represented by these units but doubt that we will know until wells are permitted as Devon is noted for not making their intentions public.

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Permalink Reply by caddo lake on January 12, 2010 at 4:36

Thanks Skip!

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Permalink Reply by Spring Branch,mineral owner on January 12, 2010 at 22:03

Skip, when did Devon buy the leases in the various sections of 20/14 which comprise the Unit Applications? Are they still actively acquiring leases in the northern parts of the play? If they are serious about their "solution" to the northern part of the play, they will be the one that acquires Chesapeake's northern Caddo/Bossier acreage.

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Permalink Reply by Skip Peel - Mineral Consultant on January 13, 2010 at 5:06

SB. I agree that some of the CHK north Caddo and north Bossier leasehold would seem to be a good fit for Devon. The Devon leasehold I mention was acquired over the last year. The leases where the units are located were acquired last summer.

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Permalink Reply by Les Bamburg on January 12, 2010 at 17:40

CL, it seems Devon believes they may have the solution required for the northern edge of the play. If they drill successful wells in these units, there is no reason to believe they couldn't replicate that in your area. Realize Devon has probably drilled over 5000 wells in the Barnett Shale in all parts of the play and that gives them a lot of experience and information with shale gas plays.

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Permalink Reply by Taylor on January 13, 2010 at 1:26

I hope that is the case. Good to know. As always, Thanks!

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Permalink Reply by DJG on January 12, 2010 at 5:27

Devon has an investor event scheduled for next Tuesday.

It will be interesting to see what information, if any, they might divulge regarding this area of Louisiana as well as updates regarding their Kardell and other E.Texas spuds/completions (Warr Unit/Shelby Co, Whitton/Shelby Co.) at that time.....


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Devon Energy Announces Upcoming Investor Event
OKLAHOMA CITY, Jan 12, 2010 /PRNewswire via COMTEX/ -- Devon Energy Corporation (NYSE: DVN) today announced its management will present at the IPAA Oil and Gas Investment Symposium in Hollywood, Florida, on Tuesday, January 19, 2010, at 1:40 p.m. Eastern Time. The event will be available to the public via internet webcast.

A link to the webcast will be accessible from Devon's home page at www.devonenergy.com on the date of the event.

Devon Energy Corporation is an Oklahoma City-based independent energy company engaged in oil and gas exploration and production. Devon is a leading U.S.-based independent oil and gas producer and is included in the S&P 500 Index. For additional information, visit www.devonenergy.com.

SOURCE Devon Energy Corporation

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