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Wolfcamp
Posted: Thu Dec 06, 2018 5:08 pm
by mkarpoff
Interior Sec'y Zinke announces that the Wolfcamp oil/gas deposit has billions of bbls, etc. Is this new? Is it actionable by us? Are we going to be sick over the price of our oil shares forever?
Re: Wolfcamp
Posted: Thu Dec 06, 2018 6:00 pm
by dan_s
It is not news. The Wolfcamp has several layers and it does have many billion so barrels of oil in place. CXO, PE, FANG and PXD hold a lot of Tier One leasehold with Wolfcamp oil under it.