scary, page-15

Good one, bwl123,

I like especially this part:


?Thanks in great part to all the public information now available on the internet, the tables have been turned on the big oil company. Now, those landowners who were patient, those landowners who were wise to wait to see how the Eagle Ford play would evolve, now sit in the enviable catbird seat. Just three years ago, during the land rush of the Barnett and Haynesville shale, operators bid up acreage there to $30,000 per acre for land that was far less valuable than any Eagle Ford acreage is today. Eagle Ford acreage in the oil window and the NGL part of the trend is today far more valuable than any so called sweet spot of the Haynesville or Barnett was even back then. Even with crude oil prices today trading at roughly half what they were three years ago, the liquids window of the Eagle Ford is far more valuable than any other shale, then or now, bar none.

I honestly don't know how high lease bonuses will ultimately go, but one thing is certain, prices and royalty are going higher, much, much higher, and in a hurry. The economics of the Eagle Ford are so strong that it could easily supports lease bonuses of $60,000 per acre and still remain profitable for the oil company to drill and operate. A fabulous fortune, a once in a lifetime fortune, lies under the ground in the oil window of the Eagle Ford. DON'T SQUANDER YOUR FORTUNE!?


Hopefully those, who got unnerved by the barking dogs, have time to get back in, in time.

Not long now.