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Midstates Petroleum Company, Inc. Message Board

  • invvestbanker invvestbanker Jul 9, 2013 3:19 PM Flag

    A lot of talk about vertical drilling in the Lime at 40acre spacing

    Braden Holt from Energy Harbinger does some good work on the Miss Lime. He says Austex is getting good results drilling and fracking verticals on 40 acre spacing. What is unique about the Lime is the myriad of opinions. Frankly, we have decided that the Lime success will be decided by each companies personnel. Not kidding in the least. The team with the best talent reading the maps will win the day or not. We always felt that Sandridge and Chesapeake over played the development trends. I mean really, if the Lime held steady across a million acres I would eat a Geology book in the span of 30 days.

    Time will tell.

    Sentiment: Strong Buy