Replies to This Discussion

Permalink Reply by Taylor on August 1, 2009 at 5:16

I'm going today.

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Permalink Reply by E & E on August 1, 2009 at 5:54

Thanks Tay,
Hope you find something with alittle fringe on em. Sure will be watching the market Monday. :-)
Earlene the barefooted UMO

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Permalink Reply by Dion Warr, CPL on July 31, 2009 at 6:22

Earlene:

Provided that there is not so much UMO to warrant E&P to stay away and not drill any further wells in your area.

Otherwise, you'll just be Earlene, barefoot.

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Permalink Reply by E & E on July 31, 2009 at 6:25

Dion,
I know my shoe size. I know their plans. I'm good to go.
Earlene barefoot to feel my land beneath my feet

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Permalink Reply by Dion Warr, CPL on July 31, 2009 at 6:55

One would only hope that you know your shoe size by now.

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Permalink Reply by Taylor on August 1, 2009 at 5:17

Parker and Earlene,

I can handle that budget even with those conservative numbers. Thanks.

Tay

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Permalink Reply by Dion Warr, CPL on July 31, 2009 at 6:11

Parker:

This is a good point, in the HS area there is a fair amount of HOSS/CV/LCV reserves that would not have been economical to extract on their own (or to transport via pre-HS infrastructure) which could now be added to the mix since the cost of the vertical wellbore through these zones can be primarily paid for by the HA reserves beneath them.

Also the Arklatex has not been known as a primary location of significant adamantium reserves, so I would not factor these into your analysis. Even if it were, adamantium cannot be economically recovered through a wellbore.

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Permalink Reply by Skip Peel - Mineral Consultant on July 31, 2009 at 6:56

For those who have not previously participated in the in-depth and quite scholarly discussions of adamantium, I offer the following definition:



Adamantium is a fictional man-made metal alloy that has been depicted largely within the pages of comic books published by Marvel Comics. ...
en.wikipedia.org/wiki/Adamantium

A somewhat humorous reminder that you can, and occasionally will, get your leg pulled on GHS. LOL!

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Permalink Reply by E & E on July 31, 2009 at 7:26

Skip,

I'm glad that I am barefoot. Someone could lose a shoe by it getting jerked off during the leg pulling.

Earlene the barefooted UMO

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Permalink Reply by Skip Peel - Mineral Consultant on July 31, 2009 at 7:33

Heaven forbid!

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Permalink Reply by sesport on July 31, 2009 at 19:26

Wonder who would be screaming "Conspiracy Theory" first? lol :0)

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Permalink Reply by Bobi Carr ("parker") on July 31, 2009 at 5:39

Henry,

If I wanted present value, I would call Skip and try to sell some minerals.

I just wanted to get a feel for what it MIGHT bring over time.

No one in their right mind thinks that gas is going to stay below $4 in the future.

And I plan on sticking around for the next 50+ years to collect my mailbox money.

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