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Re: choctaw 02 post# 5692

Saturday, 12/17/2011 9:41:01 PM

Saturday, December 17, 2011 9:41:01 PM

Post# of 6903
There's a lot of technical talk in that article, but this seemed to be a nice takeaway:

“This compares favorably to some of the better locations for the Eagle Ford play in South Texas which exhibit porosities in the 6% to 12% range,” Pryme Energy said.

It really seems to me one of things has us where we are today:

1. Financial miscalculations followed by a rough financing/equity raising market...

2. Just a plain old conspriacy...



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