I believe they did a good thing by getting rid of the Austin chalk acreage as it was costing them a lot in admin and really not earning them alot in revenue. Just 1 of their next 4 Wilcox wells has the potential to earn them 10 times what the 5 Chalk wells were.
Remembering the first Wilcox well spuds within the next week!
Ann: Sale of Austin Chalk wells and acreage , page-4
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