a reminder, page-17

Hi there Oilman1,

I got the numbers from this interview with John Dill from CHK.I've always wondered if he has kept the numbers down a little ? CHK if you keep an eye on market events are still pretty active in the niobrara purchasing and APD applications.So why raise the excitement and prices per acre if you are still active in the market place ?

Wells drilled by Chesapeake Energy Corp. and others have shown an initial production equivalent to 500 to 1,700 barrels of oil per day, said John Dill, a Chesapeake spokesman. Dill estimated an ultimate recovery total of more than 500,000 barrels of oil equivalent per well.

If it plays out, its going to take us a very long time to develop this field its not a flash in the pan,Dill said.



FULL ARTICLE HERE