"EXCO purchased their Zavala acreage from CHK and that acreage isn't great by any means. Bluescape's owner is a bit loony I hear so it seems EXCO may have lucked out in terms of short term finances and found some "dumb…"
"Bankruptcy can be bad and good. Bad in the short term as the company won't have much capital to do new drilling, most likely they also haven't been doing much drilling leading up to the bankruptcy. The good is if a better…"
"Does anyone have an opinion on EXCO? They are taking a beating in the stock market. We have one our properties leased with them and they have been the best company to deal with, but I am worried about them with their stock prices so low"
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More