Has anyone else heard from Aethon lately about their plans to extend more horizontal wells on existing leases in San Augustine County? I have received proposed Production Sharing Agreements for my three leases, and it all sounds very promising.
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Anybody:
Our attorney appears to have been the subject of an alien abduction (hopefully nothing bad has happened).
So, ...... does anybody feel comfortable making a referral for an attorney to review the Production Sharing Agreement.
I will post my email if you don't want to make the referral public.
philbware@msn.com
Thanks!
Phillip, my O&G attorneys are Davidson Summers APLC in Shreveport, LA. Lake Hearne handles most of the Texas clients and should be well versed in PSAs. You may reach him at 318-424-4342 or lhearne@davidsonsummers.com. Let him know that I referred you.
OK, thanks so much!
Good night!
This week I received a PSA for the Walters Unit from Covey Park. Sharing is based on the percentage of the lateral in each unit. Since longer laterals are the most economical drilling approach now I expect there will be many PSAs for the older wells in San Augustine County.
Long laterals are the new normal so your expectations will likely be met.
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
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