Understanding the Division Order - NEMI

Pete,

Thank you. We had uncovered the definition, but it still really doesn’t help a lot.

My father-in-law is the primary mineral holder, but a few parcels are owned by his deceased wife’s trust.

Of the wells he is involved in so far, only one involves this NEMI designation. In fact, that one well has five separate decimal divisions. One regular R1 and four separate NEM’s.

For practical purposes, are those small interests part of his overall interest in that well?