Replies to This Discussion

landownerPermalink Reply by John Duck on July 22, 2026 at 12:15

I got the letter. It looked they would drill in the same location of the original well. And multiple wells.

Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on July 22, 2026 at 12:23

Yes, the three wells are encouraging.  The wells are in the few existing HA units in this township.  I hope to see Adamas applying for additional drilling units in the near future.

Permalink Reply by The Shadow on July 26, 2026 at 11:59

Skip, is there any particular reason that the Ashland area is not expanding?  

Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on July 26, 2026 at 12:06

Sheer speculation but the tier one acreage is largely drilled up and operators are looking to areas once deemed marginal.  There is hope that better well designs and expectations for rising natural gas demand may make those areas profitable.  Adamas has applied for two wells which is good and shows some confidence.  If those wells turn out to be economic I expect to see more of that township unitized for Haynesville production.  As John mentions in his reply above, this unit has an existing well pad and pipeline connection.  That helps.