overview of sugarkane, page-244

i recommend anyone with long term views on the project listen to the feb 17 presentation by txco

http://www.txco.com/presentation.html

anadarko is doing a jvp farm in with them, and runs the show on their recent eagleford well, they put in a 10 stage frac on that well and will not disclose their results. (reminds me of conoco and the kunde 3 well!)

they did get some results from 5 stage fracs in the eagleford open hole, they were all short completions, 2500 feet.. but i get the impression this last well was designed differently in their engineering of the frac, with a 10 stage multifrac, but i got the impression they did the last well with a cemented liner.

all operators including petrohawk have had their problems with the overpressurised shale, and all operators say they are finding better solutions after each completion.

you have to keep in account that TCEI is headed up by mr fluor, he sits on the board of anadarko, they have extensive exposure to the eagleford shale and chalks play that trends throughout this very active region across texas

TCEI is also in a jvp with conocophillips who are equally interested in this play.. both anadarko and conocophillips are the type of players that can take on a project this size, and both are doing extensive work on these eagleford and chalks regions..

time to track down and study this last completion of TXCO/anadarko well..