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Permalink Reply by EastTexasFarmer on December 6, 2020 at 14:44

Sod,

Aethon appears to be developing NON HBP mineral acreage within BP’s Laceyville field. Of course, this acreage is primarily owned by Black Stone Minerals, and the smaller, privately owned acreage is being used to build out the units. This development also includes areas where BP started development but did not finish (as you mention).

Aethon is currently drilling the Apato and Brachi Units (Patterson Rig 584), although I did notice that the 1H permits had SWR holds. Additionally, I was in Huntington this weekend and noticed new flagging at the gate entrance to the Everest Drilling Pad (which is permitted for one Haynesville and one Bossier well but not yet spudded). The gate was closed, so I could not determine what type of activity is actually occurring. We’ll just have to wait and read the new permits issued in the future.

Please consider my comments opinion only.

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