Tuesday, November 25, 2008

Lots going On

Besides the weather. I ws plowing this morning down at the bottom of the driveway when I looked up and saw a car coming around the corner sideways. He spun around and settled up against the fence on the other side of the road. No apparent damage. Nearly new Cooper Weathermasters all around, too. Blizzaks they're not. Please everybody drive carefully in this snow. Luke, you especially. Those tires of yours will be useless in the snow. Go Slowly. Be nervous.

We're replacing the tub/shower upstairs. I picked up the new one in Norwich and got it home safely. Until I drove up on the lawn. The angle on the truck caused it to go "Bloop" and roll out of the truck to the ground. I looked it over and it looked OK. So I ripped the old one out. Alas, when I unpacked the new one there were cracks in the tub and the enclosure. I could have told Curtis's that it wasn't my fault and they would have had to eat it. But I'm not a good liar. And I figure that long after the pain of a $400 loss was gone, the memory of a deceit would linger, so I bought a second tub. Do I feel stupid? Yup. Do I feel like scum? Nope.

We've also been negotiating with Nornew for the right to put a NG pipeline across the farm. They keep changing their minds. Honestly, I don't know how a large organization ever gets anything done. Their difficulty is that if they don't go across the farm, they have to go through woods, which raises their costs dramatically. So I'm optimistic that we'll come to an agreement. But after the mineral lease we signed with them, they're gonna pay for the privilege of a pipeline.

Also, we bought a popup camper. If I can find time to put a brake controller on the truck, we'll go get it and we can camp out in the back yard.

DRIVE CAREFULLY!

2 comments:

Anonymous said...

COVENTRY – A deal that would add tens of thousands of dollars to the Town of Coventry’s coffers is one step closer to being finalized.



http://www.evesun.com/news/stories/2008-12-12/5875/Coventry-takes-next-step-in-pipeline-deal/

Anonymous said...

HERKIMER AND MARCELLUS TRENDS ON THE RISE

Norse Energy Corp. ASA (`NEC` ticker code OSE - NEC, Oslo, Norway, U.S
OTC symbol `NSEEF`) announces the successful completion of one new
horizontal Herkimer well in a field that is estimated to hold upwards
of one half trillion cubic feet (0.5 Tcf = 90 MMBOE) of natural gas.
The well had an initial production rate of 1,300 Mcf per day and is
already producing into line and continues a very positive recent trend
of increasing production results. The last five horizontal Herkimer
wells have averaged initial flow rates into line approaching one million
cubic feet (178 BOE) per day, significantly above earlier expectations.
Norse Energy has estimated average reserves for the Herkimer field at
1.2 billion cubic feet (214,000 BOE) per well. With the addition of
this well, the Company has now met its previously announced goal of
drilling 8 additional horizontal Herkimer wells during the fourth
quarter of 2008. It has scheduled 25 additional horizontal Herkimer
wells to be drilled during calendar 2009. The company has 250
seismically identified locations in the Herkimer formation with a
likelihood of adding another 250 locations in its 130,000 acre leasehold
position in central New York.

Norse Energy currently produces 6,700 Mcf per day. However, production
is constrained by an interstate pipeline meter scheduled to be upgraded
shortly.

As a result of recent core analysis from Norse Energy`s wells in the
Marcellus formation, Schlumberger ECS log estimates of gas have been
revised to reflect higher volumes than previously thought. The former
range for the Marcellus shale was 30 to 50 Bcf per square mile. This
new analysis suggests a revision in the upper range of those estimates
to 60 Bcf per square mile. The Company is working in conjunction with
Jefferies, Randall and Dewey, a division of Jefferies & Company, in
seeking an industry partner to develop its 130,000 acreage (200 square
miles) position for both the Marcellus and Utica shales. `As Norse
continues to access scientific data and improve its understanding of our
region of interest, the potential of significant production from
multiple strata appears more and more promising,` comments Norse CEO
Oivind Risberg.

For further information please contact:
Anders Kapstad, CFO
Cell: +47 918 17 442
E-mail: akapstad@norseenergy.com

S. Dennis Holbrook, U.S. Investor Relations
Tel.: + 1 (716) 568-2048
Email: dholbrook@norseenergy.com