Cole, that is a question without an answer at this time. Although we have seen applications and permits for a handful of horizontal laterals that follow the line between two sections/units, we have not seen a completion report. The most logical assumption is that such a lateral with have 50% allocated to each unit. Considering the significant lag in completion reports being enter on SONRIS, this is a question that may not be answered until next year. When the first such wells are reported complete, we will reveal and discuss how this is handled.
Skip Peel - Mineral Consultant
Cole, that is a question without an answer at this time. Although we have seen applications and permits for a handful of horizontal laterals that follow the line between two sections/units, we have not seen a completion report. The most logical assumption is that such a lateral with have 50% allocated to each unit. Considering the significant lag in completion reports being enter on SONRIS, this is a question that may not be answered until next year. When the first such wells are reported complete, we will reveal and discuss how this is handled.
Jun 27