All of the operators in the Eagle Ford have the same strategy, which is to lease acreage for peanuts and then flip and finance all their operations on the backs of the uninformed landowner.
Study the slides below and you will see how operators plan on exploiting landowners.
In 2 half of 2010 and 2011 Chesapeake will focus on recapturing significant portion of these new leasehold expenditures through joint ventures and asset monetizaitons
Relatively shallow formation results in lower drilling and completion costs
Value of liquids is 3x more valuable than gas on BTU basis which makes the actual production today equal to, or greater than the acreage in Haynesville and Barnett purchased at $30,000 per net acre
OPERATORS CAN ONLY EXECUTE THEIR LANDOWNER PREDATORY PLAN SO LONG AS LANDOWNER'S ARE IN THE DARK AND UNINFORMED. DON'T BE A VICTIM OF BIG OIL! STAND UP FOR YOUR RIGHTS! DEMAND FAIR COMPENSATION AND SUA TREATMENT. JUST SAY NO TO LOW BALL OFFERS.
THERE ARE NO DRY HOLES
EAGLE FORD SHALE COST HALF TO FRAC COMPARED TO HAYNESVILLE & BARNETT
SHALE ZONE IS THICKER ALLOWING FOR UPPER & LOWER COMPLEX MATRIX COMPLETION
EAGLE FORD SHALE, ESPECIALLY OIL WINDOW ACREAGE IS WORTH FAR MORE THAN THE $30,000 & 27 1/2% ROYALTY PAID IN HAYNESVILLE AND BARNETT