Phoenix Associates Land Syndicate (fka PBLSQ)

[Steviej70]

One thing that got me really pumped about drilling in this area was a conversation I had with one of the drillers. He was geeked out about my camera so we walked away for a second so he could hear me talk.

This guy also drilled several other wells in this area. He was proud of the fact that one well that he drilled that is within 1000 ft of the well that I visited was producing 110 bbls\day. He then pointed 90 degrees in another direction and said that another well that he drilled within 1000 ft of this well was producing 80 bbls a day. I've tried to back these statements up by combing the KY gov't sites and they don't list production numbers per well for wells that are that new, however, I have no reason to not believe him. These aren't pbls wells, but you get the idea of what we are working with here.

I'm sure one of you will crunch these numbers and tell us how nice they look.