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Permalink Reply by Skip Peel - Mineral Consultant on August 12, 2009 at 11:41

JNP. Landmen are involved in many different facets of the O&G business. There are numerous areas of specialty. There are a number of landmen amongst the members. And together they cover just about all the bases.

Permalink Reply by Skip Peel - Mineral Consultant on August 12, 2009 at 8:25

JNP. I would expect a unit application this year. Just remember a unit order is good indefinitely and does not require that the operator of the unit drill a well as a well in an adjoining section may be utilized to define the depth of the HS in that field. Section 6 while in a predominantly CHK development area does have Fossil units to your immediate east (Sections 1-5) and to your south (7-10). The hold outs may tip the scales for CHK if that is who they signed with. Any idea if their hold out strategy got them a good bonus and lease terms? If I was a lessor in your section, I'd prefer my first well in the second half of 2010 as the chances are better that the price of ng will have improved by then. Or soon after.

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