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Permalink Reply by Spring Branch,mineral owner on April 9, 2012 at 8:36

I have a very small Working Interest with them, Bobbie.  It is not a royaly interest. It is producing from the Cotton Valley

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Permalink Reply by Spring Branch,mineral owner on April 9, 2012 at 9:43

My Working Interest lies in T18S/R22W, Sections 10,11,14,15 &16. and comprises an area of about 1,160 acres.  Within that area there have been approximately 20 wells that have been drilled which I paid my share of, and that I received income for on 3/30/2012. I believe  there are still about 15 wells that Bonanza Creek either has drilled or intends to drill on the acreage, that were not included in my March revenue run.   I'm not quite sure whether I'm going broke fast or making money.  I've had this small Working Interest since the Crystal Oil days, which must be nearly 40 years now.  I hope this is helpful.

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Permalink Reply by Spring Branch,mineral owner on April 9, 2012 at 10:05

I am by no means an expert.  I did know your dad and acquired my interest shortly after your dad did.  As I recall, your dad inherited it from your grandfather who worked for Crystal Oil.

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Permalink Reply by Oklahomachic on April 9, 2012 at 9:23

Have you been participating in the openings of wells? If so, are you understanding the statements that we recieve each month? Thanks for any information you can provide... Shirley

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Permalink Reply by Spring Branch,mineral owner on April 9, 2012 at 9:53

I'm not sure I know what you mean when you refer to the openings of wells.  Bonanza Creek has been drilling new wells and I have participated in the risk and expense of those wells. 

Are you Bob Sewell's twins?

 

 

 

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Permalink Reply by Spring Branch,mineral owner on April 9, 2012 at 10:13

If one of you will give me your email address, I will respond.  Lets take it off the Go Haynesville web site.

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