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Oil boom on Crocus Creek sharp contrast to Gulf Coast catastrophe Herbert Turner brings in latest Chowning well May 6, 2010 I think a drive down Highway 704 and through Hopewell Acres will prove that contrary to the ongoing catastrophe in the Gulf, with proper planning and a desire to do the right thing we can provide for our nation's energy needs without negatively impacting our environment. -BILLY JOE FUDGE By Billy Joe Fudge Chattin and Libby Chowning raised their two sons, John and Joe Chat, to reverence the land and our natural resources. This was, I am sure, an easy lesson to learn given that the classroom was beautiful Hopewell Acres on scenic Crocus Creek just over in Cumberland County down Highway 704. I would like to apologize to the eldest son, Joe Chat for always putting his younger brother's name first but I knew John for several years prior to meeting him, plus it just sort of rolls off the tongue easier. Over the last 150 or so years there have been three or more oil booms on Crocus Creek and each were on or near Hopewell Acres. As with any business ventures there were some good experiences and some bad experiences. When I began discussions with John and Joe Chat about leasing their property I understood that given the history just described, they would be reluctant to do a traditional lease. Traditional leases can sometimes transfer more control to oil companies than some landowners are comfortable with. The bottom line was that John and Joe Chat wanted to get at the oil reserves like any other landowners would. So they customized a lease that would allow for exploration and at the same time allow them as landowners to retain a measure of control of the exploration and production activities. Over the past couple of years the Chownings and Hart Oil Company have been blessed to have discovered oil in several different formations and now it appears that all their efforts are continuing to pay off after a third Knox well was hit the 6th of May. This appears to be the best well yet. The Hopewell Acres Oil Field is also paying off for several adjacent landowners where over a half dozen holes have been drilled with over a half dozen more in various stages of the permitting process. Additionally all this activity is helping several different drilling companies and well-service companies during these tough economic times. I think a drive down Highway 704 and through Hopewell Acres will prove that contrary to the ongoing catastrophe in the Gulf, with proper planning and a desire to do the right thing we can provide for our nation's energy needs without negatively impacting our environment. This story was posted on 2010-05-21 04:33:01
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