Replies to This Discussion

Permalink Reply by Dry Hole on August 14, 2012 at 18:08

dbob,

  Are you saying jffree has HOPE now and can look forward to days without depression ?  Maybe even get a call from a Landman? 

  Thanks for posting this, wish we had someone that could tell us all about Page 15

   I am wondering just HOW FAR EAST "EagleBine" leasing is taking place ?  Has it gone past my ear-shot ?

Permalink Reply by jffree1 on August 14, 2012 at 18:29

Oh, no... I'm not playing that game again, DH.  I learned my lesson with the Haynesville and I'll look for landmen when I see 'em turn in my driveway.  In the mean time, I have a pretty good network now and I'll just keep an eye on activity in my neighborhood like I've been doing for four years now (sigh).

Permalink Reply by Dry Hole on August 15, 2012 at 10:46

Dbob,

FYI --  HK is the ticker symbol for their stock it was 7.40 a couple days ago but now at 8.29

 Looks like p15 well logs show API #s for Houston and Trinity Co. 

 No doubt but what they are already leasing in Houston County and looks like their "Banker" is also involved with Navidad and other companies working HC.

Permalink Reply by blackjackjackson on August 15, 2012 at 11:30

i started another discussion about the halcon map on pg 18/19.

the lambright is next to kinkaid lake and

 about 16mi s.e. of bentley 34h.

broadway is near woodworth.

crockett (houston county) texas is 200 miles west of mcnutt cemetary (tms lambright & broadway are in rapides parish louisiana.

Permalink Reply by jffree1 on August 16, 2012 at 8:08

I have laid the Halcon Isopach map over Google Earth to get a birds eye view of the red line.  It is a little bit blurry when blown up that big but you can see where the warm colors (thicker intervals) are across the counties, at least, and approx. where the well line is on the ground.

Attachments:

• Halcon Isopach Overlay 2.jpg, 254 KB
• Halcon Isopach Overlay.jpg, 222 KB
• Isopach AC-Buda.jpg, 52 KB

Permalink Reply by jffree1 on August 17, 2012 at 5:22

Sun Resources (?) put out a press release touting a well they are participating in in the Woodbine.  The most interesting tidbit, though, was this:

Beeler-1H targets the same productive Woodbine Formation interval as that in the PMO Oil Field, which Halcón Resources Corporation paid Petromax Operating Company US$378 million (A$370.7 million) for a 75% stake in.

Anyone know where Petromax has been drilling the Woodbine?

Permalink Reply by norman folsom on August 17, 2012 at 6:34

petromax has been drill in leon co tx for about two years.

east of leona tx

Permalink Reply by jffree1 on August 17, 2012 at 7:19

Thanks for confirming Leon Co., Norman.  I did find the Beeler 1H permitted in Leon Co. by Manek Exploration.  

Permalink Reply by Randy Dym on August 18, 2012 at 5:39

jffree, Halcon has the same investment partners as Navidad, Encap out of Houston.

Permalink Reply by Dry Hole on August 18, 2012 at 7:25

 Manek is rigging up on the Beeler 1H  Now

  Halcon shows 2 rigs running 1 in Grimes county and 1 in Austin Co.

  Sorry Randy,

  I did not mean to give you the boot here ---- Should one view Encap as a investment partner or a Banker ?

Permalink Reply by Randy Dym on August 18, 2012 at 7:41

Dry Hole, they are investment partners in both. They have investments in a dozen other exploration companies all over the U.S..I dont know if they are their lenders also

Permalink Reply by Dry Hole on August 18, 2012 at 7:55

 Randy,

  This makes me wonder if say Navidad and Halcon should be viewed as "partners" or "competitors" if they are both working in the same general area ?

   Obviously Encap does not want them competing against one another for leases with their money so they must have some sort of middle man  working for Encap to prevent this

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