from latest NESS pr, "New Lease Interests
Several additional assets are being vended into Ness with the addition of a multi well lease acquisition, to close within 30 days, by Management's estimate. This property, in Parker County, consists of about 1160+/- acres and has a total of 13 existing well bores. Ness may be able to rework these wells in the near future. President Stephens stated "Not only do these leases possess the Barnett Shale, they come with monthly net income. In addition, we picked up several leases in Dewitt County with re-entry prospects that could yield over 4 BCF per well."
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All posts are strictly my opinion and are not buy or sell recommendations.