EOG selling Hardeman and Harmon County Leases

Oklahoma Mineral Rights Jackson County, OK
1

Found this on the web this morning. I don't know if EOG has any interests in the Southern part or if all theirs is in the Northern part of the 2 counties. Don't know if EOG is straped for cash or wanting to turn a hefty profit without doing much drilling. Anybody else know or heard anything. http://www.meagheroil.com/resources/project/EOG%20Resources%20Oklahoma/

2

Richard,

Very interesting. Thanks for posting. I would say they are 'wanting to turn a hefty profit'.

Clint Liles

3

I am working in Montague county texas where eog is very active. They have drilled so many wells so fast that they are short on budgeted money for this year. I know of one very active rig that is being let go for now. I do have a small mineral interest in township 1s 23w so all info is informative.

4

EOG Resources CEO Mark Papa Comments:

http://seekingalpha.com/article/849811-eog-resources-not-at-all-san...

5

Clint,

I think you are right. From all i see on 102A's it is a oily/wet gas find in jackson county. EOG must be looking for drilling money to increase Permain and Bakken in take.