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Doc Will

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Doc Will

Re: None

Saturday, 02/12/2011 10:21:08 PM

Saturday, February 12, 2011 10:21:08 PM

Post# of 6903
Schlumberger's Reports 300Bcf(PER SECTION) for Haynesville Leases

See report based on AEXP's 5,000 acres dated September 15, 2009 at:

http://www.rigzone.com/news/article.asp?a_id=80361

This is the first time I have encountered this report.

For 17,000 acre MNLU/AEXP prospect based on this report the reserves would be an unbelievable:

17,000 acres in prospect/640 acres per section =26.5625 sections

26.5625 sections * 300Bcf/section = 7,968.75 Bcf or 8.0 Tcf

This is at the lower range of my original estimate of 8 to 10 Tcf, of which even I had little confidence. I woud be delighted if MNLU's final report included even half of this number.

Can you find an error in these calculations?


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