elm grove and exco
Has drilling in Elm Grove been put on hold by Exco, or are they
done? We have leases which Camterra sold to Exco and
have seen Exco hold units with 1 old vertical well,
that result in poor monthly production, and not seen any signs of
new drilling in this area.
Does anyone know if elmgrove is a bust in caddo and
a plus in bossier? Will we ever see drlling continue in sections such
as 033 and 034? We have 500 + acres in this area and
wonder if we should sell.
Views: 141
Replies to This Discussion
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Permalink Reply by Skip Peel - Mineral Consultant on -
john, in what township are your sections 33 and 34 located?
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Permalink Reply by john hamilton on
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300+ acres in 033,16n-13w, 50+ acres in 034,16n-13w, as well as
40+ acres in 028, 26n-13w
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Permalink Reply by Skip Peel - Mineral Consultant on
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In your immediate area, but not in your sections at this point, Camterra has permitted new wells which are actually being drilled by Petrohawk. Where this has occurred Petrohawk has sent lessors letters explaining that though the permits are in Camterra's name, these are Petrohawk wells. Hopefully this recent agreement will extend to all the Camterra units not developed by EXCO.
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