Replies to This Discussion

Permalink Reply by bob blakey on January 31, 2018 at 5:12

Kathy, good to hear from you again.  I had sent you an email before posting this but it bounced back because of bad address.I did contack East Texas Exploration but the number they had for Thunderbird was also disconnected.

It would be good if Covey Park bought some of the wells as they have been active in exploration and redrilling.

If you hear anything, please let me know.

Thank you,

Bob Blakey

bob95409@sbcglobal.net

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Permalink Reply by Skip Peel - Mineral Consultant on January 31, 2018 at 7:02

I suggest you ask Julie, jffree1.

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Permalink Reply by bob blakey on January 31, 2018 at 11:59

Thanks Skip , I'll start new discussion to Julie and jfffree1'

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Permalink Reply by Skip Peel - Mineral Consultant on January 31, 2018 at 12:33

Very good.  Julie is jffree1.  I suggest you friend her.

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Permalink Reply by jffree1 on February 1, 2018 at 5:11

Bob, no need to start a new discussion. I know Tbird submitted all of their production reports for November. These are the phone numbers on record at RRC: (405) 600-0711 or (800) 955-1569. I don't know anything else but I would not be surprised to learn that the rumors had some truth to them. If they are in the middle of an ownership transition then there might be a delay while that is happening.

Just FYI: Thunderbird is GMX. See GMX Resources reorganizes as 2 companies

I pulled production numbers (HA only) for them just after the 15th, this month. Now, when I enter their operator #... I get no results. I can look up the wells individually and they still show Tbird as operator but I would, once again, not be surprised that some or all of those wells are in transition to a new operator. I say give it another week and then remind me and I'll check again to see if RRC has changed operator on your well. You'll need to give me the lease No.

JF

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Permalink Reply by bob blakey on February 1, 2018 at 5:57

JF, thanks for info.  I went thru the breakup/bankruptcy of GMX.

Prior to filing they sold off oll of their Cotton Valley wells to East Texas Exploration.

Somehow put the Haynesville wells in a separate company, Thunderbird Resources LP,  and continued to make royalty payments on the Haynesville wells while moving up into the Bakken and this probably was a costly mistake.

I hope a sale is in the works because from previous info from them there is a lot of undrilled locations in Harrison County that can be drilled.

I will hold off and see what happens in the next few weeks.  Also, the 1099's are due.

Thank you for getting back to me so quickly.

Bob Blakey

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Permalink Reply by bob blakey on February 2, 2018 at 11:01

Thanks to all that replied to my post on Thunderbird Resources LP.

Rec'd 1099 today along with a notice from Thunderbird advising a delay in all January royalty checks due to an "unforeseen software issue". further stated hope to resolve this issue as quickly as possible.

Noted, also that they had moved and were waiting for the service provider to transfer the telephone services.

Thanks to all that were giving me feedback.

Bob Blakey

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