COMPANY: XTO Energy Inc, ha ra sunn; Blankenship, 1: 243540.
WHERE: San Miguel Creek, S32. T. 10N R. 10W.
DAILY PRODUCTION:781 mcf gas on 13/64 choke; 0 barrels n/a gravity condensate; 40 barrels water. PRESSURE: 1153 lbs. SPECIFICS: Haynesville RA; perforations,13522-14274 feet, depth, 14622 feet.
I doubt they want to alert XTO to their intentions. I suspect what they want is a top lease and then a demand from as many of the unit the unit lessors they can line up to release their mineral rights from the existing lease. Depending on the lease terms this unknown company is offering, it might be a better deal. This is no simple question. It could benefit from counsel from an experienced O&G law firm.