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Re: jugs post# 19466

Monday, 06/19/2017 6:33:31 PM

Monday, June 19, 2017 6:33:31 PM

Post# of 21090
Terms if HDYN doesn't pay its share, if I'm remembering correctly, is 2% of the WI for each $1 million that Sapetro has to cover. Bottom line, HDYN needs to pay their share or potentially lose more of their WI per the agreement. No paranoia, and I'm sure a successful well will benefit all, but the funding side is my biggest concern here.