landowner

Goldston Oil

I have some news.  Goldston Oil has leased property south of Castor.  The lease does not cover Haynesville shale.  Just Hosston up.  Terms of the lease were 500/acre and 1/4 royalty for a 3 year only lease.  Any thoughts on Goldston?  I know they have wells in Texas.  I know the record on SONRIS does not look to good to me but they may have isolated something on the 3-D survey they want to go after.  It was only a small area they went after.  Any thoughts?

Marc

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Replies to This Discussion


landownerPermalink Reply by Marc Stepman on July 30, 2012 at 5:24

The well was started 7/25/12.  Here is the scan report. 

Marc

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landownerPermalink Reply by Marc Stepman on August 4, 2012 at 3:28

New Report for this week.   Drilling in progress. 

Marc

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landownerPermalink Reply by Marc Stepman on August 21, 2012 at 3:50

Looks like the plugged and abandoned the well.  Wished I had better news.

Marc

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