Stephens County, OK

Anyone know of activity in the area of Section 33 1N 5W in Stephens County? I just leased a few months ago and just got a letter from “Cardinal Energy” wanting to buy my mineral interest for $8000 per acre.

There is a permit issued on a new well.

http://imaging.occeweb.com/OG/Well%20Records/1DD1C766.pdf

Rick Howell said:

There is a permit issued on a new well.

http://imaging.occeweb.com/OG/Well%20Records/1DD1C766.pdf

Forgive my ignorance Rick, but what does that actually mean?

It means they will be drilling a new well there soon. I’d guess within the next few months.

Thank you Rick…why would another company be trying to buy my mineral interest?

Rick Howell said:

It means they will be drilling a new well there soon. I’d guess within the next few months.

Rick, do you know about the Emergency Order filed by Continental?

Connie, which emergency order? On what Section? This one in 31-1N-5W is a Marathon well.

Let me get my paper

S3-3S-4W in Stephens County. Says to establish new drilling & spacing units

Connie, They are going to drill a Woodford Horizontal there. What are you trying to figure out about it?