Application for Permit to Drill (APD)

You may not see Phoenix drilling as your operator as other operators are also in the area. It is common that there are several working interest partners in a well. Krakken is the other leasing group in those sections. Most of the leases have a five year primary term and expire in 2029, so lots of time left to drill.

Of the 20 active permits in Richland right now, Continental has four, Heritage has four and Krakken has 12. Continental has suspended new drilling until the economics get better, but are still continuing regular operations. No current permits in your township right now, but plenty of time for later.