This is a cut and paste from my "wells to watch" page because I'm too busy right now to clean it up:
Special Circumstances: the Alger Excitement
18647 (C): Fidelity, Anderson 11-13H
17392 (C): BEXP, Anderson 1-11H, is in section 11. PERMIT CANCELED, MARCH 19, 2010. WOW, that's an interesting turn of events. 11-155-92. A companion permit, Olson 5-6-1-H, 5-155-92, was also canceled same day. The Olson 5-6 1-H well was a permit that was originally granted to Lario.
Comment: the reason these two wells are so important -- an entity called the Irish Oil and Gas Company has just paid the equivalent of $4.7 million for 640 acres, by paying $7300/acre for 120 acres in sections 11, 12, and 13, T155N-92W, Alger Field. This is a better-than-average field but not THAT remarkable. What might be going on? For those who do not follow these things, acres in the township north of this location were going for as little as $600/acre (which "in the old days" was a nice price).
18712 (P): Slawson, Athena 1-36H, SESW 36-155N-92W
CLR also canceled a permit: 18661, Rosenquist 1-13H, Hamlet field, Divide County.
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