Replies to This Discussion

Permalink Reply by XAM on April 5, 2012 at 3:22

Thanks for the photo.  Please indulge us with your IP numbers.  It will make you look good when the actual numbers come out!!!!

Permalink Reply by North LA on April 5, 2012 at 5:54

I think we should wait until after the clean up. These are just rumors and I don't want to mislead either way. You could probably guess a number and be just as reliable.

Permalink Reply by Lee Max on April 5, 2012 at 8:44

Has anybody locally heard any IP numbers?

Permalink Reply by obed w odom on April 5, 2012 at 4:26

Great photo! My contacts, who live about 2.5 miles from the Garrett location, said they first saw the flare the night of 4/2/12, as I reported. A security guard at the location, however, told a fellow Shaler that the well had been flaring for 3 weeks. If that is the case, the flare must have suddenly gotten much brighter. Hopefully, this is due to increased output, but could they just be changing the choke settings?

Permalink Reply by Steve on April 5, 2012 at 12:54

The bigger flare is probably because the well has unloaded a lot of the frac fluid

Permalink Reply by L Davis on April 7, 2012 at 5:00

SWN has posted on their website that Friday May 4 @ 9:00AM  will be their first quarter earnings conference call.  Maybe we will learn something at that time.

Permalink Reply by obed w odom on April 7, 2012 at 7:46

SWN is also scheduled to present on Monday, April 16, at 2:00 pm EST at the IPAA Oil and Gas Symposia in New York. Don't know how much BD info they will give, but at least there will be a webcast.

Permalink Reply by obed w odom on April 16, 2012 at 5:38

Just a reminder of the above webcast at 1:00 pm CDT today. One can sign up to listen at the SWN website.

Permalink Reply by Big McInnes on April 16, 2012 at 7:22

Just heard the Brown Dense portion of the presentation. They neglected to mention any production rates on the Garrett and also did not give an update on the clean up in their first well. He did mention the picture of the gas flare making its way around the internet and said, yes we are producing natural gas and there are hydrocarbons included. He said the well has been in production for 30 days and 20 % of the fluid has been returned, he said they would give us more info on each well on the next conference call. SWN is still hopeful the BD will replace most of the FVS production that will be lost in coming years. Still seems to be a positive play in their minds and mine as well. Lets all stay positive! North Louisiana needs another play to keep us all busy and at home instead of traveling.

Permalink Reply by obed w odom on April 10, 2012 at 7:45

Almost alone among energy stocks, and the market in general for that matter, SWN is up about 0.48% today as I write this. Good sign I hope.

Permalink Reply by North LA on April 10, 2012 at 8:32

Rumor that Chevron may buy them. Just a rumor from seeking alpha.