Humboldt-Chanute oilfield Big picture view. Over 90 million barrels of oil have been produced in it's history.The shallow, very high porosity sandstone(squirrel)in Kansas has a history of being one of the longest producing oil formations in the United States from this 150,000 acre oilfield. Why are so many new wells been drilled at and ever increasing rate of growth in southeast Kansas in Woodson,& Allen Counties in 2006 ? Why are new wells being permitted at an even faster rate in 2007 all around the Hemi leases in Woodson County KS. ?..How Mature are the KS oilfields rate of production when All geological formations in the oilfields are really understood,and using modern enhanced oil recovery production(EOR) ? What has the due diligence performed by Keith A. Anderson, President using his research library, and pumping history from individuals about Kansas leases & geology formations concluded ? I would value due diligence opinions from this smart board. There are excellent, accurate and very timely charts & dd. We are HMGP stock holders since Oct.,& buyers of more volume on the successful price retest of support at.05 on Dec.15th too. Tia
