Monday, May 19, 2008

Haynesville Shale Updates - Thursday, May 15, 2008 thru Tuesday, May 20, 2008

Haynesville Shale
Large Natural Gas Deposit, Northwest Louisiana
Thursday, May 15, 2008
, May 20, 2008

Photo Credit: AubreyJ.........
Wells of Past, 1967 - Grandfather’s Farm - Red Shute Plantation


* The website brings us this article, (from Wednesday paper,) and it starts off like this... Shreveport Mayor Cedric Glover and members of his staff will be in Fort Worth, Texas, today meeting with Mayor Mike Moncrief... Glover is on a fact-finding mission and wants to pick up details about how Fort Worth has handled the natural gas drilling frenzy related to the Barnett Shale... A similar whirlwind is brewing locally with the discovery of the natural gas pocket the Haynesville Shale, which has property owners and public officials scrambling for information about how to adequately handle the influx of lease offers that have visions of riches dancing overhead... Glover is concerned about Shreveport citizens, many of whom are being approached about property leasing options by landmen who are going door to door. The city also will have to decide how to handle any prospective leasing of city-owned property...
Read the rest at link below...
People hunt for answers about Haynesville Shale

* has this report and it goes in part like this... Mainland Resources, Inc. has initiated plans through OPS to contract a drilling rig to drill a horizontal test into the Haynesville shale, and to acquire the necessary tubulars to drill and complete the proposed test. The Company expects to be ready to spud its first deep test in the area by mid June 2008...
Read the full report at link below...
Mainland Resources, Inc. Contracts OPS Group Ltd. as Operator for Haynesville Shale Drilling Test, Louisiana


* 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

* Chesapeake Energy Corporation

* Twin Cities Development, LLC


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


Past Post:
Sunday, May 4, 2008...
Playing the Haynesville Shale - Large Natural Gas Deposit in Northwest Louisiana

> Sunday, May 11, 2008...
Haynesville Shale Updates - Sunday, May 11, 2008


UPDATES: Friday, May 16, 2008
* website has this report up this Friday evening...
Shreveport Mayor Says Natural Gas Field Could Be Huge For City
Watch the video


UPDATES: Saturday, May 17, 2008
* had this Saturday news article...
As individual landowners in northwest Louisiana are getting flush with new cash through mineral rights leases connected with the Haynesville Shale, most public bodies are just now exploring their options as landowners...
Governments mull how best to get into shale game


UPDATES: Monday, May 19, 2008
* had this report up Monday and it goes in part like this...
...Bossier Parish seems to be the biggest winner when it comes to oil and gas revenue, at least as far as tangible results goes. Today, when a parish resident visits Tall Timbers Park or camps in the new primitive campground at Lake Bistineau, he is enjoying things that were built with oil and gas revenue.
Read the full article at link below...
Local government gets modest whiff of gas boon -- so far

put this report up late Monday evening and it goes in part like this...
Over the last several years, FST has been shifting its strategy away from material acquisitions towards a focus on heavy organic spending to accelerate development and production of its existing unconventional tight gas and conventional natural gas plays. This follows a period of major portfolio transformations that involved proportionately major acquisitions and divestitures as the firm moved away from its historic roots in short-lived reserves in the Gulf of Mexico and towards longer-lived onshore properties. Aside from the leverage incurred while mounting that transition, the asset base is now more bondholder friendly... Forest recently completed the previously announced $281 million acquisition of approximately 69,000 gross acres (47,000 net acres) of producing assets located primarily in its Ark-La-Tex core areas, with hoped for Haynesville Shale potential...
Read the rest at link below...
TEXT-Moody's release on Forest Oil


UPDATES: Tuesday, May 20, 2008

has this report and it goes in part like this...
...Not surprisingly, Chesapeake Energy (NYSE: CHK), is putting the Haynesville shale to the test. As the third largest producer in the United States, Chesapeake is no stranger to natural gas. Natural gas makes up 92% of the company's production... With success in the Barnett, Marcellus and Haynesville shales, Chesapeake has had an impressive year so far...
Haynesville Natural Gas - 1 of the Biggest Natural Gas Field in the U.S., and The Stock Play Behind It



No comments: