Replies to This Discussion

Permalink Reply by dbob on October 24, 2012 at 16:29

DH - 

He may be able to hold more than the 640 acres with a well - There is no horizontal pugh on the Federal stuff, and it can be put in multiple units - literally, he could put 0.1 federal acres into a unit with private minerals, avoid most of the environmental stuff, and hold the entire federal lease associated with the 0.1 acre.  There's other ways to skin the cat, and I think his folks advising him gave him bad advice.

Permalink Reply by Dry Hole on October 24, 2012 at 16:42

Sounds like the Feds need some new advisers also

Permalink Reply by woodbine on October 28, 2012 at 22:37

Once Tekxon receives all approvals to drill, does it have to publicly disclose when it mobilises a rig or spuds a well? Or can it wait until the well is completed before filing with regulatory agencies?  ie. is it possible to know when a private company has received approvals and is starting to drill?

Permalink Reply by dbob on October 29, 2012 at 1:04

You can probably use Freedom of Information Act (FOIA) requests to have the agencies release the drilling permit etc.  Once there is actually a rig on the site, its almost always reported by one of the commercial services, which a few of the folks here follow closely.  I'm pretty certain we will be able to tell you when a rig is on it.

Permalink Reply by Dry Hole on January 2, 2013 at 12:01

Barrow Shaffer is drilling near Trinity Tx in Western Trinity County

   No word on Tom

 

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