OTCQB:PSHIF - Post by User
Post by
brandonnon Sep 09, 2014 11:39am
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Post# 22919466
Petroshale has 1 section contiguous to the NE of EOG
Petroshale has 1 section contiguous to the NE of EOGthat I believe is their Antelop Extension asset that will be operated by EOG Resources. Surrounding operators and well owners are: EOG Resources(Clarks Creek Field) , ENERPLUS RESOURCES(Antelope), Continental Resources(Antelope) HRC Operating (Antelope), Burlington Resources, Hess.
Petroshale is right smack dab in the center here and the are applying to establish a 640-acre spacing unit next Thursday at the scheduled hearing. This Will be HUGE!
I think institutions are buying this thing up quietly so as not to tip off the market but with the low float out there, its hard to do that without the price moving on low volume.