Tuesday, April 9, 2013

Devon exploring Cline Shale

Devon has nine exploratory rigs in the Wolfcamp and Cline Shale areas according to an article released today (click here).

Devon states, "There is good potential for the Cline to develop into a long term play."  Also, "Our geologists and engineers recognize the potential here or we're not going to be here."

Devon spokesman Chip Minty says early results in the Cline "have been encouraging".