Sunday, May 11, 2008

Haynesville Shale Updates - Sunday, May 11, 2008

Haynesville Shale
Large Natural Gas Deposit, Northwest Louisiana
UPDATE:
Sunday
, May 11, 2008
Photo Credit: AubreyJ.........
Wells of Past, 1967 - Grandfather’s Farm - Red Shute Plantation
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* The Shreveport Times website brings us this Editorial and it starts off like this... With any opportunity comes challenges, and so it is with the prospects for a natural gas bonanza in northwest Louisiana... Along with the big paydays for those directly and indirectly involved in this resurrected industry, there should be natural questions about how best to protect our people, public investments and environment from unnecessary harm...
Read the rest at link below...
Start minimizing fouls from Haynesville 'play'

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* Links of Interest *

*
Louisiana Office Of Conservation -
Home Page

*
Louisiana Office Of Conservation -
2008 Schedule of Public Hearings

*
Louisiana Department of Natural Resources -
Home Page

*
Photo Galleries by the Shreveport Times -
Haynesville Shale

* FeedChief.com...
(This site has LOTS of News Links about the Haynesville Shale story)
Click it out HERE

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More UPDATES:
Monday
, May 12, 2008

* PrimeNewsWire.com has this news release by Cubic Energy, Inc on Drilling and Completion Schedules within the Haynesville Shale. It starts off like this... Cubic Energy, Inc. (OTCBB:QBIK) ("Cubic" or the "Company") announces today it plans to drill two new wells to the Haynesville Shale in the Company's northwest Louisiana acreage. The anticipated total depth of each well is 12,000 feet. The Estes 7 No. 1 is expected to spud within thirty (30) days, followed by the Red Oak Timber 5 No. 1. These wells will be Cubic's first drilled through the Haynesville Shale in the Company's southern acreage in Bethany Longstreet in Caddo and DeSoto Parishes, Louisiana... Cubic has a 35% working interest in these wells. Cubic is also planning completion of four wells located in its Johnson Branch acreage...
Read the rest HERE

* CNNMoney.com put this report up Monday and it starts off like this...
A natural gas deposit deep beneath parts of Arkansas, eastern Texas and northwest Louisiana is the focus of the latest U.S. energy boom, with hedge funds making bets on the three companies vying to develop the area... Chesapeake Energy Corp. (CHK), in Oklahoma City, Okla., the nation's third- largest producer of natural gas, has thrown its weight behind a push to extract gas from what's known as Haynesville shale play, a largely untapped vein of shale buried up to 11,000 feet deep. But some hedge funds are seeking better returns from Haynesville through smaller energy companies - Petrohawk Energy Corp. (HK) and Goodrich Petroleum Corp. (GDP), both in Houston...
Read the rest at link below...

Natural Gas Land Grab Puts Spotlight On Small Developers

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