Ovintiv is a large operator and formerly known as Encana (a Canadian company).
For option 2, was that meant to be 3/16th? Either way, I’d want to lock in the highest royalty possible with the best gas processing and other terms possible (short window to drill, etc) for a pending horizontal well on my property.
Am I following correctly that they’re wanting to drill a multiunit horizontal to test the Springer here? If so, are you in the Sharon Mae wells (which they operate)? It’d be the same idea as those wells (for better or worst), except those are Woodford. Do you own in Sec 22 or 27?