Monday, January 21, 2008

Barnett Shale update - seismic

The neighborhood association's Oil & Gas Committee and Executive Committee recommend that property owners in the neighborhood NOT permit or comply with a seismic survey request from anyone at this time.

1) Seismic conducted prior to the lease signing might cause a company to rule out certain acreage; and 2) Such surface rights issues can be addressed in the lease.

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