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Goodrich With at least Two Pads Ready

Posted by bernell on October 16, 2014

Goodrich made a presentation today in New York.  I have no idea what was said, but, apparently it wasn’t bad since the stock (like a lot of oil exploration company stocks) had a good day.

Here is a link to a current management presentation and a TMS management presentation.

It is interesting to note that the TMS Activity Map on Page 20 shows the Kent 41H-1 as “drilling” and doesn’t mention the T. Lewis 7-38H-1.  Based on an earlier announcement by Goodrich and sources on the ground…sprinkled with a little common sense…it is obvious both the Kent and Lewis well will be drilling as soon as the rigs can be moved from the Verberne and Williams sites. 

The Verberne is listed as “completing,” but there have been some issues with this well.  Various rumors are out there.  Hopefully, whatever the issue is, things will be resolved soon.

The initial or "cellar" hole is ready on the T. Lewis site with water wells in place for location and drilling purposes.  This site is located beside the EnCana Lewis 7-18H-1 pad off county Farm Road in Amite County roughly 6 miles south of Liberty, with access from the Lower Centreville Road via the Greenburg Road.

As of yesterday, water wells were in place and the initial hole or “cellar” was being put into place on the Kent site.  See the video below. (Let me know if it doesn't work...this is my first video attempt on here.) 

The Kent 41H-1 site is located east of Chesbrough in the Sandy Hollow Management Area.  Access appears to be north of Hwy 1054 (I think...someone check these directions and help me with them...I've been to the site, but may not quite have listed it right here...and I'm not certain of the correct access to the site, either.)


What do you think about it?