I have 2 mineral interest locations ( Sec 35-18N- 5W & Sec 23-18N -5W) which were recently pooled by Dorado E&P. As a small producer, Dorado could be expected to have a certain limit to its cash flow which could restrict its ability to execute its plans for drilling the wells planned in the acreage that is has within the time periods allowed in the pooling orders. I have no info regarding Dorado's financial situation other than to recognize them as being one of the smaller and newer players in the area.
I can find no time of expiration in the Sec 23 pooling order; however the Sec 35 order is for a period of 1 year starting on Nov 4, 2014. My question is specifically directed to what happens when or if the order expires without completion, especially considering the time and expenses incurred to obtain the pooling order? A related question is what is the status of a working interest participant in the event the horizontal well is drilled but not fracked as has been recently suggested as an option open to the driller/producer in response to the low prices. Will the OCC allow this?