SXA 0.00% 7.0¢ strata-x energy limited

re: Ann: Agreement Executed to Increase Illin... One thing to...

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  1. 46 Posts.
    re: Ann: Agreement Executed to Increase Illin... One thing to remember about drilling in Illinois is that it's "low volume' fracking.. This only produces approx one tenth of the oil as high volume fracking as it is done in the eagleford and Bakken..

    I believe the parliment in Illinois is voting around May which may then allow high volume fraccing which would make the value of the recent acquisition look pretty cheap.

    If someone with better drilling info than I can shed some light on the diffent results 'low volume vs high volume' fracking it would be much appreciated..

    Also, 90% of people in Illinois who are opposing fracking are from counties where there won't be any drilling !! What a bunch of muppets..

    http://www.ksdk.com/story/news/local/illinois/2014/01/03/illinois-fracking-final-day-for-public-comments/4301933/
 
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