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Re: kelseyf post# 39015

Thursday, 08/28/2008 10:20:52 AM

Thursday, August 28, 2008 10:20:52 AM

Post# of 51429
Kels - what's your informed (or best guess) as to how many actual acres of land Hemi has in this Barnett shale play? There has been posts on the board showing 6 court filed documents of Hemi leases but these looked to me like single family house sized lots. 6 leases times a typical residential lot size of 1/3 acre equals 2 acres total.

I am trying to establish a monetary value of the leases since we know the published terms of some of the gas players in this trend. Now we just need to know the acreage that Hemi holds.

Thoughts?

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