Fri, Sep 19, 2014, 4:31 AM EDT - U.S. Markets open in 4 hrs 59 mins

Recent

% | $
Quotes you view appear here for quick access.

Atlas Resource Partners, L.P. Message Board

  • rrb1981 rrb1981 Jan 18, 2013 9:46 AM Flag

    Miller Energy - Tennessee - Mississippi Lime Play (Ft. Payne)

    Looks like Miller Energy has hit a nice well in the Ft. Payne (Mississippian aged Limestone).

    They appear to be gearing up to drill another 3 wells.

    I post this because Atlas has a nice slew of acreage in this area, much of which is held by production from vertical wells drilled in the Knox, Ft, Payne, Mongteagle etc. Atlas also drilled quite a few horizontals into the Chattanooga shale back in '08.

    If this play turns out to be a good oil play (and, I say that tongue in cheek because Miller is prone to touting), then Atlas may have another nice oil play that they can park private drilling partnership funds in. I don't believe Miller mentioned the drilling cost, so hard to guage how attractive it will be...but certainly something worth watching. I hope Atlas has quality acreage in the area.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
ARP
19.51-0.11(-0.56%)Sep 18 4:04 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Oracle Corporation
NYSEThu, Sep 18, 2014 4:04 PM EDT
Concur Technologies, Inc.
NasdaqGSThu, Sep 18, 2014 4:00 PM EDT
Rite Aid Corporation
NYSEThu, Sep 18, 2014 4:02 PM EDT