Any new news on 23 01s 04w received an offer looking for more


#1

Any new news on 23 01s 04w, stephens Co. I received an offer but looking for better.


#2

89Energy has filed quite a few cases at the OCC for 23- 01S-04W. You should have gotten them in the mail. Planning at least one more Woodford well and looks like a second one as well. One well will be in 23 & 26. The other well is in 14 & 23.


#3

Robyn: see topic “1S-4W (all Sections) Fall 2018”


#4

Offers of 3500/3/16, 3000/1/5th, 1000/1/4 in section 23. is that in the in the ballpark, or should I look for higher offers?


#5

In my experience, almost all of my first offers have been low to the final ones negotiated in oil territory. Gas, not so much. This is 1S-4W is oil prone for the Woodford.


#6

If those offers are to lease they look good. If they are to buy they are not even in the ballpark seems to me.


#7

If that is to lease I’d ask for more. All they can do is say we can’t do it and most of my experience they will give more especially if it’s a first offer.


#8

Hi there Martha! We spoke earlier about Section 22-2s-4w and the proposed contract. Echo has come back with a higher rate for 1/5. I forwarded the contract to your email with the last contract with 3/16. I think the contract language will be the same, with thew increases shown.Please let me know what you think.


#9

…new increases shown.


#10

What is their new offer, eli?