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re: Goodrich grabs big stake in Tuscaloosa formation

Posted on 7/24/13 at 1:25 pm to TheIndulger
Posted by dewster
Chicago
Member since Aug 2006
25654 posts
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Posted on 7/24/13 at 1:25 pm to TheIndulger
Here is some more information on this if anyone is interested:

LINK
LINK
LINK
LINK

The consensus is that Goodrich got this interest in the TMS play for a steal.
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Posted by cwill
Member since Jan 2005
54755 posts
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Posted on 7/24/13 at 9:49 pm to dewster
Goodrich got a "steal" because all other industry players said "NO!" The DVN AC is mostly garbage and the economics don't work.
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