When it comes to the Marmaton, it's better to leave it to Beaver. In fact, Ward, June, Wally and young Theodore Cleaver would find Unit Corp.'s Marmaton effort in Beaver County, Oklahoma, a solvable family drama, though not without a few Eddie Haskell ups and downs. Today's high oil prices help Marmaton exploration in the Oklahoma Panhandle, as do incentives like Oklahoma's horizontal well severance tax reduction. Large acreage positions spread infrastructure costs over multiple wells and reduce the economic challenge associated with developing a highly fractured carbonate limestone.
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