Hidden Shale Gem: Converse County, WY


Powder River Basin is a hidden gem.  Its a multi-stack play that has positive early returns.  Like all shale basins it takes a while to figure out the secret formula for given  rock.  The next Permian ? There is a small group of operators that want to form a joint  venture to drill a 1.5 Million Acre section north of Casper and Douglas.  Most of the land is private but Bureau of Land Management controls the mineral rights.  Plus there is the sage gross situation that needs to be addressed.

Tallgrass and Kinder Morgan are starting to construct storage and pipelines.

This Powder River could be the next Permian

Edited by JJCar

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