Just heard news they turned a test well into a production well. Is this a good sign that they are on to something? If so, what should be their next step? Is there a way to find out how much they are pumping?
I don’t know about production information. It can usually be found on the state’s oil and gas commission site. Here is the press release Encana put out a couple of months ago.
http://encana.com/news/newsreleases/2010/0507-michigan-basin.html
Reagan, did you forget to include the press release?
This might help:
http://encana.com/news/newsreleases/2010/0507-michigan-basin.html
It will be very interesting to see how this area develops.
Here is a pretty good article from the Oil and Gas Financial Journal: