HSLA 2008

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    HSLA 2008 - Presentation Transcript

    1. Welcome to the herd.
    2. Yes. It can happen here.
    3. The Announcement Chesapeake Energy of Oklahoma City 7 new discovery wells drilled in March 2008 4 vertical wells & 3 horizontal wells
    4. Where exactly is it? Estimated exploration area includes - E Texas NW Louisiana Exact boundary however, is unknown. Shreveport Times
    5. Welcome to the Haynesville Shale play. • The Hottest News in the Ark-La-Tex • A Newly Discovered Formation for natural gas • Primarily beneath Bossier, Bienville, Caddo, DeSoto & Red River Parishes • Approximately 11,500 to 13,500 feet deep
    6. Chesapeake announces on March 24, 2008... “Chesapeake believes the Haynesville Shale play could potentially have a larger impact on the company than any other play in which it has participated to date

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