karnes county, page-12

sharejon, happy to reply..

the locals here know very little about the play itself, i had a lot of meetings and spoke with many of them, i found they enjoyed meeting me, they learned a lot from me i think.. and many follow my posts and have invested in what i do. there are a handful whom are on top of it, but imho 90% of them know precious little

after visiting many sites in karnes and dewitt and indeed in all the efs counties i got a great overview. the types of people i was with did not lack knowledge, they were in all aspects of the industry, and most were specifically efs related

i cant say what rigs i went to or to what degeree i had access, nor which i got access to or which wells did what production, these things imho are commercially sensitive. but there are problems in the efs for the likes of karnes and dewitt. things are not set up on the ground to cater for what is happening in the field. that is very obvious. but i put the experience of the people i met and talked to, and my experience on the ground as well as my own research over anything your portraying in your post sharejon

if your saying that you know what is happening on the hilcorp acreages, and there are no issues for them in the region, so be it, but imho that is fantasy.. your not saying how you know this, and i am saying i know what i am seeing and i follow what was told to me..

seein is believin..

you mentioned the declines.. and you mentioned frac crews. and your saying hilcorp has the issues solved? i am following wells in dimmit and mcmullen that are spectacular for the region.. we know what redhawk is, we understand the issues for petrohawk in hawkville, and i follow the problems of the blackhawk and karnes situation.. but i see other issues, i see demands for the operators that will be tough to overcome

you mentioned hiway fracs.. just how much does slumberger negotiate with the operators for that process? if you knew what slumberger is negotiating in the hiway, and followed that research then i think you wouldnt be mentioning it as an option.. you have to rethink the reality of economics big time, tahts what the oil field is telling me the reality of slumberger is, and with some conviction.

so if your investing as a farm in partner in the very complex efs play.. then be on top of it.. dont guess..

there are some massive short trading going on with aut, and perhaps they are researched?

keep a watch on things sharejon.. and always DYOR.. i do..

hope things go well for the aut investors.. but be careful and understand and appreciate the complexities of farm in partnerships, and what a partner can do to a junior parter for commercial advantage, and believe me when i say that hilcorp will ALWAYS consider their BEST INTERESTS for themselves over any aussie invetsors in a farm in deal..

again all imho nad dyor