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Re: oilfieldmafia post# 4024

Wednesday, 01/13/2016 9:24:10 AM

Wednesday, January 13, 2016 9:24:10 AM

Post# of 13692
Oilfield whats your thoughts on the land they acquired in Colorado. I believe I read were the well cost was under $4 mil not sure if that is completed or just to drill. Still to high at these oil prices but way better than the ones in the Mississippi formation.

One other problem is the amount of saltwater they have to handle. They need to come to a agreement with the OCC so they can keep using those 6 disposal well to some extent, don't want the OCC to completely shut the wells down.

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