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Permalink Reply by Skip Peel - Mineral Consultant on October 24, 2018 at 4:08

Cynthia, Tanos has a rig in Bienville currently drilling a well and has an additional live permit for another.  Tanos completed a well in Webster 5/31/2018 which should be in pay by now.  The company has no live well permits at this time in Webster.

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Permalink Reply by Cynthia Garrison Payne on October 24, 2018 at 4:24

Thank you Skip.  We signed Division Orders a couple months ago.  I haven’t seen anything on my last check

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Permalink Reply by Skip Peel - Mineral Consultant on October 24, 2018 at 12:34

It usually takes two to three months from first production, at a minimum, to get royalty on a new well depending on the date the well was turned to sales.

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