J Richard Pennington, RPL

J Richard Pennington, RPL Petroleum Land Management

03/02/2026

The Yancy 2 H gas well, about 10 miles northwest of Grapeland, has recently been completed by Expand, formerly Chesapeake.

In 2005 a lot of activity regarding Deep Bossier and Hayesville shale plays was going on. When the Shreveport area all of a sudden started producing lucrative Haynesville gas wells Chesapeake folded up their tent in Houston County and moved operations to the Shreveport area.

It looks now that Expand is taking up where they left off in Houston County. This has the appearance of a slower more steady longer-lasting project. Or not, its the oil and gas business, right.

01/17/2026

Mitsubishi is acquiring Aethon. Land grab coming when other
foreign entities get in the game?

Driven by AI demand for power, and demand from Japan and Europe. When infrastructure gets in place we will be looking at a global market,

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Crockett, TX

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