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Permalink Reply by Skip Peel - Mineral Consultant 9 hours ago

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.

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Permalink Reply by Cole Prothro 8 hours ago

Thank you sir we have land in coushatta and three new permits and ones on the line

255106 WD 4&3&21&22-12-9 HC 001

328' FNL & 1707' FEL OF SEC 4-T12N-R9W. PBHL: 2470' FNL & 0' FEL OF SEC 21 & FWL OF SEC 22-T13N-R12W

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Permalink Reply by Skip Peel - Mineral Consultant 8 hours ago

You're welcome, Cole.  I have put that question to some of my contacts with the state.  Hopefully they have anticipated how this would be handled.

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Permalink Reply by w.r. frank 5 hours ago

I think it says how to allocate in the approved Field Oder

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Permalink Reply by Skip Peel - Mineral Consultant 5 hours ago

I think you are right, w.r.  You wouldn't be an industry member would you?

See Section 7 in the Field Order.  The "as drilled" survey may be a sticking point as horizontal lateral are never perfectly straight.

Boundary%20Lateral%20Production%20Allocation.pdf

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