Red Fork is targeting a landholding position of ~50,000 acres and is undertaking an ongoing leasing program to achieve this. Red Fork is negotiating lease terms of 3 to 5 years. The leases are converted to Held By Production
(“HBP”) once a producing well is established on the lease. In this case the lease remains HBP whilst there is
commercial productio
Red Fork is targeting a landholding position of ~50,000 acres...
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