Quote:
Originally Posted by Pat Babaz
Wasn't that because it had a bunch of old played out wells on it that the new owner would be strictly liable for? Plug and abandon $$$$ and DEQ/EPA breathing down your neck all the time, might not have been as good a deal as it seemed.
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Nope. Had zero to do with it and 99% of it had a pipeline, but no wells. It was because it had zero interest for anybody but a duck hunter. It was shallow water marsh and that was all it was. No land access usually too. And most were being sold in 1000+ acre pieces, but our tract was smaller and it was $250/acre and I know of 1 other piece that was smaller that went for $250 also. The larger tracts might have even went for less.