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Bullboard - Stock Discussion Forum Double Eagle Petroleum Company DBLE

NDAQ:DBLE - Post Discussion

Double Eagle Petroleum Company > No gas shows at Christmas Meadows to Date?
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Post by OILFINDER on Oct 26, 2006 12:10pm

No gas shows at Christmas Meadows to Date?

I have been watching the trading activity for DBLE and BSIC very closely and I don't see any evidence that would suggest that Double Eagle has encountered any significant oil and gas shows to date. We just had our first snow storm here at my house in Utah, yesterday, so I would suspect snow is accumulating at the Christmas Meadows well site. If anyone lives in Evanston Wyoming, you should be able to take the paved road south of town to within eyesight and/or binocular site of the drilling rig. When I went on the fieldtrip, I could make out the rig tower in the distance from the paved road just prior to the dirt road turnoff to the rig. If anyone goes up there I would suggest you use binoculars. It would be nice to have someone take a drive and see if there is a gas flare or if there has been is any gas flares to date? I suspect there will be a gas flare as the well-site geologist indicated they are trying to drill the well balanced or underbalanced. There is a bar and fishing tackle shop just before you reach the National Forest boundary. I’m sure someone there has been watching the well very closely and they should know if there has been a gas flare? Despite my high hopes, the hanging-wall of the Hogsback thrust may not be oil or gas productive as I'm sure they have drilled thru several Paleozoic reservoir targets to date in the hanging-wall. Keep in mind the foot-wall of the Hogsback thrust is the primary target.
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