elm grove and exco

Has drilling in Elm Grove been put on hold by Exco, or are they

done?  We have leases which Camterra sold to Exco and

have seen Exco hold units with 1 old vertical well,

that result in poor monthly production, and not seen any signs of

new drilling in this area.

Does anyone know if elmgrove is a bust in caddo and

a plus in bossier?  Will we ever see drlling continue in sections such

as 033 and 034? We have 500 + acres in this area and

wonder if we should sell.

Views: 98

Replies to This Discussion

Permalink Reply by Skip Peel- Independent Landman on October 4, 2011 at 4:32pm
john, in what township are your sections 33 and 34 located?
Permalink Reply by john hamilton on October 5, 2011 at 5:55am

300+ acres in  033,16n-13w, 50+ acres in 034,16n-13w, as well as

40+ acres in 028, 26n-13w

 

 

Permalink Reply by Skip Peel- Independent Landman on October 5, 2011 at 7:52am
In your immediate area, but not in your sections at this point, Camterra has permitted new wells which are actually being drilled by Petrohawk.  Where this has occurred Petrohawk has sent lessors letters explaining that though the permits are in Camterra's name, these are Petrohawk wells.  Hopefully this recent agreement will extend to all the Camterra units not developed by EXCO.
Permalink Reply by ShaleGeo on October 5, 2011 at 7:55am

Camterra, what a great legacy they have compiled.  Embarrassing, IMHO.

Jay

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