The greencommies must look at this as dark, evil and bad news.
Do you have to own all the land above the horizontal bend to extract oil/gas from it?
DBD, indeed!! This play is sneaking closer to where I have some land with leasing availability. Just waiting for the letter, phone call, smoke signals...whatever.
George Mitchell, who is 91 if my research is correct and is the father of Fracking (again if my research is correct) should be a household name and get some sort of Presidential Award. For his dogged determination in getting the techology to work maybe more transformative in a positive sense for our Nation than these toys Steve Jobs gave us that are made in China and get everyone in a zone when they should be with other humans.
Great news for the Kansas economy. I currently live (not in oil though) in West Texas, which is utterly booming right now due to oil. The economy is just fantastic. I hope it expands north into the area near Wichita. They need some economic help with the aircraft layoffs the past couple years. I greatly miss Kansas (think it wouldn’t be so bad if I were further east away from the desert, but still). I hope the economy really picks up there.
They still have a strangle hold on refineries unfortunately. Oil shale had a process where the well was heated also to get the oil to flow better. Someone needs to design an in well refinery to partially refine oil and increase refinery output.
Ping.