We are getting royalty from a well that has one well head. We are in a 750 acre unit, of which we own 101 acres. There is one horizontal well that is only under about 350 of the 750 acres and not near our 101. What are the chances that more wells will be drilled on the existing pad? And, if they drill more, what's usually the time frame that they return?
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]