the most intriguing aspect of this play is that its really a double whammy, there is certainly no dispute from anyone that the chalks themselves are going to take some 150 wells, but there is more,, double the reserves under the chalks in the shale, and imho the eme partner in the UK will announce at some stage over the next weeks perhaps what conocophillips has been discovering in marlene olsen..
it is my belief that in the very near term the wells like kunde 1 which is classified as gas well will have to change its status to an oil well and i have always believed this field will be a oil field as the east texas chalks field is..
train leaving the station, page-89
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$2.88 |
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Mkt cap ! $913.7M | |||
| Open | High | Low | Value | Volume |
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