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re: Haynesville Shale
Posted on 5/16/08 at 8:56 am to TigerHeel 99
Posted on 5/16/08 at 8:56 am to TigerHeel 99
We've got interests with CHK and Samson under a lot of this stuff, so I can't relay any information, except that yes people are buying a bunch of crap acreage. Watch three years from now when a lot of this "fringe" acreage goes to smaller players in fire sales. I can tell you that there is no way this thing goes to Arkansas like some of the rumors are speculating. Also, I've already made close to $10 per share on Petrohawk stock and about the same on Chesapeake stock since February. It's probably still a good time to buy either one and sit for a while.
2
Posted on 5/16/08 at 9:41 am to TigerDog83
Where do you think the boundaries on economically profitable acreage on this formation lie?
Posted on 7/20/08 at 10:31 am to TigerDog83
Dog, you always seem knowledgabe regarding this play. What @ smaller companies in the play like Cubic Energy, Gulf Coast Energy, Mainland Resources? Any others you can recommend? Don't you think they will eventually be absorbed by the big guys & at same time their numbers will go higher?
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