ELK 0.00% 1.4¢ elk petroleum limited

niobrara have we done enough, page-2

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    From the article:

    "Bids for parcels in the southeast corner of the state skyrocketed, shocking industry and government officials alike.

    The state sale in May brought in a record $45.6 million, prompting officials to quickly offer up the state's remaining parcels in the Niobrara for a special lease sale in July. That sale netted more than $42 million for 287 parcels, including one parcel that went for $3,200 per acre"


    One parcel of land went for $3200/ acre!!! If they don't know how to drill the ground maybe they should sell it for a premium to someone who knows what their doing!!
 
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