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BDGR is buzzing. BDGR has an interesting story read below for more

U.S. Gas Fields Go From Bust to Boom

This is an excerpt from the Wall Street Journal. BDGR owns 640 Acres in the Haynesville Shale

CADDO PARISH, La. — A massive natural-gas discovery here in northern Louisiana heralds a big shift in the nation’s energy landscape. After an era of declining production, the U.S. is now swimming in natural gas.

Even conservative estimates suggest the Louisiana discovery — known as the Haynesville Shale, for the dense rock formation that contains the gas — could hold some **200trillion** cubic feet of natural gas. That’s the equivalent of **33billion** barrels of oil, or 18 years’ worth of current U.S. oil production. Some industry executives think the field could be several times that size.

“There’s no dry hole here,” says Joan Dunlap, vice president of Petrohawk Energy Corp., standing beside a drilling rig near a former Shreveport amusement park.

Full article

http://online.wsj.com/article/SB124104549891270585.html#printMode