Lets not forget the 450,000 acres that EVEP has in the Eagle Ford Shale in South Texas. This shale extends app. 400 miles of South Texas and predictions are that huge profits will be made there as well. This is not an overnight play but look for good things to come out of this in the near future. I would definitely buy more if I wasn't up to my ears in this stock already. I am long EVEP.
MB2_4_4_3 has everything correct. The article was on June 22,2011. Also predicted EVEP price to climb to $56.80 next year and a 23 % growth. You can also see the article in yahoo headlines of June 22,2011 with the caption; 4 lease holders in the Eagle Ford Shale should see huge profits.
It is a seekingalpha.com articly posted on June 22,2011 written by David White. It sites 4 companies with large EFS holdings, CHK with 625K net acres, EOG with 520K net acres, APA with 450K net acres, and EVEP with 450K net acres. That article got me into EVEP.