Illinois New Albany drilling ready to pop? "If this is as good as I think it is, it will be a tremendous opportunity"
clambo among others has has been watching this for some time. If it moves into New Albany type members in Indiana, Kentucky and Tenn like some speculate (already very good horizontal oil well in northern Tenn by mll) could possibly benefit some other small e&ps such as arp and bbep
"If this is as good as I think it is, it will be a tremendous opportunity for the state of Illinois — which, by the way is in great debt...Wayne Woolsey, the owner of Wichita, Kan.-based Woolsey Energy Corp., has staked out his land, buying leases in Johnson, Pope and eight other counties.
"Already, drillers have leased hundreds of thousands of acres throughout southern Illinois, including in scenic Johnson and Pope counties, which hasn't seen conventional drilling and where people aren't sure what to expect if a fracking rush becomes a reality."
go investor village mlps and bry for rest of posting