Why would a well change its eff date?

Rex-Bryan in S. Caddo 34  16n-13w after several months of posting 0 production, was

recently aquired by Camtera who increased the choke from 12 to 64 and also changed 

the wells Effective Date from 01/2011 to 07/2014.  What might this mean for the wells

future or any of Camtera's adjoining units with sub-par performing wells. (such as section 033).

 Also why did they permit a hosston well in 33 16n-13w, if they have no plans to finish it.   

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Permalink Reply by Skip Peel - Mineral Consultant on November 21, 2014 at 10:13

7/2014 would be the effective date in the transfer of operator.  A permit is a piece of paper and not a well until a rig spuds.  The current Hosston permit is good until 1/31/2015.

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