He doesn't do email.....does that surprise you? On the 120 acres, he got offered $1500 per acre/ 20% royalty and said no. Next week 2500 per acre/25% royalty and is holding out for more per acre I think! This is the same place we were signing for for $12,500 last year when they withdrew. No interest yet on the other 3,000 acres. He is not going to get that major money offer again, but we will see. I NEED TO REDO MY BATHROOMS!!!! Part of my message just disappeared.... NW
Circle D I do not have any idea about reserves. More production history is needed to project and estimate. We will just have to wait as the numbers come out. Also, at some point in the future Devon may comment about them especially if they think it is material to their reserves.
CIRCLE-D
Aug 25, 2008
Jaw
Sep 22, 2009
Jim York
Oct 25, 2011