Activity on Red Unit 136,137 Lease

o’Lawrence,

Thanks for all the info sounds like it may be still a week or so before they get started fracking Red Unit 136/137. Guess we’ll wait a little while longer to come down that way, would sure like to see it when they start fracking, have been told it’s quite the sight with all the trucks and equipment. From what your saying that area right around us is one of the hottest area right now. I wish Primexx would hurry up and take out another permit on my area and drill another well. I quest all in good time.

Thanks,

Stan

o’Lawrence,

Have you noticed any activity south of you on Red Unit 136,137. I was hoping they would we getting closer to starting to frack.

Stan

Stan…That well in Red 136 on FM3334 is flaring to beat the band…as they get more water (flowback and produced) out of the well it seems the pressure and volume of the gas in increasing. It should stabilize soon and judging by the flare size, that’s a good well.

Lawrence,

Thanks for the update, we’ve been in Utah since first of April and just back to Lubbock. I had checked this week and was told division orders had gone out last week, but didn’t receive one and found out there was a screw up on some paper work. Primexx came up to Lubbock Thursday and got everything straight so should see division order this next week. Sounded like they are expecting good things from well, will be interesting to see how it all plays out. Glad to here you say that all indicators you see points to the same conclusion. I sure like the price of oil that i’ve been seeing but sure hated to see the drop Friday but it will bounce back in a week or two. Have a great Memorial Day weekend and thanks again for the update.

Stan Mitchel