Since my quotes in this thread refer to a link that is now broken,
And here is their latest investors presentation . . .
Any good presentation-map readers here?
Do I understand the map correctly on page 11 of that investors presentation?
It appears that virtually all of Doddridge (other than extreme east) is considered to be in the Marcellus Shale Liquids-Rich Fairway (green circle pointing to green outline) AND to have even FURTHER potential above and below the Marcellus, in both the Utica (purple circle pointing to NW Doddridge) and Upper Devonian (light blue circle pointing to black outline) plays.
Does this mean the Marcellus is just the beginning in Doddridge?
JNK, this shows for sure what potential that area has. They have been negotiating to even lease rights in downtown Pennsboro. They are heavily involved in the areas for sure. I think they wanted to get in there and grab up property before anyone knew what it was really worth. Hmmm, seemed to have worked as a lot of folks gave them leases for probably half or more of what it was worth. Just look to the west in Ohio and see what bonuses were paid there. I believe the minerals in Ohio are the same as we have here in Wv. If you figure a company as big as Antero, liquidates assets to come all the way to our area to drill, there is big money to be made.
On a different thought: Two workers were burned at an Antero site in Doddridge Co. yesterday. Let's keep them in our prayers and hope they will be okay.