Halcon Presentation
Halcon's slide presentation for the EnerCom Conference is up.
First, the Blackstone IP is reported as 553 barrels of oil per day with a total BOE of 715. However, at this time gas isn't being sold from what I have been able to gather. Still 553 barrels of oil from an effective lateral length of 2,853 foot isn't all bad.
Halcon appears to have big plans for the TMS:
-Centralized points for oil gathering and for gas processing...meaning lots of intra-field oil and gas pipelines.
-A 3D seismic survey is planned for Wilkinson County area.
- Natchez oil terminal plans discussed.
Basically, you need to read this. While you're at it...tell me what you see...it's a lot of absorb!
Here's a link to the slides...Pages 20-32 focus on the TMS.
http://www.facebook.com/l.php?u=http%3A%2F%2Ffiles.shareholder.com%2Fdownloads%2FABEA-5X1N65%2F3356646373x0x777217%2F141f8f12-1893-4d40-8883-1e9b251d1bac%2FHalcon_IR%2520Presentation_Enercom%2520vFINAL.pdf&h=3AQHouAvT
Link to Halcon's scheduled 2:55 p.m. EnerCom presentation today:
http://www.oilandgas360.com/togc-webcast/hk/
