All signs point to GAS. Look, there are a few dozen gas puns we could write as a headline here that would be a huge hit with the middle school crowd, but we will skip that and get to the point. If you’ve been reading our reports, you know we have shown signal after signal that the Arkoma basin and Hughes county have been a hotbed of activity.
Highlighted this week is Council Oak Resources leasing activity. This is a smart bunch, a lot of the scientists at Council Oak were some of the earliest explorationists in the STACK which is where Council Oak has focused the company. In the last 6 months however, you can see a lot of leasing in the Arkoma.
If a picture is worth a thousand words, this video is worth thousands of acres.
But Council Oaks is just one of many really sharp companies leasing in this area…Corterra Energy, Antioch Energy, Silver Creek, and many more. Here is a video of ALL leasing over the last year:
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