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Strategies & Market Trends : Ride the Tiger with CD

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To: Nevada9999 who wrote (111536)4/15/2008 2:37:50 AM
From: E. Charters  Read Replies (1) of 313002
 
Um, I don't know if I would say that out loud. These guys look mean.



Sanders and Co. are family wildcatters that drilled the area for 30 years, before anyone else and found pay in overlying pockets.

Their paean on geology is merely saying that there are layers and levels to the Barnett shale formation that are older, perhaps 700 million older than the top. They drill the bottom shale and have had some success.

The bottom oil pay is Devonian as far as is known.

EC<:-}
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