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re: Goodrich Petroleum Up 30% on Tangipahoa TMS Well news (Blades)

Posted on 4/14/14 at 3:30 pm to
Posted by Nodust
Member since Aug 2010
22635 posts
Posted on 4/14/14 at 3:30 pm to
quote:

does the probability of being included in drilling activity increase as you get closer to the mid-line of the TMS? How precise is Seismology?

If you look at the amount of wells permitted, the hot spot is SE Wilkenson Co. and SW Amite Co. But with the Blades making a good showing that will expand.

Mississippi passed some tax encentives and that may be the reason for more exploration in Miss. But it will expand further if they can figure out how to get the oil out of the ground at a reasonable cost.

Good Luck
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