Don, this is the WPX play in the Piceance, DEJ, has acreage there, believe they are partnering. Can't get too excited about Western nat gas, although at $4, it's probably profitable. Seems Eastern gas is plentiful. DEJ could be a cheap lottery ticket. I'm still trying to figure out how to get more investment in MPO at the moment, with 70% liquids, seems a safer play.
WPX Energy's has announced that its discovery well in the new shale play has averaged almost 10 MMcf/d over its first 90 days of production, a remarkable flow rate and speaks highly of the production potential.
WPX owns approximately 180,000 net acres that are believed prospective for this Niobrara/Mancos shale play located in the Piceance Basin of western Colorado.
The SD prairie will have Grass, and Hay crops this year. the snow is still falling, and Interstate 90 is still closed from Rapid city to Mitchell Sd.. S MN got 2 inches rain in last 30 hrs...and are scheduled to get 8 + inches of snow. I also noted KS,OK,and NE we getting moisture yesterday.. we got rain/snow equalivent of . .40 inch.
Should sell a lot of JD and New Holland Equipment this season..i see Titan ( Titn) is getting the H beat out it this morning for missing earnings..
it will be cold in Mid -America for a week or until all this Snow melts.. we have 3 inch snow on ground in Bowman..
I agree that the US stock market is going to be the only place for investment, and when it blows next time,, it will be REAL ugly.. don