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Strategies & Market Trends : Natural Resource Stocks

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To: JimisJim who wrote (81810)	9/16/2009 2:58:32 PM
From: isopatch	Read Replies (1) of 108681

Been waiting all Summer for this one. Dominion just finished 5,000' well directly SE of our ground. Nexus, out of Jane Lew (small town near Weston) drilled the hole with mid-dept Ideco rig. Superior logged and fraced it. Parade of pump, fluid and sand trucks drove by us, Monday morning. A dang convoy! Over a dozen trucks. Alexander, Reilly 1, Reilly 2, R good Devonian shales were the target (considerably cheaper than Marcellus @ 7,000'). Additional attraction - those zones produce varying amounts of light sweet crude along with some NG. Although yet to hear how big the is, they sure spend some serious bucks on the frac! Should hear something definitive from my local contacts, in the next few weeks. Iso

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