- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
grndtikal
| Favorite team: | |
| Location: | shreveport |
| Biography: | |
| Interests: | |
| Occupation: | anesthesia |
| Number of Posts: | 2 |
| Registered on: | 7/18/2008 |
| Online Status: |
Recent Posts
Message
Today in the Shreveport Times it was stated that it may take several years to get all available land under lease. Leases that expire with no production can be leased again. Using the Barnett Shale as an example, it would probably be at very high premium. Those that leased last leased for the most $$$$. For a sample lease ck out (Google).
Burleson Hold Out community association. Gas-lease.org for a ck list. Also remember that drilling rigs need water. If you have a large pond you can make a lot of money selling the water to them.
Burleson Hold Out community association. Gas-lease.org for a ck list. Also remember that drilling rigs need water. If you have a large pond you can make a lot of money selling the water to them.
0
re: Haynesville Shale
Posted by grndtikal on 7/19/08 at 11:30 pm to tigernorth
CHK price is near where it was on May 1, 2008 $52-54. Before HS heated up. Things to think about .Similiar production cost may be close to $ 2.00 a thousand cubic feet. Gas prices are $ 10.00 or so. CHK is paying near $27,000/acre in the Barnett Shale zone. HS may have 3-6 times more gas per acre. Chesapeake (CHK) is paying much less than for HS acres. One could speculate that a fair market price would be Much, Much higher. Therefore the bargin prices should greatly benefit the company and their stockholders. Barnett Shales best wells produce 10 million cubic ft per day. Haynesville is 17 and thats under choke. CHK intends to put about 8 wells per section.(Do the Math!) Chesapeakes CEO bought 750,000shares july 16, @ $57 per share.
Popular
33
