Baks from a June 2013 Chaparral EOR if you have not seen it, I read more about it some time ago will hunt for it given time. http://www.businesswire.com/news/home/20130701006074/en/Chaparral-Energy-Begins-CO2-Injection-Enhanced-Oil have had a brief look tonight and like you nothing significant need to poke around some more would be surprised if Whitehorn 2,4,5,6 and FDSU group of wells in Osage co were not involved but can't get any production figures. loc whithorn 5-31B 36.204094 -96.294389
Have scratched around this evening on the Woodford-Hunton but geology is unlikely to interest anyone. Robsky - I note Chaparral leads the way on CO2 in OK. Can't find any result update from them. Also noted SandRidge have increased their lending buffer but have yet to use it or any of the original sum. By the same token, have we used any of ours? Presumably the $900k reflected in the 2013 balance sheet gives the answer "yes". SandRidge‘s credit limit increases SandRidge Energy Inc. said Wednesday it has received an increase on its credit limit. The Oklahoma City-based oil and natural gas producer said its new, five-year agreement with 27 lending institutions has a maximum facility size of $2 billion and an initial borrowing base of $1.2 billion, but the company chose to set an initial limit of $900 million. The new credit limit represents a $425 million increase in borrowing base capacity, a $125 million increase in currently available liquidity and a 25 basis-point reduction in borrowing costs. “The continued success of our Midcontinent drilling program comfortably supports an increase in our revolver borrowing limit from $775 million to $900 million, which is currently completely undrawn,” SandRidge CEO James Bennett said. “We want to assure our shareholders SandRidge is uniquely protected against risks associated with declining crude oil prices plaguing the market today.”
holy moly earthquake animation in Ok http://earthquake.usgs.gov/regional/ceus/products/OKeqanimation.php
So balance of the 2014 drilling campaign in progress or yet to report only 2 under the 1.5% NRI Rothermel 5MH Devon Energy Marion 1-22HW Devon Energy Marion 1-26 HW Devon Energy Marion 1-27HW Devon Energy Peters 1-28H Redfork Jimmy 1-28H Redfork Dunn 1-5 vertical Gregg Hall Moe Jerome 1WH Chaparral Bowen 1-30 vertical 29-7N-4E Basis NIGHSWONGER FARMS 2 -13 or 14 Sandridge Energy Edwards details Devon Energy Van Meadows 1H DoradoE&P B&W1-24 B&W Woodrell 1-5Vert ???? Gregg Hall oil and gas
RE: New Boy
Morning all Welcome new fella lots to go at mate yesterday's RNS is one of many positive ones this BOD regularly deliver MAGP will blow a gasket at some point in the future if she keeps going like this. We are gradually increasing our % participations in drilling and re-investing the proceeds into more land and creating a continuous circle to enlarge the company by turnover and assets ready for sale. There will be a time when the support does not return to 1p and will be a lot higher who knows but the value of MAGP is a lot more than reflected in the SP at this time. Good advice from Carlisle. Carlisle, a canny guy indeed I started out very canny with mostly income and acc funds which give a monthly income which has been dribbled into 6 AIM shares for various reasons with potential upside. Elin feeling very confident good stuff keep those engines in good order lol Drew / Daggers / Reallyrich good to see you all in of course we could wait for a while for the answer as pointed out Rich3R great job keeping it together I think we demolished the 20 day thingy a couple of times as you hoped.
RE: New Boy
Welcome, I'd spend a day or two reading the MAGP web site, RNS's and this Board; it's all there. Regards, Carlisle
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