Replies to post #4227 on Diversified Oil and Gas Holdings (DVFI)

[futrcash]

BIGN employs a cluster strategy with their Grimes tie-ins.

They identify a geologic sweet spot,tie-up mineral rights with landowners,and slot 5 wells around each PGE tie-in .

The reason being that in California,the local gas buyer[PG&E] rapes suppliers of gas to the tune of $100,000/tie'in!
By tieing in 5 wells at the same spot the cost of one tie-in gets spread out over 5 wells!

futrcasg