Tuesday, September 27, 2011

Another "River of Opportunity -- in Oklahoma -- Not A Bakken Story

Link here.
A mighty Mississippi is starting to flow in the middle of Oklahoma's resurgent oil and gas industry. This potential river of oil occupies what is called the Mississippi Lime - porous limestone formations in northern Oklahoma and southern Kansas. The liquids-rich region, considered tapped out by vertical drilling decades ago, has been yielding reservoirs to horizontal operators such as SandRidge, Chesapeake, Devon and Tulsa-based Eagle Energy LLC during the past two years. "I think it's probably the hottest play going in the country," Eagle CEO Steve Antry said.
The play relies less on fracturing than unconventional plays.

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