Total Helium has announced that the largest natural gas producer in the State of Kansas has exercised its option to purchase 25% of Total Helium's 3,648 acres near the Boltz Well in the Hugoton Gas Field of Kansas. Total had previously entered into a farmout with the Producer to drill the Boltz well on the Producer's oil, gas, and helium leases. As part of the agreement, the Producer had the right to purchase 25% of Total Helium's leases within the AMI, which the Producer has now exercised.
Kansas gas producer buys ~900 acres from Total Helium at Hugoton
Want to read more?
Subscribe to www.akapenergy.com to keep reading this exclusive post.