Our family currently has two wells in pay in the STACK, Blaine County Section 32 14N 13W and Section 28 14N 13W. These wells are producing tremendous natural gas volume. My questions are: 1) When is the best time to sell? 0 to 6 months after first production or 6 to 12 months after first production? Or later? 2) What is the fair market value per acre for this part of the STACK? 3) Should we sell it all if the price is high enough and what would that price be for these two huge gas producers (currently 8.5 million cubic feet per day in 32 and 13.5 million cubic feet per day in 28)? 4) Are we crazy for selling at top price per acre (Maybe $17-20 thousand per acre) in these sections of the STACK with the potential for more wells down the road and a long term play? Thank you fellow owners and consultants for your input.
Greg Turner and family