Fantastic hearing those statements from the company. We know SEA doesn't like to ramp up their projects, so this sounds promising.
"If successful, this [Logan County] prospect has the potential to be the largest and most valuable asset in our current portfolio".
Those are big words considering the value of the proven Eagleford acreage.
Also on page 74, Anadarko Acreage has increased to ~41,000 acres (from 38,000), and considering previous company statements in the Acquisition documents (for the TXN M&A deal), my educated guess would be that these 3,000 additional net acres would be in Logan County as well.
SEA Price at posting:
$1.09 Sentiment: LT Buy Disclosure: Held
