Steve Kirkpatrick
2 hrs
Update - 10/16/18 - 12 Noon
GRW - I am working with a bonding agency that may be able to issue a surety bond ($500/year) for the Oklahoma operator's license in lieu of putting up a $25,000 CD.
Moving forward with the field work on GRW leases as soon as fields are dry enough to "bush hog" to remove some high grass. One electrical supply line to a few wells needs to be located and repaired. Once we have the field cleared and all wells pumping again we will began the process of doing the "lateral shots" to increase production.
I have decided to go ahead and try to move to Oklahoma so that I can be very "hands on" up there, and can visit the wells daily if needed. We also have an option on another 200+ wells in the immediate area, and if GRW comes on profitably we will pursue more wells and production.
Since oil prices have risen, everything in Texas has gotten too expensive for a small oil/gas operation with limited funding.
All comments are my opinions only.
