201602707 Location Exception
All by Oklahoma Energy Acquisitions-the first three scheduled for 7/26/16, the last for 8/22/16. No orders posted yet. (Chesapeake had a pooling for 6/21/16, but no news on that one. 201602064. They also had horizontal and Exception hearings back in 2015.)
Not unusual for third parties to come in close to pooling and try to lease. However, you do not have to do three years since pooling is max a year, so 18 months is reasonable.
Make sure you get the correct lease terms if you lease. Depth clause, commencement of drilling clause. NO post production costs, limit your shut in time, do not warrant title, etc.