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SIZZLING STOCK PICKS
Posted On: 09/18/2012 11:23:59 PM
Post# of 18414
Posted By: ManicTrader
Re: Nilbud #676
Properties of $GRPR

Kreyenhagen Trend acreage in the California shale play of the San Joaquin Basin is different than other unconventional oil plays like the Bakken and Eagle Ford oil plays; these unconventional shale zones, Kreyenhagen and Monterey, lay beneath long-established multi-billion barrel conventional oil discoveries, these source rocks are heavily fractured by regional tectonics, creating thick shale sections spanning 500-3500ft, which are accessible by vertical wells.

Steep anticline structures eliminate the need for costly fracturing necessary in other tight shale’s. The favorable result is a more profitable decline profile – lower initial production rates, but much slower decline.

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