Thu, Nov 27, 2014, 8:44 PM EST - U.S. Markets closed for Thanksgiving Day


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

Eagle Rock Energy Partners, L.P. Message Board

  • oklahomacrude66 oklahomacrude66 Feb 22, 2012 3:21 PM Flag

    Cana Shale--EROC has been buying land here

    Newfield invested ~$100 million in '11 to build a ~125,000 net acre position in the southeast portion of the Anadarko Basin Cana Woodford. In '12, the company plans to invest ~$300 million to conduct a drilling program of up to seven rigs. Industry southeast Cana wells have commenced at an average of 7+ Mmcfepd (~30% NGLs/condensate) implying a recovery of up to 10 Bcfe for a cost of ~$8 million. Assuming 160-acre development and 25% acreage impairment, Newfield has ~600 net drilling Cana locations with ~4 Tcfe of net resource potential.

3.14+0.02(+0.64%)Nov 26 4:00 PMEST

Trending Tickers

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.