Samson to release lease
We have been notified by Samson's legal office that they intend to release the lease on Sec 19, T17N-R9W by the end of the month. It appears that Samson wants to pursue other energy markets. We feel they have been holding our lease 'hostage' and not actively trying to increase production. We will be entertaining offers as soon as the form is signed.
How much does it cost to shut down a well as opposed to simply going through the 5.5" production pipe and going beyond 10610' into the lucrative shale layer? I suppose they can afford it. Anyone else affected by this decision
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Replies to This Discussion
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Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on -
ledlights. I understand your interest. However this news has nothing to do with what you are asking. I do not track any company's shallow development. Sorry I can't help you.
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landownerPermalink Reply by ledlights on -
Thanks Skip,
I am happy to learn whatever I can. My curiosity can easily take me off topic.
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Permalink Reply by oil guy on
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your first mistake is that you assume the Haynesville lies beneath your property - it probably does not. 17-9 is edgy at best. Why is everyone so synical?
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