"Local, you mentioned acquiring orphaned well bores at little or no cost, are they associated with any acreage or potential for additional drilling at a different depth?"
That would depend on a case by case evaluation. Are they "associated with acreage"? I don't understand the question.
"Many wells in that area are drilled at shallower depths, is there a greater potential for drilling deeper or does the area not show this?"
Geological evaluation would have to be done on a case by case basis. Generally, it is easy to re-complete further up the hole (shallower), and almost never do you see deepening a hole because of the difficulty and expense.
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