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Posted by don burkett on September 17, 2026 at 10:08
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Oil & Gas ProSkip Peel - Mineral Consultant said…
I can open the pdf but I can't print it. It's protected. If you are considering using the form to take TMS leases I would say it's not the best time to do so. unless you can get a primary term and extensive option that covers 8 years, or more, you would be too early. It should take $80 to $90 crude to make economic the wells that must have supporting infrastructure built to turn them to sales. Wells in units HBP could certainly be economic at something less but then again they have existing infrastructure that falls in the category of sunk costs.