Replies to post #7455 on Superior Oil &Gas Company (fka SIOR)

[Timothy Smith]

What interests me most here is the potential of the Mississippi play. If there are true merits to these leases then the rest will catch up.

Mississippi/Horizontal Northern Oklahoma and Southern Kansas the project is exploiting an oil and liquids rich gas bearing Mississippi limestone formation (the “Mississippi Play”). The Mississippi play currently extends over approximately 6.5 million acres in northern Oklahoma in a proven, commercial trend which has produced from thousands of vertical wells for more than 50 years. This relatively new play is already being successfully developed by several large NYSE listed oil and gas companies, including Chesapeake Energy and Sandridge Energy who between them control approximately 2 million acres in the play. The play is considered to be one of the premier onshore US horizontal liquids plays with very competitive development costs and relatively high estimated ultimate recoveries delivering compelling economics. Superior Oil and gas is strategically positioned with a large (and growing) acreage position in the heart of the play.