We were entered into this proposal via BLX and were not picked up. Would like to know the specifics from Mike on bonus/rate/length. Can that be obtained?
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I heard that nothing came from it all. Snyders were only able to move the deep rights on their HBP acreage. So I hear.
Permalink Reply by Daniel Rupert on July 15, 2012 at 11:34pm Mike, I realize that you may have no interest to reveal terms, but would you be able to disclose what counties were involved and which companies purchased these leases? We were involved in the same aggregate offering via BLX and received no information from signing of lease to surrender of lease. Anyhow, I congratulate you on your success and wish you the very best in the future. Take care and keep in touch!
Permalink Reply by Mike Knapp on July 16, 2012 at 3:29am Jasper,
We definitely moved some (though a tiny fraction) of the leases we brought in specifically to go into the deal.
Dan,
Thanks for the kind words, just sent you an e-mail.
Permalink Reply by Frank Walker on July 16, 2012 at 4:04pm Joseph
Mike has posted more information here:
http://gomarcellusshale.com/forum/topics/update-on-the-snyder-mds-k...
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