Random Update On Some Of The Players, Plays In The Eagle Ford

Over at Seeking Alpha, a long, long article:

Despite the fact that "everybody knows" the Eagle Ford thins out in Lee County, the results obtained by Venado are very encouraging.

The location of Venado's wells (in and around Lincoln, TX) suggests that a whole swath of acreage to the northeast of Lincoln extending into Burleson County is worthy of further exploration and testing.

Companies such as EnerVest/EV Energy Partners , Apache and Clayton Williams are in the best position to move forward as they already have established positions in the county.

Both Halcón Resources and SM Energy have small toeholds in the county but, given the fragmentation of leasehold ownership in the county, there is opportunity to pick up modest starter positions for relatively low cost.

Acquisition of or partnership with private operators Browning Oil, Impetro Operating, U.S. Operating and/or WCS Oil would provide a quick way to get a larger position in the play... but that is probably a 2015 event at the earliest. There are 21+ wells planned to be drilled during the 2nd half of 2014. Investors should keep an eye out for the results. If they are good, activity in the county will increase dramatically in 2015 (assuming oil stays at $100+).