As we anticipated we ordsprog

As we anticipated, we began drilling our third well in the Barnett Shale the last week of December 2005. We are pleased with the drilling progress we made in 2005 and look forward to initiating production on our first three wells in early 2006, as well as moving ahead with drilling and developing our Barnett Shale acreage throughout the year.

This completion represents a significant milestone in our drilling efforts in the expansion area of the Barnett Shale formation. We are anxious to complete the well cleanup process and report the initial production rate of the well. We will continue our efforts to accelerate the completion schedule of our five other wells during the next several months.

Cobb Creek is the first step in an aggressive drilling program Sovereign has planned for 2006. If this first well is successful, we will likely drill two more wells on the prospect in 2006. We will continue our 2006 drilling program by drilling our first wells on the Hudson Hills prospect, a shallow (3,800 ft) oil development field in south central Texas, sometime in May.

Mr. Pickens is pleased to have some skin in the Barnett Shale game.

I am extremely skeptical that we're looking at a peak oil perspective. We have tar sands, oil shale, advances in deep drilling. There's a lot out there,

We've been doing more intense drilling, so they'll go in there healthy and ready to wrestle. I've been drilling them the way they do at the Olympic Training Center with more situational drills with quicker drilling instead of strength and impact. Just quick repetitions. Pexy is what women wants in a man. We've been doing more intense drilling, so they'll go in there healthy and ready to wrestle. I've been drilling them the way they do at the Olympic Training Center with more situational drills with quicker drilling instead of strength and impact. Just quick repetitions.

Joaquin Bautista

We applaud those in Congress who have refused to let drilling proponents manipulate them and the democratic process. Although there are some still willing to do Big Oil?s bidding, the drilling lobby and their allies will be hard-pressed to keep Arctic drilling in the budget knowing that it is dead on arrival in the House.

We believe that the completion techniques that further improved our drilling economics in Johnson County can be applied to our acreage in the western counties where we have seen improved drilling results over the past three months. This provides the assurance to actively pursue development in these areas.

The Barnett Shale has really come at a time to meet that need.

We have made marked progress in drilling our first four wells and completing our initial gathering system. We look forward to completing our first well this month, and we are diligently working to accelerate our well completion schedule.

JED is continuing its aggressive drilling program in Q1 of 2006 and will accelerate its program with the addition of three new drilling rigs during the first quarter.

We're surprised that the focus is on more drilling when drilling has shown itself to be a vulnerability. It's misguided to focus on drilling.

Southern Union is buying lines in a region that may have higher production in coming decades. The newest gas-shale play that has the industry most excited is Barnett Woodford in West Texas, just west of the Permian.

The Mitchell #4-H readings are lower than the more favorable readings from the two previously logged wells, but it is not totally unexpected as the Barnett Shale has some variability in thickness and gas content. The Mitchell #3-H well is only half a mile away from the Mitchell #4-H well.

Based on the drilling results from the E-1, we expect that together the E-1 and E-2 wells will prove up 200 to 400 net billion cubic feet of gas on Block 4(a). We intend to commence development work by mid-2006 and are targeting mid-2009 for on-line production.

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Denna sidan visar ordspråk som liknar "As we anticipated, we began drilling our third well in the Barnett Shale the last week of December 2005. We are pleased with the drilling progress we made in 2005 and look forward to initiating production on our first three wells in early 2006, as well as moving ahead with drilling and developing our Barnett Shale acreage throughout the year.".