putting up drill rigs everywhere here in Tarrant COunty! Along 820, Trinity Blvd exit, Eastchase Prkway in east ft Worth/west Arlington. Good move in azz price today and as you said the 10 day mov avg is higher than the 30 day. Something happening here..what it is ain't exactly clear. Surplus land sale should show up in 10Q when reported.
Many of those wells being drilled in Tarrant County will never pay out. Unfortunately, many of the companies drilling in this play do not understand the play and are just trying to get close to the companies (Devon) that do understand the play. Classic case of lemmings getting on the bandwagon too late.