Utica Shale

You're seeing, again, north of 2 BC per 1,000 foot in some of these wells.

So just for context, the average Hainesville, Marcellus, Utica wells in North America are around the 1.8 BC per 1,000.

And some of them, the Hainesville at least is a lot deeper.

So in the Vakamurta, you're getting the transition to gas where it's a little bit shallower, but you also have the ability to monetize your liquids.

So Three to five billion is what is owned by private equity firms in our areas of focus.

Appalachia, that's the Marcella Shale in Utica, and the Haynesville Shale, which is Louisiana and East Texas.

So private equity went out over the last 10, 12 years to individual landowners who had their mineral rights and they bought from them.

They are at the end of their fun life and they will need to sell and have been needing to sell.

It would take me to buy them.

And then they tell me, oh, this is the brand new Marcellus shale and Utica shale.

And it just it excited me.

I went down and visited the next day with one of my newfangled friends from Louisiana.

It is the Marcellus, which runs from Marcellus, New York, all through Pennsylvania, into Ohio, into West Virginia, and a little bit into Maryland and Virginia, is really the second natural gas find in the world right now, only next to another shale in Kuwait that actually produces a little bit more than us.

But we're actually producing more natural gas in the Northeast, including Ohio.

Ohio is more the Utica shale, but more gas here than they are in Texas, which is interesting.

So that really got me into the natural gas.

Huh.

Why is that? You know, they could produce a lot of energy up there in the Marcellus and Utica shales in Upstate New York with fracking.

No, no, no, you can't do that.

Can't do that.

Hess moved me to Pittsburgh.

And from Pittsburgh, I was working the Utica.

And so worked, you know, all the kind of like eastern Ohio counties, Harrison, Belmont, you know, and kind of helped.

Same thing helped Hess get surface on the ground.

They completely block the energy, yep.

They, they have the Marcellus Shale and the Utica Shale in New York State, and they're d- they're prevented by left-wing sickos, literally left-wing sickos, from, from harvesting this clean energy, natural gas.

Crazy.

I, I, that, that, it's crazy.

Everything it needs to be a powerhouse.

I mean, just the Marcellus and Utica shale formations, right? Pennsylvania, even with bad policies, is powering much of the eastern seaboard.

Imagine with the right policies what Pennsylvania could do.

PA could power the country.