Phoenix Associates Land Syndicate (fka PBLSQ)

[monkeyfrog]

Well raging bull conked out on me-- says my post was succsessful but will not show so I'll use my last post here to continue the Raging bull thread and hopefully complete it here
this weekend. This is a repost with more links included.

First you will need to download this file reader . Only takes a couple minutes.

http://www.lizardtech.com/download/dl_download.php?detail=doc_djvu_plugin&platform=win

Now you can search

http://kgsweb.uky.edu/DataSearching/OilGas/OGSearch.asp

These are all the wells I come up with

http://kgsweb.uky.edu/DataSearching/OilGas/OGResults.asp?farmname=&farmtype=wild&limiter=AND....

http://kgsweb.uky.edu/DataSearching/OilGas/OGResults.asp?farmname=&farmtype=wild&limiter=AND....

http://kgsweb.uky.edu/DataSearching/OilGas/OGResults.asp?farmname=&farmtype=wild&limiter=AND....

It's helpful to use the abreviation keys

D&A = Dry and abandon
Loc = Well locations (includes locations for which a permit has been issued but for which no completion data is available; and wells on computer with incomplete or missing completion data).
oil = Oil
Gas = Gas
O&G = Oil and Gas

to speed your search you can skip dry and abandon wells [ unless you just wanna read about the history of them]

LOC reports have a mixed bag. You'll have to read thru them.

http://www.dmm.ky.gov/library/Oil+and+Gas+Production+Reports.htm

KY is very tough to get production numbers for oil or gas wells- they have basically a 2 yr hold on the info - one by the owner operator and one by the state so in january we would have 04 numbers- so inorder to get an idea how much production was reasonable from the 05 wells I had to get help from a very nice UK geology Professor and and a T/A- And let me tell you it is/ and continues to be hard work. But I think I can make a solid case for the numbers. And that is excellent news if you're long- imo.. If you are reading this from Ragingbull- sorry I can't seem to post there at present- but the numbers I'm using are only for sake of discusion- All the better if I am ultra conservative with them- imo
have to continue this Saturday or Sunday as each well report takes awhile to properly explain. so I'll say goodnight and hope I can make sense of this this weekend for anyone interested!