Missing Out Of The Major Gas In Haynesville Shale Play
Posted by Kite Energy,LLC on Sunday, August 09, 2009
Location
Texas
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Chesapeake Energy has missed out of major gas production that will be produced from the Haynesville in Sabine and San Augustine Counties of Texas. They should have 20 times the acreage position than they have now in Sabine County. They have always explored and have been very successfull in the deeper part of most plays. I do not understand why they have been so limited to date of the exploration of the best part of the Haynesville shale play. If they don't get started very soon, they will lose alot of needed profit to shareholders. Devon and Crimson are believers by drilling in San Augustine county. Looks like Range Production will prove Sabine productive after they drill the 2 wells that they have planned now.
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