Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant on October 9, 2019 at 9:54

Thanks for the clarification, Mark.  Roxanna Acadia has only your four wells, 2 completions, listed under that name so not much to go on regarding the company.  Brammer is a capable contract operator and drills a lot of horizontal wells for a number of operating companies.  Your well cost looks reasonable and early results look pretty good. I am a little surprised at the API gravity for that TVD. Yes, if you want a drilling commitment it is a good idea not to be too "greedy" on lease terms.  Anything you would care to share regarding Olympia I'm sure would be found of interest by the members in your AOI.  Olympia was part of a number of discussions in the early days of the Haynesville Play on the southern end of the fairway.  Some background on that would likely draw the interest of mineral owners in Sabine Parish.  Good to hear from you.  Don't be a stranger.

Permalink Reply by Quarter Royalty on September 3, 2019 at 4:49

Open Hole. 

http://ucmwww.dnr.state.la.us/ucmsearch/UCMRedir.aspx?url=http%3a%2...

Total well cost of $2.5MM

http://ucmwww.dnr.state.la.us/ucmsearch/UCMRedir.aspx?url=http%3a%2... 

Permalink Reply by Skip Peel - Mineral Consultant on September 3, 2019 at 4:57

Saw those reports.  Was hoping you might know something regarding stimulation.  S/N 251139 appears to have paid out in about twelve months.

Permalink Reply by Mark Hughston on October 9, 2019 at 10:12

no stimulation.  open hole  natural flowing wells

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