I’m happy with the 1/5 @ $150 for the lease in 2-3N-1W (2 year lease), we’re working on terms. Now I’m into the next big big step of learning what really matters in the terms
We’re already on the docket for pooling in mid-January and they claim to be ready to drill in the first quarter so they are motivated and so am I. If we go to pooling I think I can make the case for 1/4 no bonus which I’d prefer but then obviously we don’t get necessarily good terms beyond that, as I understand it today.