logan county, page-3

No worries whynot,

I've honestly never felt more comfortable and confident in holding a share than I do with SEA right now (I've only been investing for a few years, mind you). The O&G game is about having the right land in the right area, with the right management and possessing the right strategy. SEA ticks all those boxes.

The Mississippian is by no means a perfect play, high water cuts are a bit of a nuisance for operators and requires additional infrastructure to pump the water back in the ground, but even after those costs the economics are as good, if not better than what we're seeing in the sweet spots of the Bakken/Eagleford.

Chesapeake have not stopped leasing (judging by recent Government Oklahoma land sale records), despite having 2 million odd acres, we all know about what Sandridge thinks of the play, and Devon/Shell have now joined the party. I'm sure that eventually the market will realize how good the Miss Lime is, and how cheap SEA is for that matter. IMO anyway.