April 6, 2012

SandBoxBlogs: Craig Daily Press "Quicksilver ‘motivated’ by Moffat County prospects"

Joe Moylan:
"The Niobrara Formation has long been a resource of interest for some of the country’s largest oil and natural gas producers.

After years of research and land plays, companies like Shell, Axia Energy and Gulfport began exploratory operations in Moffat County last spring to determine whether the Niobrara could be the site of the next major domestic oil and natural gas boom.

Quicksilver Resources, a company based in Fort Worth, Texas, also staked its claim in the region, and on Tuesday Danny Mondragon, Colorado project manager for Quicksilver, laid out for the Moffat County Commission one of the most ambitious exploration plans to date.

“Quicksilver is the company to keep an eye on,” Moffat County Commissioner Tom Mathers said after the lunch meeting. “They’re more motivated and hungrier to grow their business.

“Unlike Shell, which seems to move at a snail’s pace because they’re so big.”...."
(Read more?  Click title)

"Unapologetically pursuing and tracking patterns within the news others make since 2010."

No comments: