mpo announcment..., page-6

look out the knockers are back!!!

Actually I see this as a good announcement. Ok, Ok.. a dud hole in Pennsylvanian Allegheny sandstones in Mason County, West Virginia.. we already know this has got limited upside in this area comparing it to other plays they have got going.. (refer to the powerpoint put up a few weeks back)..

But for those with a keen eye and want a to do a bit of digging.. have a look in to “Ohio Shale zone”and Republic Energy, their hit miss ratio is pretty good.. they don’t like to put down holes that don’t produce..

I like this “Gas in the vicinity of the US leases is currently being produced from the Ohio Shale zone. The various target reservoirs represent a potential target resource for the joint venture of over 50 billion cubic feet.”

Just gets better…