Any news on this… I think they are getting ready to pool… Oklahoma Energy Exchange issued a notice of hearing on pooling June 7th but I never got an order to pool… anyone know what’s happening in this area? Another one I decided not to lease because of a poor lease…
Elizabeth, Pooling on 8-6-12 “Matter Recommended” which is like a verbal approval. Final Order has not yet been posted on OCC.
Elizabeth, saw on OCC daily docket 9/04 that Citation Oil and Gas applied for spacing and pooling on Section 5, Township 2N, Range 6W. Application on 6/21. I am about to sign lease from Continental on Section 5, Township 1N, Range 4W. Got a good lease. Landman thinks they will be pooling soon. They have been leasing for about 1 1/2 years now.
Virginia, she is in Township 2S, not 2N. Michael is correct in that the pooling was recommended for Section 5, Township 2S, Range 6W. Reading the original pooling order suggested that this area is forty-acre spacing, drilling shallow wells that make around 20 OBPD. Elizabeth, your area is in a different play than where Virginia is located.
Sorry Michael, Richard, Elizabeth, I stand corrected. 
So should I just wait for the pooling order or try to lease before then? I have a small interest (I think says 80 acres but the net acres are .245… probably get higher interest with pooling if no bonus?
Michael Hutchison said:
Elizabeth, Pooling on 8-6-12 “Matter Recommended” which is like a verbal approval. Final Order has not yet been posted on OCC.
If you don’t have a lease already you have probably been force pooled. Pooling will probably give you 2 or 3 choices unless you want the little bit of bonus money you would be better off taking 1/4 royalty no bonus if they offer it.