Dose anyone know whats going on around here?
We have a well in section 1 16north 14 west
21,29,28-T16n-R ? w I need Range to look it up.
Ron. Our well went in production June 2011 and started getting checks February 2012. We were getting paid a small amount for gas based on original production figures plus for oil and distillate. This March and April we got paid a nice amount for gas for every month going back to June 2011. I thought this was strange to be back paid. When I asked CR revenue department I was told our well was a ( Take in Kind well) and they had just got paid. Have you heard of such a thing.
Carol Newbourne has started paper work for horzizontal wells in 21 & 28
Larry I have heard of Take in Kind for Working Interest owners. Did you ask them for interest for the late payments ?