section 4 township 23 S R28E… what’s going on here? Worth 8k per acre? Tell me what you think. Thank you!
Here’s a map of the legal description you provided. There’s heavy activity to the south of you. However, around where your legal description is, there’s a drop off in activity. There are wells in the area, but they don’t perform as well as the wells to the south. Not too sure about the worth since it looks riskier. Happy to provide more information.
What’s your lease royalty? Are you included in the newly permitted wells?
Where do you see newly permitted wells? I have 3/16th royalty grandfathered.
April 2018 in the S/2.