Gdaf,
Aren't these the same producing acres that Hilcorp has just sold a 40% stake in?
And with a working interest of 10% ADI needs 10 wells to get the financial impact of 1 well. So with 6 producing wells ADI effectively have .6 of a well producing at the moment? Maybe 1 at the end of the year?
anyone know the new creeping-acquisition laws?, page-12
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