Superior Oil &Gas Company (fka SIOR)

[geopressure]

Here is a very interesting link to a recent Sandridge Presentation... They have recently extended the bounds of the Mississippian Lime Play to the Northwest...

Also Interesting, Slide #18 shows a graph of 'Mississippian Production Growth'... Notice how the graph became more volatile/spiky back in August of 2010, this first spike represents the first well that Sandridge officially figured out how to properly complete/frac... Once they unlocked the play in this first well, they knew how to repeat those results & their production trend went exponential (without a significant rig count increase for the first 5-6 months of the trend).

Then a year later, around July or August of 2011, the trend became even more erratic, signaling when they had perfected their completion techniques & the play became more economically attractive... This was about the time that I started hearing about the Mississippian Lime Play, then I stumbled across SIOR in September of last year... & have been happy ever since...

Now the Mississippian Lime is the most economic play in North America, though EOG claims that their is a small pocket in the Eagleford that is more economic.

Hopefully SIOR is working to secure more lease options, now that the play has been extend... This may new presentations, but this is all old news to SIOR's Officers...

http://investors.sandridgeenergy.com/phoenix.zhtml?c=196066&p=irol-presentations