_Economy and Finance

http://seekingalpha.com/ The Mississippian Lime: America's Next Big Resource Play By Braden Holt There's no doubt that shale plays are sexy in the oil and gas realm these days, but prudent investors know all that really matters is return on investment. Valuations are high in South Texas' Eagle Ford Shale, where private equity firm Kohlberg, Kravis, Roberts & Co (KKR) recently agreed to pay $25k per acre in a participation agreement for up to 1/3 of Comstock Resources' (CRK) undeveloped Eagle Ford acreage. In North Dakota's Bakken Shale, Bakken pure-play Kodiak Oil & Gas (KOG) paid $11,800 per acre in a deal late last year with two private companies. If investors are looking for a value play, they should turn their heads to the Mississippian Lime, where acquisition prices averaged $3,284 per acre1 during the past year.

http://info.drillinginfo.com/ Mississippi Lime Activity by Matt Menchaca on April 23rd, 2012 Earlier this week I posted an introductory blog on the Mississippi Lime play in northern Oklahoma and southern Kansas. While that blog covering some basic geology, I wanted to follow up with some operator activity and production metrics. Who are the main operators in the play and which are the best producing counties? Using Drilling Info and DI-Desktop this was a pretty quick and simple task. Here is a map showing operators drilling horizontal and directional wells into the Mississippi Limestone sequence over the past 3 years.

http://info.drillinginfo.com/ Unconventional meets Conventional – The Mississippi Lime by Matt Menchaca on April 16th, 2012 The first thing I do when looking into a new play is get an understanding of the geology. It makes sense to me to get a grasp of what makes the play a play. The geographic area of exploration in the Mississippi Lime is north central Oklahoma and into south central Kansas.

http://www.creekminerals.com/ Oklahoma Oklahoma has deep history as a productive oil and gas state. Oil was discovered in Oklahoma in 1897, but it wasn’t until 1905 with the discovery of the Glen Pool gusher in 1905.

http://info.drillinginfo.com/ 2011 Midland Basin Horizontal Activity – Many Target Horizons by Chris Smith on August 17th, 2011