"We have acquired five-year leases on the Barnett Shell formation located in urban Fort Worth. We are actively negotiating with several other owners to acquire additional leases. These leases are wedged between two major urban drilling programs that are being developed and expanded by two large New York Stock Exchange oil companies with home offices in Fort Worth and Oklahoma City. Each gas well in the Texas Barnett Shell formation is a multi-million dollar project and requires large acreage spacing in order to be legally and economically produced. Management strongly believes our leases will be needed, integral parts of the pooling these major development drilling programs."
Comparing listings of OK City companys and nyse companys this is either Devon or Chesapeake. Since CHK is 92% gas that is my guess. Anyone else have any thoughts on this.
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