I do not have any idea what this is all about (yet), but when I do, I'll let you know: Zenergy has canceled 22 permits (February 9, 2010), all in McKenzie County, in the area of T151N-98W and T154N-104W.
Back on January 27, 2010, Zenergy canceled five (5) wells, again, all in McKenzie County. In that discussion, it was stated that Zenergy canceled permits for 640-acre spacing and was looking to request 1280-acre spacing instead. Time will tell.
Zenergy was granted 19 permits in 2009; 8 permits in 2008. Zenergy has been granted three (3) permits so far in 2010. By the way, a lot of Zavanna permits have been taken over by Zenergy.
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