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Permalink Reply by Debbie D on December 7, 2010 at 12:05

What about west of Keatchie toward Texas? We're in t14 w16, section 32 and it seems pretty dead over there. At least our section was made a Haynesville Unit 4 months ago.

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Permalink Reply by Skip Peel - Mineral Consultant on December 7, 2010 at 12:19

There are 13 producing wells in Section 32. It is Held By Production (HBP) and Petrohawk will likely not be in a hurry to drill a Haynesville well until their farm out agreement with Coronado requires them to do so.

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Permalink Reply by Debbie D on December 7, 2010 at 12:39

Skip, do you mean El Paso as Coronado's parent company or does Petrohawk have a deal with Coronado? If so, we didn't know that. Thanks for your information.

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Permalink Reply by Skip Peel - Mineral Consultant on December 7, 2010 at 12:52

Debbie, sorry my color code was off on my tracking spreadsheet. Coronado does have the HA Unit order for Section 32. It's actually a combination of sections 31 and 32. The unit order was issued April 27.

http://dnr.louisiana.gov/cons/CONSEREN/hearings/2010/04APR/10-433ap...

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Permalink Reply by Les Bamburg on December 7, 2010 at 12:45

Debbie, the section next door has a Haynesville Shale well.

Coronado, Bagley 33 #H1 Well, Serial #240254, S33-T14N-R16W, DeSoto Parish, 11630 Mcfd, 17/64" Choke, 6650 psi Flowing Pressure

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Permalink Reply by Debbie D on December 7, 2010 at 13:04

Thanks Skip & Les. The Bagley well is good news..hopefully Coronado will continue to drill new HA wells in the area.

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