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Permalink Reply by RBH on April 11, 2010 at 7:45

What does WSF initials stand for?

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Permalink Reply by Spring Branch,mineral owner on April 9, 2010 at 10:58

Sometimes things aren't as they appear. By my count, Petrohawk has 17 rigs drilling at the present time. I think that is about as many as they have had in the Haynesville and is apparently enough to get their Haynesville acreage HBP'd without losing desirable acreage. If someone has specific knowlege of HK moving out or stacking rigs, I would be happy for them to speak up. It is my opinion that when HK needs wells permitted to keep their rigs busy, they'll get 'em permitted. If they need a deep pockets partner to continue to HBP their acreage, they'll get a deep pockets partner. I have no doubt that deep pocket partners all over the world would love to participate in their acreage spread, both in the Haynesville and the Eagle Ford.

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Permalink Reply by Frank Martin on April 9, 2010 at 11:32

So, Spring, what you're saying is that they're drilling at as fast a rate as they can right now and that I shouldn't be dismayed because I'm not seeing a lot of "new" wells being permitted. Sounds good if that's why you're thinking...Thanks.

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Permalink Reply by Spring Branch,mineral owner on April 9, 2010 at 13:12

You got it, F.M. Permitting will probsbly go in spurts. Seems like about 4 or 5 weeks ago, many of the wells permitted were HK wells.

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