Does anybody have information regarding current activity for permits in Howard County? Most specifically all of Sections 19, 20, and East 3/4 of Section 30; Block 32. We recently discovered that we own an interest through SM Energy on 4 wells. I know that there have been a lot of permits in the county, however, we are eventually looking to divest. I just want to make sure to maximize the return with a timeline. We had gotten a really high offer out of nowhere, but they were really not complete with the details they had regarding our ownership in all four wells. Through emails, they eventually said they had acquired all they wanted and were no longer interested. Does this make sense to anyone?
32S or 32 N? Makes a difference.
The SM Energy wells are in Section 19, Block 32, T1S (Waco Kid A & B) and Section 20, Block 32, T1S (Willie Scott A&B). The question is:
Do you own minerals in Both sections which are leased to SM, or do you own an Overriding Royalty Interest and/or a working interest. You have referred to your holdings as “as interest in … 4 wells”.