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Since the trackage still needed considerable capital improvements to ensure its long-term survival, efforts turned to finding an interested Class I. Two ultimately stepped up, the Atchison, Topeka & Santa Fe and Southern Pacific. Through its subsidiary, St. Louis Southwestern Railway (Cotton Belt...
It’s not like the good old days where an oil well produced predictably for many years and the infrastructure could be built out with confidence that there would be a long term return on investment. Now we have jump around to different sweet spots, spend ten times as much to drill a wel...
Mr. Minton do you have continuous drilling provisions in your lease and if so may I ask, what year did you lease to EOG? I contend that at these oil prices the speculation about “drilling to hold leases” is vastly overblown, that most leases made in the Eagle Ford and Bakken before...