Land leases Colorado27 Oct 2018 12:46
I've listened a couple of times now. What comes to the fore is that he mentions the cost of land per acre at $5000/10000 even $20000. 4800 acres at $5000 is $24m . So are we buying up land for a third party (True) who are paying us for those services,as we've stated we're not going to be drilling. So we sort out the land parcels, permits multi pads etc, Plus a cut on production and maybe water supplies. I just can't fathom how we could have put the money down to get this amount of acreage,so someone is surely backing the project already.