"As a result FPEC will own 33.3% and Samson 66.7% within the project area, and therefore, Samson’s consequent land position in the Roosevelt Project is 30,000 net acres with FPEC holding 15,000 net acres. The agreement also records FPEC’s election to not participate in the Australia II or Gretel II and their respective spacing units."
FPEC should be joining us on this well
"Prairie Falcon #1-36H well has commenced with regulatory approval being granted for the spacing unit for a 10,000 ft. east-west lateral in Sections 35 and 36, 0.75 miles east of the Abercrombie well and 1 mile south and east of the Gretel well."
SSN Price at posting:
5.3¢ Sentiment: Hold Disclosure: Held
