SWN JIB collection
Lower Tick Creek Brown Dense sell off by SWN comes after failure to payout Sharp22, 3rd quarter 2016, when Sharp 22 well costs were covered. $7million of Sharp 22 production directed to SWN, bypassing UMI's. UMI's were wrongly billed JIB expenses for Benson 27. After 1700 JIB was netted by SWN from one UMI's production, under protest, a collection agent for SWN called to demand $89 dollars to clear the JIB billing expense. So much corruption...
Now a Velandera Energy Partners, LLC shows up...just another shade of SWN...same players, new name.
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Comment by Skip Peel - Mineral Consultant on December 16, 2019 at 7:56 -
Robin blog posts are hardly ever used or seen. They are only rarely used for long form posts that do not fit the site architecture for discussions and replies. You should post on the Lower Smackover Brown Dense group page, I'll post a link below. When you post there all 490 or so members of the group will get an email alerting them to your new discussion. I'd like to hear what they have to say to your post.
https://gohaynesvilleshale.com/group/brown-dense-lower-smackover
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