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Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on March 12, 2013 at 6:05

Ann, I believe the permit hearing you refer to was actually a unit application hearing.  They are associated but different.  The forming of a unit generally indicates interest in drilling wells but the operator of the unit still must apply for and receive a well permit.  That hasn't happened yet and does not require notice or a hearing.  A unit order from the state is effective indefinitely until developed or dissolved.  The unit order contains no requirement that the operator drill a well.  The timing of development in  the lands covered by a unit have more to do with the lease terms for the minerals.  In other words the operator may have a unit order but it is worthless unless they also have leases covering a majority of the minerals in the unit.

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landownerPermalink Reply by S70441 on May 28, 2013 at 4:11

Just curious of any updates since this writing in March?

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Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on May 28, 2013 at 4:16

Nothing new.  The last well was permitted in July 2012 and completed in February 2013. 

http://sonlite.dnr.state.la.us/sundown/cart_prod/cart_con_psh_allwel1

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landownerPermalink Reply by S70441 on May 28, 2013 at 5:31

Thanks, my dad is a landowner in the block I was just trying to give him an update.

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