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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: MIRU who wrote (160384)	2/28/2012 10:12:54 AM
From: bluezuu	Respond to of 206323

Thought this was interesting for Gasfrac ( GSFVF.PK). From the Quicksilver cc on Feb 27. In Colorado, where we have assembled 210,000 acres in what we have now have established the oil window of the Niobrara, our initial drilling results have looked better with additional production run time. We have drilled and completed 6 wells, testing the Niobrara, the last of which is a horizontal well. All of these wells are producing oil. We completed the first 3 vertical wells with oil fracs and the second 3 wells, 2 vertical and the horizontal, with a different style gas frac. This technique has shown significantly better results. The horizontal well, which frac-ed only about 1,500 feet of a 4,500-foot lateral, has a 45-day production average of 230 barrels of oil equivalent per day, primarily oil. The 2 vertical wells completed in this manner are steady producers with the best well averaging 120 barrels of oil equivalent per day, again, mostly oil, over the same 45-day period. seekingalpha.com

To: MIRU who wrote (160384)	4/13/2012 11:00:16 AM
From: Dennis Roth	1 Recommendation Respond to of 206323

NY enviros say LPG fracking needs separate environmental study Washington (Platts)--12Apr2012/443 pm EDT/2043 GMT platts.com A coalition of 15 environmental groups urged the New York Department of Environmental Conservation on Thursday to subject fracking with liquefied petroleum gas to the same environmental impact scrutiny it is giving to high-volume fracking with fresh water. The Sierra Club, the National Resources Defense Council and 13 other groups -- including Delaware Riverkeeper, Catskill Mountainkeeper and EarthJustice -- told DEC Commissioner Joe Martens that LPG fracking has its own environmental issues... ...The groups are reacting to news reports that the Tioga County Landowners Association has agreed to lease up to 135,000 acres prospective to both the Marcellus and the deeper Utica shales to Houston independent eCORP for drilling. Calgary-based GasFrac Energy Services last year signed a memorandum of understanding with eCORP to provide LPG fracking services in Europe. "We anticipate that we will enter into an agreement to provide our technology" for the Tioga project, GasFrac said in an operations update Monday. The environmental groups think the Tioga leaseholders are trying to pull an end run around the current hydraulic fracking ban by using LPG, not water. "The law is clear -- New York State does not permit gas drilling with propane, butane, or any other gases used in LPG fracking," the coalition said... ...The groups complained that little is known about LPG fracking and GasFrac's process is a trade secret. "We do know that LPG fracking uses a highly explosive gas as its fracturing agent mixed with dangerous chemicals, has significant waste disposal challenges, and the potential to forever alter the character and health of our communities..."