Hello, we just received a copy of the applications from our Owner/Operator to the Montana Board of Oil & Gas to establish a permanent Spacing unit on our tract, and to force pool the non-voluntary interests in this Spacing unit. Since we are leased with this Operator, I do not see any problems with force pooling the remaining interest owners, from our perspective at least. Also the temporary spacing unit was 1280 AC, and they are asking for the same for the PSU. I’d love to see the spacing unit lowered, of course, but I am guessing that this is just standard procedure at this point on a new well, and the letters we received are just the Oil Co fulfilling their obligations by informing interest owners. Does this seem reasonable?
Mark Presley