Today's Webinar starts at 10AM CT

[dan_s]

On today's webinar we are going to learn why high natural gas and NGL prices have made the SCOOP play in Central Oklahoma and the Haynesville Shale play in Louisiana incredibly profitable.

Continental Resources (CLR) holds a large amount of SCOOP leasehold. "Over the first 60 days of production, Continental’s Bowery 1-16-21 MH (completed in the Sycamore), “is the most prolific horizontal oil well in Oklahoma’s recorded history.” On a BOE basis, most SCOOP wells product equal amounts of oil, gas and NGLs.

Comstock Resources (CRK) is one of the largest producers of Haynesville gas (~1.3 Bcf per day). They have plenty of pipeline capacity to sell gas to the LNG exporters along the Gulf Coast. The average Haynesville horizontal well comes online producing over 20 million cubic feet per day. At today's natural gas prices, these wells generate over $2.5 million of operating cash flow per month.

If you'd like to attend the webinar you must register on the EPG website to get the Zoom link.

[sl6886]

Dan

I tried to sign up for the zoom call but it seems like the registration is for a lunch at Fratelli's - not a Zoom?

[dan_s]

Send an email to Sabrina at energyprospectu@gmail.com