Hi, I have this small parcel in Reeves County that was leased to Carrizo Oil and the lease will expire in September this year. No production I am aware of. I called to inquire about the lease but was told that lease was sold to Apache Corporation April 2018.
I have two questions: Is this typical for them to sell the lease to another company?
Does anyone know if there’s any activity on my parcel:
H&GN RR Survey #64, Block 13 Reeves County, TX
I have not heard anything from Carrizo or Apache. Not sure if they are interested in renewing the lease or if there’s any activity or production.
Thanks in advance for any information.