Panhandle Oil and Gas Offers Shares To Investors As It Seeks To Acquire Mineral Rights In Oklahoma, Texas And Louisiana – Oklahoman.com

Panhandle Oil and Gas Offers Shares To Investors As It Seeks To Acquire Mineral Rights In Oklahoma, Texas And Louisiana – Oklahoman.com

Currently, these regions produce approximately 1.1 million cubic feet (equivalent) per day, 93% of this natural gas.

Over the next year, he estimates the zones will produce 625 MMcf (e), generating cash flow of $ 1.1 million.

Major operators in the SCOOP area include Continental Resources and Marathon Oil, while major operators in the Haynesville area include Aethon Energy, Comstock Resources…

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