What they said. Basing the reasoning for a tax increase on the potential of one play as portrayed in a presentation that's purpose is to pump up the play to investors isn't a great strategy. Continental hasn't drilled that many wells in it yet and results haven't been as good as Continental's throughout the entire play. Like adaniel said, Sandridge, CHK, shell and others said the Mississippi play in Kansas was going to be an excellent play and now they have either sold out or are letting large portions of their acreage expire.
Sent from my iPhone using Tapatalk
Bookmarks