john, though the well has been potentialed, there is no test report on the well file scout report. When you check the SONRIS Lite well file remember to scroll down below the well scout and look for the well test section. Sometimes the test results are posted before the actual completion data. Good Luck.
John, at vertical Pugh clause is triggered at the end of the primary term of the lease. The standard language releases the rights below the deepest depth drilled or produced plus 100' at the expiration of the primary term. You are owed royalty on any and all production by EXCO in a unit including your mineral tract.
Skip Peel - Mineral Consultant
Sep 6, 2010
Skip Peel - Mineral Consultant
john, if you will give me your email, I will get someone to call you with a counter offer. Skip
Nov 22, 2011
Skip Peel - Mineral Consultant
John, at vertical Pugh clause is triggered at the end of the primary term of the lease. The standard language releases the rights below the deepest depth drilled or produced plus 100' at the expiration of the primary term. You are owed royalty on any and all production by EXCO in a unit including your mineral tract.
Jan 5, 2012