Samson Resources bankruptcy

I just discovered that back in November Samson sold all their properties in La Plata County to Red Willow Production Company, a division of the Southern Ute Tribe. I have been in contact with Red Willow and they say that we should receive our royalty payments for December shortly. They should be getting in touch with you by mail soon. Whether Red Willow will return production back to the levels we saw with Samson, I don’t know. More likely production levels will depend on the coal-bed methane spot market prices. Since shale gas prices have been trending up let’s hope the same occurs for us. I don’t think we’re going to see the $4/unit prices we had back in 2014.