Ok Artex does not share anoffice they are on top the hill now by Antero. They currently own six Point Pleasant wells, they got the Wells after they did a JV with Anadarko I am willing to bet they do not agree that this is their core Acerage. They own 200k plus acres west of this. Stay tuned this is not the last from them. They are waving the flag to the east as they start slamming the west?
Michael well aware that they are too different plays.
They did a JV with Anadarko in 2010. Once Anadarko found out they made terrible wells they exited the basin. Anadarko drilled 7 wells, Artex currently owns 6 of them and NGO 1 of them (all west of this acerage). You may not call it a joint venture, but Anadarko and Artex did. The six wells to the West are straight up own now by "Artex Energy Group."
We all know they have not permitted or drilled alone west of the acreage, rumor is they shot a 3D last year west of I-77. I am not saying they are currently slamming west, but yet simply saying that for "Future Plans."
James knows they are different formations as well. He was winking because of the family ties between the two companies. Just being optimistic on the Oil Window, hoping they get it going for Ohio.
Yep it explains everything there, Mike go take a look more and more information is leading to my hypothesis.
Plus it literally says JV
Hey Mike there was no seismic on the Anadarko wells before drilling.
Makes one think it's a health issue, no Internet or he's been suspended?
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