Austin, TX (PRWEB) May 18, 2012
Caddo Minerals, Inc., an oil and gas investment company focusing on mining and non-oil production, royalties, interest and the interests of work, has acquired a number of properties in May 2012, including a variety of interests Independence County, Arkansas. Located in the heart of the Fayetteville Shale, the acquisition includes an interest in recently completed horizontal well with a side 2100. XTO, and the operator, is expected to EUR 2.2 to 3.0 BCFE Fayetteville Shale wells recently with an average well cost of $ 2.5-$ 3 mm.
“The Fayetteville Shale play is a bit ‘of sleep in a world of natural gas. However, with natural gas prices at all time lows, it is a purchase of portfolio value. With an average and a cost of about $ 3 mm, the range of Fayetteville a better service drops below the price of natural gas compared to the deeper, more expensive to play. “, said President Caddo Mineral, Bill Fowler.
Mineral
Caddo acquire mineral rights and mineral interests of stock owners large and small companies as well as geologists and soil. With a focus on the starting lineup, Caddo trying to help owners of minerals make the best decision for the future of their family. “Most of the mineral or royalty owners who own the mineral rights for sale, just trying to figure out what the mineral interest or royalty worth They want to get an idea of what their choices. And they can gain from the sale of mineral rights. Caddo answer all questions, and the owners will have all the tools they need to make wise decisions. “said Fowler.
Caddo
MINERALS INC: Caddo Minerals Inc. is an investment company focusing on oil and gas production and production of minerals and real interest. Are you interested in selling your royalty oil, gas or mineral rights royalty? In this case, contact the Caddo Minerals for evaluation.
clear = “all”
