As I was sitting in the local restaurant this morning , small city in Ohio, I overheard a couple guys who work in the industry. I won't mention who they work for but they were discussing the hurt that this industry is starting to go through. Alot of companies are doing away with jobs. Anyway from the sounds of it there's going to be an awful lot of vertical wells going in to hold properties. Never thought of that happening again since Oxford oil did it a few years ago. I can believe it will happen. Scary thought for alot of folks but maybe there's some good leases out now that will help prevent that. Let's hope
Unfortunately many of my neighbors are stuck in old Oxford leases that vulnerable to this tactic.