Again, looking for any information and advice on this area and proposed well. I need to decide if I want to lease or participate. It would be $5K to participate. Any info you guys can share would be appreciated.
Pam,
If you can pay the well cost out of other mineral rights royalty or bonus income, have at it but watch your year end unless you can accrue costs and revenue.
I think you would be doing better to consult your CPA. You can also always be non-consent. It's not either or.