Fayette and Lavaca County TX Oil Activity

Monster did have issues…a bunch, more than Parr did. I heard it was not a equipment issue but difficulties in the formation going east once they started the lateral.

Was told Remeirs was a piece of cake compared with Monster. Redhawk now hesitant on how far east they want the “new” units. Our “maps” might be changing depending on frac results of monster…could be a slight westerly shift.

They were also debating the plans of going east of Lavaca river…which would be north of Chapman unit…and going up to Parr. Talking just putting one unit from the Matrix units in richerson survey to the east ending at the west boundary of the Lavaca river and west of FM 957…. IMO they will still try it since Parr is said to be a “productive”well after the fixes…but not a 7.5 month payback as planned. Again talk amongst the “junior executives” not the main decision maker…..and this was the discussion before Parr flowback even started….so hopefully Parr results have put those units back on the “map’.