i did post the flow rates for the azz well, i think any investor there needs to closely look at them.
in light of the kennedy results and the recent results of petrohawk in dewitt county in the sugarkane i think the jvp is way way under the radar and way under valued.. imho.. right now i think the valuations given by brokers on the jvp are way way off. imho the results are nothing short of stunning in kennedy.. and i look forward to the frac results of easley in the very very near term
i am also very curious that the flow rate on kennedy have not been pointed out thus far, and there is little doubt that petrohawk think the region we are in, the sugarkane, is prospective, and their new blackhawk acreages in the sugarkane are producing brilliant results in dewitt. they have no qualms in giving out their 30 day flow rates on the spectacular krause well!!
so kennedy, bordovsky, krause and the recent pioneer well in dewitt speak for themselves
Pioneer scores Eagle Ford treble US independent Pioneer Natural Resources has notched up its third success in the south Texas Eagle Ford shale play.
UpstreamOnline staff 23 March 2010 12:18 GMT
The Charles Riedesel GU 1-1 well, in DeWitt County, flowed at an initial production rate of about 15.7 million cubic feet of gas equivalent per day on a 22/64 inch choke with about 6300 psi wellhead flowing pressure.
The well was drilled to a vertical depth of 13,800 feet and completed in a 4500-foot lateral section with a 14-stage fracture stimulation.
Pioneer chief executive Scott Sheffield said: �We are very pleased with the results from the Riedesel-1 which has high liquids content and one of the highest total combined gas and liquids rates reported in the play to date.
"The well is approximately 55 miles from the Crawley -1 discovery and confirms the potential of the northeastern portion of our Eagle Ford Shale position.
"Combined with our earlier success in the south-western portion of our acreage, this well further strengthens our confidence in the development potential of the 1750 Eagle Ford Shale locations we�ve identified, with most of these in the condensate window. "
this is the blackhawk material released yesterday
blackhawk sugarkane in dewitt county
in dewitt we see petrohawk have taken a huge chunk of the geosouthern land. so they like the trend and particularly like the oil there!! 53000 acres in one swoop.. WOW
the geosouthern wells mentioned in their presentation is indeed interesting
i have been watching all those wells, lanik 1 kickendahl and krause 2 are all recent wells on the go..
the geosouthern (now petrohawk) krause 1 flow of 3.3 mmcfpd with 1150 bopd is next to the conocophilips hooks well. it settled down to 3 mmcfpd and 960 bopd. nice result on a gel frac
ADI Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
