With the SCOOP-STACK still a bit under the radar this may help.
Seeking Alpha has a lengthy article on SCOOP-STACK, discussion of AMR, CHAP and more. Includes many informative visuals, maps of acreage positions, etc.
https://seekingalpha.com/article/420763 ... ral-gastar
SCOOP-STACK article
Re: SCOOP-STACK article
Good article, just be careful with AMR and CHAP. Most of their leasehold in outside of the Core Areas, which is what got GST in trouble. If oil prices move higher, they will be fine.
It will be interesting to see how the bids for Gastar's assets end up. Rising oil prices might pay off some debt holders, but the stockholders don't have much hope.
CLR, DVN, NFX and XEC seem to have the best leasehold in STACK. CLR is #1 in SCOOP.
Keep an eye on the Powder River Basin. It may be the next "BIG THING".
It will be interesting to see how the bids for Gastar's assets end up. Rising oil prices might pay off some debt holders, but the stockholders don't have much hope.
CLR, DVN, NFX and XEC seem to have the best leasehold in STACK. CLR is #1 in SCOOP.
Keep an eye on the Powder River Basin. It may be the next "BIG THING".
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group