No Moss 3 Landfill Online Library › YouTube Archive › @VADMME › 2023-03-28-Virginia Gas and Oil Board Meeting March 21, 2023
Virginia Gas and Oil Board Meeting March 21, 2023
This is a recording of the Virginia Gas and Oil Board meeting held March 21, 2023 at the Virginia Department of Energy's Big Stone Gap office.
View Original: Virginia Gas and Oil Board Meeting March 21, 2023 (Video) | Virginia Energy (Channel) | Virginia Energy (Uploader)
Download/View: Video (.mkv) | Subtitles (.vtt)
^ Back to top of page.Video Transcript (approximately)
This transcript may contain automatically generated subtitles as generated using YouTube's automatic subtitles feature. They may not be correct. No effort has been made to correct them (so far). These transcripts, whether or not generated, are also used in the site's Search feature. Please review the Search Policy for details about the site features.
WEBVTT Kind: captions Language: en 00:00:02.159 --> 00:00:06.050 align:start position:0% uh<00:00:03.300>Virginia <00:00:03.899>Gas <00:00:04.319>and <00:00:04.560>Oil <00:00:04.740>board <00:00:04.920>to <00:00:05.880>order 00:00:06.050 --> 00:00:06.060 align:start position:0% uh Virginia Gas and Oil board to order 00:00:06.060 --> 00:00:07.970 align:start position:0% uh Virginia Gas and Oil board to order this<00:00:06.420>is <00:00:06.600>March <00:00:06.899>the <00:00:06.960>21st <00:00:07.440>we're <00:00:07.680>in <00:00:07.799>Big 00:00:07.970 --> 00:00:07.980 align:start position:0% this is March the 21st we're in Big 00:00:07.980 --> 00:00:11.209 align:start position:0% this is March the 21st we're in Big Stone<00:00:08.220>Gap <00:00:08.519>and <00:00:08.820>their <00:00:09.599>offices <00:00:10.500>and <00:00:10.860>we <00:00:11.040>would 00:00:11.209 --> 00:00:11.219 align:start position:0% Stone Gap and their offices and we would 00:00:11.219 --> 00:00:13.190 align:start position:0% Stone Gap and their offices and we would like<00:00:11.400>for <00:00:11.580>everyone <00:00:11.760>to <00:00:12.179>please <00:00:12.300>mute <00:00:12.780>or <00:00:13.019>turn 00:00:13.190 --> 00:00:13.200 align:start position:0% like for everyone to please mute or turn 00:00:13.200 --> 00:00:14.690 align:start position:0% like for everyone to please mute or turn off<00:00:13.380>your <00:00:13.559>cell <00:00:13.799>phones <00:00:14.099>as <00:00:14.340>these 00:00:14.690 --> 00:00:14.700 align:start position:0% off your cell phones as these 00:00:14.700 --> 00:00:17.269 align:start position:0% off your cell phones as these proceedings<00:00:15.240>are <00:00:15.480>being <00:00:15.660>recorded 00:00:17.269 --> 00:00:17.279 align:start position:0% proceedings are being recorded 00:00:17.279 --> 00:00:19.490 align:start position:0% proceedings are being recorded uh<00:00:17.699>the <00:00:17.880>first <00:00:18.000>item <00:00:18.420>on <00:00:18.539>the <00:00:18.660>docket <00:00:19.020>is <00:00:19.199>we're 00:00:19.490 --> 00:00:19.500 align:start position:0% uh the first item on the docket is we're 00:00:19.500 --> 00:00:21.170 align:start position:0% uh the first item on the docket is we're a<00:00:19.859>review <00:00:20.220>and <00:00:20.580>approve <00:00:20.880>the <00:00:21.060>remote 00:00:21.170 --> 00:00:21.180 align:start position:0% a review and approve the remote 00:00:21.180 --> 00:00:23.090 align:start position:0% a review and approve the remote attendance<00:00:21.840>resolution <00:00:22.380>for <00:00:22.740>any <00:00:22.859>board 00:00:23.090 --> 00:00:23.100 align:start position:0% attendance resolution for any board 00:00:23.100 --> 00:00:25.250 align:start position:0% attendance resolution for any board members<00:00:23.460>that <00:00:23.880>was <00:00:24.480>not <00:00:24.660>attending <00:00:25.080>the 00:00:25.250 --> 00:00:25.260 align:start position:0% members that was not attending the 00:00:25.260 --> 00:00:26.630 align:start position:0% members that was not attending the meeting<00:00:25.439>remotely 00:00:26.630 --> 00:00:26.640 align:start position:0% meeting remotely 00:00:26.640 --> 00:00:28.670 align:start position:0% meeting remotely we<00:00:27.060>have <00:00:27.240>any <00:00:27.539>questions <00:00:27.840>or <00:00:28.260>we <00:00:28.380>have <00:00:28.560>a 00:00:28.670 --> 00:00:28.680 align:start position:0% we have any questions or we have a 00:00:28.680 --> 00:00:31.250 align:start position:0% we have any questions or we have a motion 00:00:31.250 --> 00:00:31.260 align:start position:0% 00:00:31.260 --> 00:00:34.069 align:start position:0% did<00:00:31.800>we <00:00:31.980>receive <00:00:32.460>those <00:00:33.180>from <00:00:33.360>folks <00:00:33.840>we 00:00:34.069 --> 00:00:34.079 align:start position:0% did we receive those from folks we 00:00:34.079 --> 00:00:36.470 align:start position:0% did we receive those from folks we received<00:00:34.559>one <00:00:34.739>from <00:00:35.040>Mr <00:00:35.280>praker <00:00:35.820>and <00:00:35.940>I <00:00:36.120>signed 00:00:36.470 --> 00:00:36.480 align:start position:0% received one from Mr praker and I signed 00:00:36.480 --> 00:00:38.270 align:start position:0% received one from Mr praker and I signed it<00:00:36.540>okay 00:00:38.270 --> 00:00:38.280 align:start position:0% it okay 00:00:38.280 --> 00:00:41.330 align:start position:0% it okay after<00:00:38.579>we <00:00:38.880>went <00:00:39.000>through <00:00:39.180>that <00:00:39.360>yes 00:00:41.330 --> 00:00:41.340 align:start position:0% after we went through that yes 00:00:41.340 --> 00:00:43.970 align:start position:0% after we went through that yes so<00:00:41.760>we <00:00:41.940>have <00:00:42.059>a <00:00:42.180>motion <00:00:42.480>to <00:00:42.660>approve <00:00:43.020>uh <00:00:43.620>motion 00:00:43.970 --> 00:00:43.980 align:start position:0% so we have a motion to approve uh motion 00:00:43.980 --> 00:00:45.590 align:start position:0% so we have a motion to approve uh motion to<00:00:44.100>approve <00:00:44.399>in <00:00:44.700>a <00:00:44.879>second 00:00:45.590 --> 00:00:45.600 align:start position:0% to approve in a second 00:00:45.600 --> 00:00:49.549 align:start position:0% to approve in a second second<00:00:46.079>any <00:00:46.559>discussion 00:00:49.549 --> 00:00:49.559 align:start position:0% 00:00:49.559 --> 00:00:52.369 align:start position:0% the<00:00:49.980>board <00:00:50.100>acts <00:00:50.640>uh <00:00:51.180>Miss <00:00:51.660>Gilmer <00:00:52.140>you <00:00:52.260>want 00:00:52.369 --> 00:00:52.379 align:start position:0% the board acts uh Miss Gilmer you want 00:00:52.379 --> 00:00:54.470 align:start position:0% the board acts uh Miss Gilmer you want to<00:00:52.500>call <00:00:52.620>the <00:00:52.800>road 00:00:54.470 --> 00:00:54.480 align:start position:0% to call the road 00:00:54.480 --> 00:00:58.610 align:start position:0% to call the road Mr<00:00:54.960>Harris <00:00:55.399>uh <00:00:56.399>yes <00:00:56.640>Mr <00:00:57.059>Ratliff <00:00:57.660>yes <00:00:57.840>Mr 00:00:58.610 --> 00:00:58.620 align:start position:0% Mr Harris uh yes Mr Ratliff yes Mr 00:00:58.620 --> 00:01:06.289 align:start position:0% Mr Harris uh yes Mr Ratliff yes Mr Jensen<00:00:59.280>yes <00:00:59.699>Miss <00:01:00.059>Surratt <00:01:00.600>yes <00:01:01.140>Mr <00:01:01.980>Prather 00:01:06.289 --> 00:01:06.299 align:start position:0% 00:01:06.299 --> 00:01:09.350 align:start position:0% okay<00:01:06.720>we'll <00:01:07.020>do <00:01:07.200>that 00:01:09.350 --> 00:01:09.360 align:start position:0% okay we'll do that 00:01:09.360 --> 00:01:11.690 align:start position:0% okay we'll do that okay<00:01:09.960>thank <00:01:10.439>you <00:01:10.619>now <00:01:10.860>I <00:01:11.220>would <00:01:11.340>ask <00:01:11.520>the 00:01:11.690 --> 00:01:11.700 align:start position:0% okay thank you now I would ask the 00:01:11.700 --> 00:01:13.550 align:start position:0% okay thank you now I would ask the boards<00:01:12.119>to <00:01:12.240>introduce <00:01:12.840>themselves <00:01:13.200>starting 00:01:13.550 --> 00:01:13.560 align:start position:0% boards to introduce themselves starting 00:01:13.560 --> 00:01:16.370 align:start position:0% boards to introduce themselves starting with<00:01:13.860>Miss <00:01:14.040>threat <00:01:14.520>please <00:01:14.760>I'm <00:01:15.479>Rita <00:01:15.840>Surat 00:01:16.370 --> 00:01:16.380 align:start position:0% with Miss threat please I'm Rita Surat 00:01:16.380 --> 00:01:19.250 align:start position:0% with Miss threat please I'm Rita Surat public<00:01:16.680>member <00:01:17.700>I'm <00:01:18.180>Gus <00:01:18.540>Jansen <00:01:18.960>a <00:01:19.140>public 00:01:19.250 --> 00:01:19.260 align:start position:0% public member I'm Gus Jansen a public 00:01:19.260 --> 00:01:20.149 align:start position:0% public member I'm Gus Jansen a public member 00:01:20.149 --> 00:01:20.159 align:start position:0% member 00:01:20.159 --> 00:01:22.670 align:start position:0% member I'm<00:01:20.580>Donnie <00:01:20.939>Ratliff <00:01:21.420>I'm <00:01:21.720>represent <00:01:22.200>Cole 00:01:22.670 --> 00:01:22.680 align:start position:0% I'm Donnie Ratliff I'm represent Cole 00:01:22.680 --> 00:01:24.830 align:start position:0% I'm Donnie Ratliff I'm represent Cole and<00:01:22.860>service <00:01:23.040>your <00:01:23.340>chairman <00:01:23.759>I'm <00:01:24.659>Bill 00:01:24.830 --> 00:01:24.840 align:start position:0% and service your chairman I'm Bill 00:01:24.840 --> 00:01:30.710 align:start position:0% and service your chairman I'm Bill Harris<00:01:25.080>a <00:01:25.560>public <00:01:25.920>member 00:01:30.710 --> 00:01:30.720 align:start position:0% 00:01:30.720 --> 00:01:34.310 align:start position:0% we<00:01:31.320>have <00:01:31.560>a <00:01:31.680>quorum 00:01:34.310 --> 00:01:34.320 align:start position:0% 00:01:34.320 --> 00:01:36.710 align:start position:0% next<00:01:34.799>the <00:01:35.040>board <00:01:35.220>will <00:01:35.460>receive <00:01:36.000>public 00:01:36.710 --> 00:01:36.720 align:start position:0% next the board will receive public 00:01:36.720 --> 00:01:39.469 align:start position:0% next the board will receive public comments<00:01:37.320>if <00:01:37.680>there's <00:01:37.860>anyone <00:01:38.220>that <00:01:38.880>wants <00:01:39.420>to 00:01:39.469 --> 00:01:39.479 align:start position:0% comments if there's anyone that wants to 00:01:39.479 --> 00:01:41.569 align:start position:0% comments if there's anyone that wants to address<00:01:39.600>the <00:01:39.960>board 00:01:41.569 --> 00:01:41.579 align:start position:0% address the board 00:01:41.579 --> 00:01:43.850 align:start position:0% address the board no<00:01:42.000>one <00:01:42.180>signed <00:01:42.540>up <00:01:42.600>I <00:01:42.900>don't <00:01:43.020>see <00:01:43.200>anyone <00:01:43.560>so 00:01:43.850 --> 00:01:43.860 align:start position:0% no one signed up I don't see anyone so 00:01:43.860 --> 00:01:44.690 align:start position:0% no one signed up I don't see anyone so we'll 00:01:44.690 --> 00:01:44.700 align:start position:0% we'll 00:01:44.700 --> 00:01:47.030 align:start position:0% we'll go<00:01:45.420>Mr <00:01:45.780>Schwartz <00:01:46.200>if <00:01:46.320>you <00:01:46.439>don't <00:01:46.560>mind <00:01:46.740>Mr 00:01:47.030 --> 00:01:47.040 align:start position:0% go Mr Schwartz if you don't mind Mr 00:01:47.040 --> 00:01:49.190 align:start position:0% go Mr Schwartz if you don't mind Mr Mullins<00:01:47.460>has <00:01:47.759>an <00:01:47.939>early <00:01:48.060>court <00:01:48.420>date <00:01:48.720>and <00:01:48.960>we'd 00:01:49.190 --> 00:01:49.200 align:start position:0% Mullins has an early court date and we'd 00:01:49.200 --> 00:01:51.710 align:start position:0% Mullins has an early court date and we'd like<00:01:49.320>to <00:01:49.500>skip <00:01:49.680>down <00:01:49.920>and <00:01:50.159>pick <00:01:50.340>up <00:01:50.520>key <00:01:51.240>Rock's 00:01:51.710 --> 00:01:51.720 align:start position:0% like to skip down and pick up key Rock's 00:01:51.720 --> 00:01:55.149 align:start position:0% like to skip down and pick up key Rock's petition<00:01:52.439>number <00:01:52.740>nine <00:01:53.100>first <00:01:53.399>and <00:01:53.640>least 00:01:55.149 --> 00:01:55.159 align:start position:0% petition number nine first and least 00:01:55.159 --> 00:01:58.310 align:start position:0% petition number nine first and least that<00:01:56.159>would <00:01:56.280>be <00:01:56.460>fine <00:01:56.640>with <00:01:56.880>me <00:01:57.000>or <00:01:57.659>okay 00:01:58.310 --> 00:01:58.320 align:start position:0% that would be fine with me or okay 00:01:58.320 --> 00:02:15.229 align:start position:0% that would be fine with me or okay gentlemen<00:01:58.920>if <00:01:59.100>you <00:01:59.220>want <00:01:59.340>to <00:01:59.520>come <00:02:00.420>forward 00:02:15.229 --> 00:02:15.239 align:start position:0% 00:02:15.239 --> 00:02:19.030 align:start position:0% I<00:02:15.480>want <00:02:15.660>to <00:02:15.900>swear 00:02:19.030 --> 00:02:19.040 align:start position:0% 00:02:19.040 --> 00:02:29.630 align:start position:0% we're<00:02:20.040>doing <00:02:20.220>nine <00:02:20.819>first <00:02:21.239>key <00:02:21.720>Rock 00:02:29.630 --> 00:02:29.640 align:start position:0% 00:02:29.640 --> 00:02:31.309 align:start position:0% would<00:02:30.180>you <00:02:30.360>introduce <00:02:30.660>yourself <00:02:30.840>first 00:02:31.309 --> 00:02:31.319 align:start position:0% would you introduce yourself first 00:02:31.319 --> 00:02:33.890 align:start position:0% would you introduce yourself first please<00:02:31.620>so <00:02:32.040>we <00:02:32.340>Brady <00:02:33.180>bones <00:02:33.420>represent 00:02:33.890 --> 00:02:33.900 align:start position:0% please so we Brady bones represent 00:02:33.900 --> 00:02:36.650 align:start position:0% please so we Brady bones represent t-rock<00:02:34.500>energy <00:02:34.620>okay <00:02:35.340>Morgan <00:02:35.819>pay <00:02:36.239>key <00:02:36.480>Rock 00:02:36.650 --> 00:02:36.660 align:start position:0% t-rock energy okay Morgan pay key Rock 00:02:36.660 --> 00:02:39.350 align:start position:0% t-rock energy okay Morgan pay key Rock Energy<00:02:36.840>okay <00:02:37.500>Mark <00:02:38.040>Alderman <00:02:38.640>K-Rock <00:02:39.180>energy 00:02:39.350 --> 00:02:39.360 align:start position:0% Energy okay Mark Alderman K-Rock energy 00:02:39.360 --> 00:02:42.290 align:start position:0% Energy okay Mark Alderman K-Rock energy thank<00:02:40.080>you <00:02:40.200>Mr <00:02:40.980>alamed <00:02:41.580>and <00:02:41.700>Mr <00:02:41.879>Pate <00:02:42.180>you 00:02:42.290 --> 00:02:42.300 align:start position:0% thank you Mr alamed and Mr Pate you 00:02:42.300 --> 00:02:43.850 align:start position:0% thank you Mr alamed and Mr Pate you swearing<00:02:42.720>in <00:02:42.840>front <00:02:42.959>of <00:02:43.019>your <00:02:43.140>testimony <00:02:43.560>it's 00:02:43.850 --> 00:02:43.860 align:start position:0% swearing in front of your testimony it's 00:02:43.860 --> 00:02:45.110 align:start position:0% swearing in front of your testimony it's the<00:02:44.040>truth <00:02:44.160>the <00:02:44.340>whole <00:02:44.459>truth <00:02:44.700>and <00:02:44.940>nothing 00:02:45.110 --> 00:02:45.120 align:start position:0% the truth the whole truth and nothing 00:02:45.120 --> 00:02:47.990 align:start position:0% the truth the whole truth and nothing but<00:02:45.420>the <00:02:45.599>truth <00:02:45.900>yes <00:02:46.260>ma'am <00:02:46.680>I <00:02:46.920>do <00:02:47.099>you <00:02:47.819>may 00:02:47.990 --> 00:02:48.000 align:start position:0% but the truth yes ma'am I do you may 00:02:48.000 --> 00:02:49.430 align:start position:0% but the truth yes ma'am I do you may proceed<00:02:48.300>Mr <00:02:48.599>well 00:02:49.430 --> 00:02:49.440 align:start position:0% proceed Mr well 00:02:49.440 --> 00:02:50.869 align:start position:0% proceed Mr well thank<00:02:49.680>you 00:02:50.869 --> 00:02:50.879 align:start position:0% thank you 00:02:50.879 --> 00:02:52.910 align:start position:0% thank you Mr<00:02:51.300>Pate <00:02:51.660>could <00:02:51.840>you <00:02:51.959>please <00:02:52.140>state <00:02:52.440>your <00:02:52.680>name 00:02:52.910 --> 00:02:52.920 align:start position:0% Mr Pate could you please state your name 00:02:52.920 --> 00:02:54.890 align:start position:0% Mr Pate could you please state your name uh<00:02:53.459>by <00:02:53.640>Senator <00:02:54.000>employed <00:02:54.420>in <00:02:54.599>your <00:02:54.780>job 00:02:54.890 --> 00:02:54.900 align:start position:0% uh by Senator employed in your job 00:02:54.900 --> 00:02:57.229 align:start position:0% uh by Senator employed in your job description<00:02:55.319>please <00:02:55.680>Morgan <00:02:56.400>Pete <00:02:57.000>I'm 00:02:57.229 --> 00:02:57.239 align:start position:0% description please Morgan Pete I'm 00:02:57.239 --> 00:02:58.970 align:start position:0% description please Morgan Pete I'm employed<00:02:57.660>by <00:02:57.780>keyrock <00:02:58.200>energy <00:02:58.319>and <00:02:58.620>I'm <00:02:58.800>a 00:02:58.970 --> 00:02:58.980 align:start position:0% employed by keyrock energy and I'm a 00:02:58.980 --> 00:03:01.910 align:start position:0% employed by keyrock energy and I'm a geologist<00:02:59.300>and <00:03:00.300>as <00:03:00.540>key <00:03:00.720>Rock <00:03:00.900>Energy <00:03:01.200>uh 00:03:01.910 --> 00:03:01.920 align:start position:0% geologist and as key Rock Energy uh 00:03:01.920 --> 00:03:03.470 align:start position:0% geologist and as key Rock Energy uh authorized<00:03:02.400>to <00:03:02.459>conduct <00:03:02.819>business <00:03:03.060>in <00:03:03.360>the 00:03:03.470 --> 00:03:03.480 align:start position:0% authorized to conduct business in the 00:03:03.480 --> 00:03:05.750 align:start position:0% authorized to conduct business in the Commonwealth<00:03:03.959>of <00:03:04.080>Virginia <00:03:04.200>yes <00:03:04.980>and <00:03:05.640>they 00:03:05.750 --> 00:03:05.760 align:start position:0% Commonwealth of Virginia yes and they 00:03:05.760 --> 00:03:08.030 align:start position:0% Commonwealth of Virginia yes and they have<00:03:05.940>filed <00:03:06.300>a <00:03:06.480>bond <00:03:06.780>uh <00:03:07.500>with <00:03:07.800>this 00:03:08.030 --> 00:03:08.040 align:start position:0% have filed a bond uh with this 00:03:08.040 --> 00:03:10.309 align:start position:0% have filed a bond uh with this department<00:03:08.220>is <00:03:08.580>that <00:03:08.760>correct <00:03:09.180>yes <00:03:09.599>and 00:03:10.309 --> 00:03:10.319 align:start position:0% department is that correct yes and 00:03:10.319 --> 00:03:11.750 align:start position:0% department is that correct yes and you're<00:03:10.500>familiar <00:03:10.860>with <00:03:11.099>the <00:03:11.280>application 00:03:11.750 --> 00:03:11.760 align:start position:0% you're familiar with the application 00:03:11.760 --> 00:03:13.369 align:start position:0% you're familiar with the application that<00:03:12.420>we're <00:03:12.540>talking <00:03:12.659>about <00:03:12.840>today <00:03:13.080>this 00:03:13.369 --> 00:03:13.379 align:start position:0% that we're talking about today this 00:03:13.379 --> 00:03:16.570 align:start position:0% that we're talking about today this would<00:03:13.560>be <00:03:13.680>vgov 00:03:16.570 --> 00:03:16.580 align:start position:0% 00:03:16.580 --> 00:03:19.390 align:start position:0% 22-1220-4254<00:03:17.580>yes 00:03:19.390 --> 00:03:19.400 align:start position:0% 22-1220-4254 yes 00:03:19.400 --> 00:03:22.430 align:start position:0% 22-1220-4254 yes and<00:03:20.400>this <00:03:20.819>is <00:03:20.940>for <00:03:21.180>a <00:03:21.300>Kobe <00:03:21.599>methane <00:03:22.080>will <00:03:22.260>is 00:03:22.430 --> 00:03:22.440 align:start position:0% and this is for a Kobe methane will is 00:03:22.440 --> 00:03:25.130 align:start position:0% and this is for a Kobe methane will is that<00:03:22.560>correct <00:03:22.739>yes <00:03:23.400>and <00:03:24.120>this <00:03:24.300>is <00:03:24.480>located <00:03:24.720>in 00:03:25.130 --> 00:03:25.140 align:start position:0% that correct yes and this is located in 00:03:25.140 --> 00:03:28.250 align:start position:0% that correct yes and this is located in the<00:03:25.319>Nora <00:03:25.739>gas <00:03:25.920>field <00:03:26.220>yes <00:03:26.940>and <00:03:27.840>how <00:03:28.080>many 00:03:28.250 --> 00:03:28.260 align:start position:0% the Nora gas field yes and how many 00:03:28.260 --> 00:03:30.229 align:start position:0% the Nora gas field yes and how many acres<00:03:28.620>does <00:03:28.920>this <00:03:29.099>proposed <00:03:29.519>unit <00:03:29.700>contain 00:03:30.229 --> 00:03:30.239 align:start position:0% acres does this proposed unit contain 00:03:30.239 --> 00:03:32.330 align:start position:0% acres does this proposed unit contain 482. 00:03:32.330 --> 00:03:32.340 align:start position:0% 482. 00:03:32.340 --> 00:03:34.550 align:start position:0% 482. and<00:03:32.819>can <00:03:33.000>you <00:03:33.180>explain <00:03:33.480>to <00:03:33.900>the <00:03:34.019>board <00:03:34.200>what 00:03:34.550 --> 00:03:34.560 align:start position:0% and can you explain to the board what 00:03:34.560 --> 00:03:37.070 align:start position:0% and can you explain to the board what key<00:03:34.739>Rock <00:03:34.980>plans <00:03:35.459>to <00:03:35.640>do <00:03:35.819>if <00:03:36.300>this <00:03:36.540>application 00:03:37.070 --> 00:03:37.080 align:start position:0% key Rock plans to do if this application 00:03:37.080 --> 00:03:42.050 align:start position:0% key Rock plans to do if this application is<00:03:37.379>granted <00:03:38.280>uh <00:03:39.180>we <00:03:39.360>will <00:03:39.540>drill <00:03:39.900>into <00:03:40.379>the <00:03:40.799>uh 00:03:42.050 --> 00:03:42.060 align:start position:0% is granted uh we will drill into the uh 00:03:42.060 --> 00:03:44.869 align:start position:0% is granted uh we will drill into the uh mine<00:03:42.720>works <00:03:43.260>for <00:03:43.860>the <00:03:43.980>purpose <00:03:44.220>of <00:03:44.400>producing 00:03:44.869 --> 00:03:44.879 align:start position:0% mine works for the purpose of producing 00:03:44.879 --> 00:03:47.869 align:start position:0% mine works for the purpose of producing Gob<00:03:45.599>gas <00:03:45.780>and <00:03:46.379>generating <00:03:46.739>carbon <00:03:47.099>credits 00:03:47.869 --> 00:03:47.879 align:start position:0% Gob gas and generating carbon credits 00:03:47.879 --> 00:03:50.390 align:start position:0% Gob gas and generating carbon credits and<00:03:48.420>after <00:03:48.659>the <00:03:49.080>after <00:03:49.379>these <00:03:49.799>carbon <00:03:50.099>credits 00:03:50.390 --> 00:03:50.400 align:start position:0% and after the after these carbon credits 00:03:50.400 --> 00:03:52.070 align:start position:0% and after the after these carbon credits are<00:03:50.459>generated <00:03:50.760>what <00:03:50.940>do <00:03:51.060>you <00:03:51.180>do <00:03:51.299>with <00:03:51.480>them 00:03:52.070 --> 00:03:52.080 align:start position:0% are generated what do you do with them 00:03:52.080 --> 00:03:54.710 align:start position:0% are generated what do you do with them uh<00:03:52.799>sell <00:03:53.099>them <00:03:53.280>on <00:03:53.519>the <00:03:53.640>open <00:03:53.760>market 00:03:54.710 --> 00:03:54.720 align:start position:0% uh sell them on the open market 00:03:54.720 --> 00:03:57.949 align:start position:0% uh sell them on the open market and<00:03:55.200>What <00:03:55.560>entity <00:03:55.980>uh <00:03:56.580>oversees <00:03:57.120>those <00:03:57.420>suits 00:03:57.949 --> 00:03:57.959 align:start position:0% and What entity uh oversees those suits 00:03:57.959 --> 00:04:00.729 align:start position:0% and What entity uh oversees those suits California<00:03:58.500>Air <00:03:58.860>Resource <00:03:59.340>Board <00:03:59.599>all <00:04:00.599>right 00:04:00.729 --> 00:04:00.739 align:start position:0% California Air Resource Board all right 00:04:00.739 --> 00:04:03.530 align:start position:0% California Air Resource Board all right and<00:04:01.739>what <00:04:02.099>seam <00:04:02.340>of <00:04:02.459>coal <00:04:02.819>is <00:04:03.000>the <00:04:03.120>coal <00:04:03.420>bed 00:04:03.530 --> 00:04:03.540 align:start position:0% and what seam of coal is the coal bed 00:04:03.540 --> 00:04:06.350 align:start position:0% and what seam of coal is the coal bed methane<00:04:03.959>produced <00:04:04.379>from <00:04:04.500>Jawbone 00:04:06.350 --> 00:04:06.360 align:start position:0% methane produced from Jawbone 00:04:06.360 --> 00:04:08.869 align:start position:0% methane produced from Jawbone and<00:04:06.959>have <00:04:07.200>you <00:04:07.379>obtained <00:04:07.739>leases <00:04:08.280>for <00:04:08.580>a 00:04:08.869 --> 00:04:08.879 align:start position:0% and have you obtained leases for a 00:04:08.879 --> 00:04:10.250 align:start position:0% and have you obtained leases for a portion<00:04:09.120>of <00:04:09.299>this <00:04:09.480>unit 00:04:10.250 --> 00:04:10.260 align:start position:0% portion of this unit 00:04:10.260 --> 00:04:14.030 align:start position:0% portion of this unit yeah<00:04:10.920>and <00:04:11.819>is <00:04:12.060>that <00:04:12.299>uh <00:04:12.659>with <00:04:12.900>intervest <00:04:13.379>yes 00:04:14.030 --> 00:04:14.040 align:start position:0% yeah and is that uh with intervest yes 00:04:14.040 --> 00:04:16.610 align:start position:0% yeah and is that uh with intervest yes sir<00:04:14.220>and <00:04:15.060>just <00:04:15.239>so <00:04:15.420>that <00:04:15.599>the <00:04:15.780>board <00:04:15.959>recalls 00:04:16.610 --> 00:04:16.620 align:start position:0% sir and just so that the board recalls 00:04:16.620 --> 00:04:18.710 align:start position:0% sir and just so that the board recalls uh<00:04:17.160>this <00:04:17.400>is <00:04:17.519>a <00:04:17.699>situation <00:04:18.000>where <00:04:18.239>intervest 00:04:18.710 --> 00:04:18.720 align:start position:0% uh this is a situation where intervest 00:04:18.720 --> 00:04:22.189 align:start position:0% uh this is a situation where intervest has<00:04:18.959>the <00:04:19.199>entire <00:04:19.560>proposed <00:04:20.220>unit <00:04:20.459>leased <00:04:21.199>but 00:04:22.189 --> 00:04:22.199 align:start position:0% has the entire proposed unit leased but 00:04:22.199 --> 00:04:24.830 align:start position:0% has the entire proposed unit leased but they<00:04:22.440>uh <00:04:23.040>they <00:04:23.400>have <00:04:23.520>only <00:04:23.759>released <00:04:24.300>two <00:04:24.600>key 00:04:24.830 --> 00:04:24.840 align:start position:0% they uh they have only released two key 00:04:24.840 --> 00:04:27.650 align:start position:0% they uh they have only released two key Rock<00:04:25.139>portion <00:04:25.680>that <00:04:25.860>they <00:04:26.040>offered 00:04:27.650 --> 00:04:27.660 align:start position:0% Rock portion that they offered 00:04:27.660 --> 00:04:29.270 align:start position:0% Rock portion that they offered there<00:04:28.080>was <00:04:28.199>some <00:04:28.380>discussion <00:04:28.740>of <00:04:28.860>that <00:04:29.040>last 00:04:29.270 --> 00:04:29.280 align:start position:0% there was some discussion of that last 00:04:29.280 --> 00:04:31.430 align:start position:0% there was some discussion of that last night<00:04:29.520>or <00:04:29.820>last <00:04:30.180>month 00:04:31.430 --> 00:04:31.440 align:start position:0% night or last month 00:04:31.440 --> 00:04:33.830 align:start position:0% night or last month uh<00:04:32.220>and <00:04:32.520>how <00:04:32.699>is <00:04:32.940>the <00:04:33.060>interface <00:04:33.300>conform <00:04:33.660>to 00:04:33.830 --> 00:04:33.840 align:start position:0% uh and how is the interface conform to 00:04:33.840 --> 00:04:36.170 align:start position:0% uh and how is the interface conform to this<00:04:34.020>procedure <00:04:34.560>uh <00:04:35.340>certified <00:04:35.639>return 00:04:36.170 --> 00:04:36.180 align:start position:0% this procedure uh certified mail return 00:04:36.180 --> 00:04:38.450 align:start position:0% this procedure uh certified mail return receipt<00:04:36.720>for <00:04:37.020>a <00:04:37.259>question <00:04:37.320>and <00:04:38.040>has <00:04:38.220>the 00:04:38.450 --> 00:04:38.460 align:start position:0% receipt for a question and has the 00:04:38.460 --> 00:04:40.070 align:start position:0% receipt for a question and has the notice<00:04:38.820>uh <00:04:39.300>with <00:04:39.540>the <00:04:39.660>associate 00:04:40.070 --> 00:04:40.080 align:start position:0% notice uh with the associate 00:04:40.080 --> 00:04:41.749 align:start position:0% notice uh with the associate documentation<00:04:40.680>been <00:04:40.919>filed <00:04:41.280>with <00:04:41.400>this <00:04:41.580>board 00:04:41.749 --> 00:04:41.759 align:start position:0% documentation been filed with this board 00:04:41.759 --> 00:04:44.629 align:start position:0% documentation been filed with this board yes<00:04:42.360>and <00:04:43.080>what <00:04:43.199>percentage <00:04:43.680>of <00:04:43.860>the <00:04:44.040>unit <00:04:44.280>does 00:04:44.629 --> 00:04:44.639 align:start position:0% yes and what percentage of the unit does 00:04:44.639 --> 00:04:46.430 align:start position:0% yes and what percentage of the unit does uh<00:04:45.060>key <00:04:45.240>Rock <00:04:45.479>have <00:04:45.780>under <00:04:45.960>lease <00:04:46.320>from 00:04:46.430 --> 00:04:46.440 align:start position:0% uh key Rock have under lease from 00:04:46.440 --> 00:04:47.650 align:start position:0% uh key Rock have under lease from intervest 00:04:47.650 --> 00:04:47.660 align:start position:0% intervest 00:04:47.660 --> 00:04:51.710 align:start position:0% intervest 88.8<00:04:48.919>and <00:04:49.919>so <00:04:50.160>the <00:04:50.520>the <00:04:50.699>percentage <00:04:51.540>that 00:04:51.710 --> 00:04:51.720 align:start position:0% 88.8 and so the the percentage that 00:04:51.720 --> 00:04:53.870 align:start position:0% 88.8 and so the the percentage that kirok<00:04:52.199>does <00:04:52.320>not <00:04:52.500>have <00:04:52.620>is <00:04:52.740>that <00:04:52.860>11.2 <00:04:53.699>percent 00:04:53.870 --> 00:04:53.880 align:start position:0% kirok does not have is that 11.2 percent 00:04:53.880 --> 00:04:56.870 align:start position:0% kirok does not have is that 11.2 percent yes<00:04:54.780>and <00:04:55.500>are <00:04:55.680>all <00:04:55.800>those <00:04:55.979>owners <00:04:56.340>listed <00:04:56.759>on 00:04:56.870 --> 00:04:56.880 align:start position:0% yes and are all those owners listed on 00:04:56.880 --> 00:05:01.010 align:start position:0% yes and are all those owners listed on exhibit<00:04:57.419>B3 <00:04:57.900>of <00:04:58.500>the <00:04:58.680>application <00:04:59.160>yes <00:04:59.880>and <00:05:00.780>as 00:05:01.010 --> 00:05:01.020 align:start position:0% exhibit B3 of the application yes and as 00:05:01.020 --> 00:05:03.170 align:start position:0% exhibit B3 of the application yes and as we<00:05:01.199>stated <00:05:01.380>all <00:05:01.680>the <00:05:01.800>owners <00:05:02.040>on <00:05:02.220>B3 <00:05:02.639>are 00:05:03.170 --> 00:05:03.180 align:start position:0% we stated all the owners on B3 are 00:05:03.180 --> 00:05:04.909 align:start position:0% we stated all the owners on B3 are already<00:05:03.360>under <00:05:03.660>lease <00:05:04.020>with <00:05:04.199>intervest <00:05:04.620>is 00:05:04.909 --> 00:05:04.919 align:start position:0% already under lease with intervest is 00:05:04.919 --> 00:05:06.830 align:start position:0% already under lease with intervest is that<00:05:05.100>correct <00:05:05.280>yes 00:05:06.830 --> 00:05:06.840 align:start position:0% that correct yes 00:05:06.840 --> 00:05:08.210 align:start position:0% that correct yes and<00:05:07.199>were <00:05:07.380>there <00:05:07.620>discussions <00:05:08.040>with 00:05:08.210 --> 00:05:08.220 align:start position:0% and were there discussions with 00:05:08.220 --> 00:05:10.370 align:start position:0% and were there discussions with intervest<00:05:08.699>and <00:05:09.000>their <00:05:09.180>counsel <00:05:09.540>Mr <00:05:09.780>Scott <00:05:10.020>as 00:05:10.370 --> 00:05:10.380 align:start position:0% intervest and their counsel Mr Scott as 00:05:10.380 --> 00:05:12.230 align:start position:0% intervest and their counsel Mr Scott as to<00:05:10.560>how <00:05:10.620>to <00:05:10.800>handle <00:05:11.040>these <00:05:11.220>owners <00:05:11.520>there <00:05:12.060>was 00:05:12.230 --> 00:05:12.240 align:start position:0% to how to handle these owners there was 00:05:12.240 --> 00:05:14.510 align:start position:0% to how to handle these owners there was and<00:05:13.199>after <00:05:13.380>those <00:05:13.680>discussions <00:05:14.100>it <00:05:14.340>was 00:05:14.510 --> 00:05:14.520 align:start position:0% and after those discussions it was 00:05:14.520 --> 00:05:16.129 align:start position:0% and after those discussions it was decided<00:05:14.940>to <00:05:15.000>apply <00:05:15.300>for <00:05:15.479>pooling <00:05:15.900>of <00:05:16.020>their 00:05:16.129 --> 00:05:16.139 align:start position:0% decided to apply for pooling of their 00:05:16.139 --> 00:05:19.370 align:start position:0% decided to apply for pooling of their interests<00:05:16.620>yes <00:05:17.940>and <00:05:18.479>intervest <00:05:18.900>was <00:05:19.199>not 00:05:19.370 --> 00:05:19.380 align:start position:0% interests yes and intervest was not 00:05:19.380 --> 00:05:21.350 align:start position:0% interests yes and intervest was not interested<00:05:19.800>in <00:05:20.100>any <00:05:20.280>type <00:05:20.460>of <00:05:20.639>sublease <00:05:21.180>or 00:05:21.350 --> 00:05:21.360 align:start position:0% interested in any type of sublease or 00:05:21.360 --> 00:05:24.469 align:start position:0% interested in any type of sublease or handling<00:05:21.780>uh <00:05:22.500>uh <00:05:23.280>handling <00:05:23.759>directly <00:05:24.240>with 00:05:24.469 --> 00:05:24.479 align:start position:0% handling uh uh handling directly with 00:05:24.479 --> 00:05:26.870 align:start position:0% handling uh uh handling directly with key<00:05:24.660>Rock <00:05:24.900>on <00:05:25.259>the <00:05:25.440>the <00:05:25.620>least <00:05:25.800>of <00:05:26.039>this <00:05:26.160>11.2 00:05:26.870 --> 00:05:26.880 align:start position:0% key Rock on the the least of this 11.2 00:05:26.880 --> 00:05:28.850 align:start position:0% key Rock on the the least of this 11.2 percent<00:05:27.000>they <00:05:27.479>were <00:05:27.660>not 00:05:28.850 --> 00:05:28.860 align:start position:0% percent they were not 00:05:28.860 --> 00:05:31.430 align:start position:0% percent they were not and<00:05:29.400>how <00:05:29.639>were <00:05:29.759>these <00:05:30.000>Unleashed <00:05:30.600>owners <00:05:30.900>uh 00:05:31.430 --> 00:05:31.440 align:start position:0% and how were these Unleashed owners uh 00:05:31.440 --> 00:05:33.529 align:start position:0% and how were these Unleashed owners uh informed<00:05:31.919>of <00:05:32.039>this <00:05:32.220>proceeding <00:05:32.699>certified 00:05:33.529 --> 00:05:33.539 align:start position:0% informed of this proceeding certified 00:05:33.539 --> 00:05:37.070 align:start position:0% informed of this proceeding certified mail<00:05:33.840>return <00:05:34.440>receipt <00:05:34.979>requested <00:05:35.940>and <00:05:36.780>uh 00:05:37.070 --> 00:05:37.080 align:start position:0% mail return receipt requested and uh 00:05:37.080 --> 00:05:38.510 align:start position:0% mail return receipt requested and uh there<00:05:37.500>were <00:05:37.560>some <00:05:37.680>owners <00:05:37.979>for <00:05:38.160>whom <00:05:38.340>the 00:05:38.510 --> 00:05:38.520 align:start position:0% there were some owners for whom the 00:05:38.520 --> 00:05:40.310 align:start position:0% there were some owners for whom the certified<00:05:38.759>was <00:05:39.360>not <00:05:39.479>claimed <00:05:39.960>is <00:05:40.139>that 00:05:40.310 --> 00:05:40.320 align:start position:0% certified mail was not claimed is that 00:05:40.320 --> 00:05:42.710 align:start position:0% certified mail was not claimed is that correct<00:05:40.680>yes <00:05:41.340>and <00:05:41.880>would <00:05:42.000>that <00:05:42.180>be <00:05:42.360>Yates 00:05:42.710 --> 00:05:42.720 align:start position:0% correct yes and would that be Yates 00:05:42.720 --> 00:05:46.070 align:start position:0% correct yes and would that be Yates Chapel<00:05:43.139>Church <00:05:43.580>Alma <00:05:44.580>McKinney <00:05:45.180>Melissa <00:05:45.960>Ann 00:05:46.070 --> 00:05:46.080 align:start position:0% Chapel Church Alma McKinney Melissa Ann 00:05:46.080 --> 00:05:48.950 align:start position:0% Chapel Church Alma McKinney Melissa Ann Atkins<00:05:46.560>and <00:05:47.039>Nicholas <00:05:47.460>Allen <00:05:47.940>Adkins <00:05:48.479>that's 00:05:48.950 --> 00:05:48.960 align:start position:0% Atkins and Nicholas Allen Adkins that's 00:05:48.960 --> 00:05:52.189 align:start position:0% Atkins and Nicholas Allen Adkins that's correct<00:05:49.320>and <00:05:50.280>the <00:05:50.400>head <00:05:50.580>of <00:05:50.759>key <00:05:50.880>Rock <00:05:51.120>uh <00:05:52.020>try 00:05:52.189 --> 00:05:52.199 align:start position:0% correct and the head of key Rock uh try 00:05:52.199 --> 00:05:54.110 align:start position:0% correct and the head of key Rock uh try to<00:05:52.380>notify <00:05:52.860>these <00:05:53.280>uh <00:05:53.520>owners <00:05:53.759>who <00:05:53.940>didn't 00:05:54.110 --> 00:05:54.120 align:start position:0% to notify these uh owners who didn't 00:05:54.120 --> 00:05:55.969 align:start position:0% to notify these uh owners who didn't pick<00:05:54.360>up <00:05:54.479>the <00:05:54.600>we <00:05:55.139>were <00:05:55.320>in <00:05:55.440>in <00:05:55.860>the 00:05:55.969 --> 00:05:55.979 align:start position:0% pick up the mail we were in in the 00:05:55.979 --> 00:05:57.890 align:start position:0% pick up the mail we were in in the Dickinson<00:05:56.340>starts 00:05:57.890 --> 00:05:57.900 align:start position:0% Dickinson starts 00:05:57.900 --> 00:06:01.249 align:start position:0% Dickinson starts and<00:05:58.620>are <00:05:59.100>there <00:05:59.280>any <00:05:59.460>unknown <00:05:59.940>owners <00:06:00.419>in <00:06:00.960>this 00:06:01.249 --> 00:06:01.259 align:start position:0% and are there any unknown owners in this 00:06:01.259 --> 00:06:04.070 align:start position:0% and are there any unknown owners in this petition<00:06:01.800>that <00:06:02.160>you're <00:06:02.280>aware <00:06:02.580>of <00:06:02.699>no 00:06:04.070 --> 00:06:04.080 align:start position:0% petition that you're aware of no 00:06:04.080 --> 00:06:06.710 align:start position:0% petition that you're aware of no and<00:06:04.560>you're <00:06:04.740>seeking <00:06:05.160>to <00:06:05.280>pool <00:06:05.460>100 <00:06:05.699>today <00:06:06.360>is 00:06:06.710 --> 00:06:06.720 align:start position:0% and you're seeking to pool 100 today is 00:06:06.720 --> 00:06:09.050 align:start position:0% and you're seeking to pool 100 today is that<00:06:06.960>correct <00:06:07.139>yes <00:06:07.800>and <00:06:08.520>you're <00:06:08.639>requesting 00:06:09.050 --> 00:06:09.060 align:start position:0% that correct yes and you're requesting 00:06:09.060 --> 00:06:11.570 align:start position:0% that correct yes and you're requesting that<00:06:09.300>the <00:06:09.479>board <00:06:09.600>pool <00:06:09.960>all <00:06:10.620>of <00:06:10.919>the <00:06:11.160>owners <00:06:11.400>is 00:06:11.570 --> 00:06:11.580 align:start position:0% that the board pool all of the owners is 00:06:11.580 --> 00:06:14.270 align:start position:0% that the board pool all of the owners is listed<00:06:11.940>on <00:06:12.060>exhibit <00:06:12.539>B <00:06:12.780>yes 00:06:14.270 --> 00:06:14.280 align:start position:0% listed on exhibit B yes 00:06:14.280 --> 00:06:15.890 align:start position:0% listed on exhibit B yes now<00:06:14.580>are <00:06:14.759>you <00:06:14.940>also <00:06:15.180>requesting <00:06:15.660>the <00:06:15.780>board 00:06:15.890 --> 00:06:15.900 align:start position:0% now are you also requesting the board 00:06:15.900 --> 00:06:18.350 align:start position:0% now are you also requesting the board establishment<00:06:16.560>for <00:06:16.800>a <00:06:17.160>procedure <00:06:17.639>parties 00:06:18.350 --> 00:06:18.360 align:start position:0% establishment for a procedure parties 00:06:18.360 --> 00:06:20.930 align:start position:0% establishment for a procedure parties listed<00:06:18.720>on <00:06:18.840>exhibit <00:06:19.259>B3 <00:06:19.620>shall <00:06:20.039>have <00:06:20.280>uh 00:06:20.930 --> 00:06:20.940 align:start position:0% listed on exhibit B3 shall have uh 00:06:20.940 --> 00:06:23.809 align:start position:0% listed on exhibit B3 shall have uh several<00:06:21.479>options <00:06:21.960>uh <00:06:22.500>listed <00:06:22.919>uh <00:06:23.400>given <00:06:23.699>to 00:06:23.809 --> 00:06:23.819 align:start position:0% several options uh listed uh given to 00:06:23.819 --> 00:06:34.249 align:start position:0% several options uh listed uh given to them<00:06:23.940>for <00:06:24.240>how <00:06:24.419>they <00:06:24.539>might <00:06:24.720>participate <00:06:25.259>yes 00:06:34.249 --> 00:06:34.259 align:start position:0% 00:06:34.259 --> 00:06:37.309 align:start position:0% and<00:06:34.860>are <00:06:35.039>those <00:06:35.400>options <00:06:36.360>contained <00:06:36.960>in <00:06:37.139>the 00:06:37.309 --> 00:06:37.319 align:start position:0% and are those options contained in the 00:06:37.319 --> 00:06:38.990 align:start position:0% and are those options contained in the proposed<00:06:37.680>order <00:06:37.860>that's <00:06:38.220>been <00:06:38.460>submitted <00:06:38.880>to 00:06:38.990 --> 00:06:39.000 align:start position:0% proposed order that's been submitted to 00:06:39.000 --> 00:06:42.110 align:start position:0% proposed order that's been submitted to this<00:06:39.120>board <00:06:39.360>under <00:06:39.720>uh <00:06:40.500>paragraph <00:06:40.979>nine <00:06:41.400>yep 00:06:42.110 --> 00:06:42.120 align:start position:0% this board under uh paragraph nine yep 00:06:42.120 --> 00:06:45.110 align:start position:0% this board under uh paragraph nine yep yes 00:06:45.110 --> 00:06:45.120 align:start position:0% 00:06:45.120 --> 00:06:47.330 align:start position:0% and<00:06:45.720>the <00:06:45.840>lease <00:06:46.139>terms <00:06:46.560>if <00:06:46.800>there <00:06:46.979>were <00:06:47.100>to <00:06:47.220>be 00:06:47.330 --> 00:06:47.340 align:start position:0% and the lease terms if there were to be 00:06:47.340 --> 00:06:49.129 align:start position:0% and the lease terms if there were to be a<00:06:47.580>voluntary <00:06:47.940>lease <00:06:48.360>would <00:06:48.600>those <00:06:48.780>be <00:06:48.960>the 00:06:49.129 --> 00:06:49.139 align:start position:0% a voluntary lease would those be the 00:06:49.139 --> 00:06:51.590 align:start position:0% a voluntary lease would those be the same<00:06:49.319>terms <00:06:49.740>as <00:06:49.919>which <00:06:50.100>you've <00:06:50.460>offered <00:06:50.880>uh <00:06:51.479>uh 00:06:51.590 --> 00:06:51.600 align:start position:0% same terms as which you've offered uh uh 00:06:51.600 --> 00:06:54.770 align:start position:0% same terms as which you've offered uh uh the<00:06:51.960>least <00:06:52.139>to <00:06:52.380>intervest <00:06:52.740>yes <00:06:53.280>okay 00:06:54.770 --> 00:06:54.780 align:start position:0% the least to intervest yes okay 00:06:54.780 --> 00:06:56.930 align:start position:0% the least to intervest yes okay and<00:06:55.259>what's <00:06:55.440>the <00:06:55.740>proposed <00:06:56.220>depth <00:06:56.580>of <00:06:56.759>this 00:06:56.930 --> 00:06:56.940 align:start position:0% and what's the proposed depth of this 00:06:56.940 --> 00:07:00.230 align:start position:0% and what's the proposed depth of this wheel<00:06:57.180>uh <00:06:57.780>550 <00:06:58.620>feet <00:06:58.919>and <00:06:59.699>what <00:06:59.940>are <00:07:00.120>the 00:07:00.230 --> 00:07:00.240 align:start position:0% wheel uh 550 feet and what are the 00:07:00.240 --> 00:07:04.370 align:start position:0% wheel uh 550 feet and what are the estimated<00:07:00.660>reserves <00:07:01.319>uh <00:07:02.100>1030 <00:07:02.880>mmcs 00:07:04.370 --> 00:07:04.380 align:start position:0% estimated reserves uh 1030 mmcs 00:07:04.380 --> 00:07:06.170 align:start position:0% estimated reserves uh 1030 mmcs and<00:07:04.919>you're <00:07:05.039>familiar <00:07:05.340>with <00:07:05.520>the <00:07:05.699>projected 00:07:06.170 --> 00:07:06.180 align:start position:0% and you're familiar with the projected 00:07:06.180 --> 00:07:09.409 align:start position:0% and you're familiar with the projected whale<00:07:06.479>cost <00:07:06.660>is <00:07:07.020>that <00:07:07.199>correct <00:07:07.380>yes <00:07:08.220>and <00:07:09.180>uh 00:07:09.409 --> 00:07:09.419 align:start position:0% whale cost is that correct yes and uh 00:07:09.419 --> 00:07:11.570 align:start position:0% whale cost is that correct yes and uh what<00:07:09.780>is <00:07:09.960>the <00:07:10.259>uh <00:07:10.380>the <00:07:10.740>projected <00:07:11.100>well <00:07:11.340>cost 00:07:11.570 --> 00:07:11.580 align:start position:0% what is the uh the projected well cost 00:07:11.580 --> 00:07:14.689 align:start position:0% what is the uh the projected well cost in<00:07:11.880>this <00:07:12.060>matter <00:07:12.240>approximately <00:07:13.199>227 <00:07:14.460>000. 00:07:14.689 --> 00:07:14.699 align:start position:0% in this matter approximately 227 000. 00:07:14.699 --> 00:07:16.969 align:start position:0% in this matter approximately 227 000. and<00:07:15.419>are <00:07:15.539>you <00:07:15.720>asking <00:07:16.020>the <00:07:16.139>board <00:07:16.319>to <00:07:16.560>create <00:07:16.740>a 00:07:16.969 --> 00:07:16.979 align:start position:0% and are you asking the board to create a 00:07:16.979 --> 00:07:19.430 align:start position:0% and are you asking the board to create a sealed<00:07:17.400>Gob <00:07:17.699>unit <00:07:17.940>uh <00:07:18.539>to <00:07:18.660>further <00:07:18.960>pool <00:07:19.199>that 00:07:19.430 --> 00:07:19.440 align:start position:0% sealed Gob unit uh to further pool that 00:07:19.440 --> 00:07:23.089 align:start position:0% sealed Gob unit uh to further pool that unit<00:07:19.740>yes <00:07:20.520>and <00:07:21.419>the <00:07:21.599>pooling <00:07:22.020>uh <00:07:22.500>by <00:07:22.680>interface 00:07:23.089 --> 00:07:23.099 align:start position:0% unit yes and the pooling uh by interface 00:07:23.099 --> 00:07:25.189 align:start position:0% unit yes and the pooling uh by interface would<00:07:23.340>be <00:07:23.520>voluntary <00:07:24.000>is <00:07:24.180>that <00:07:24.419>correct <00:07:24.599>yes 00:07:25.189 --> 00:07:25.199 align:start position:0% would be voluntary is that correct yes 00:07:25.199 --> 00:07:27.469 align:start position:0% would be voluntary is that correct yes and<00:07:25.620>then <00:07:25.800>the <00:07:26.099>the <00:07:26.280>remaining <00:07:27.000>owners <00:07:27.300>would 00:07:27.469 --> 00:07:27.479 align:start position:0% and then the the remaining owners would 00:07:27.479 --> 00:07:29.150 align:start position:0% and then the the remaining owners would have<00:07:27.660>one <00:07:27.840>of <00:07:27.960>these <00:07:28.080>options <00:07:28.380>listed <00:07:28.860>in <00:07:28.979>the 00:07:29.150 --> 00:07:29.160 align:start position:0% have one of these options listed in the 00:07:29.160 --> 00:07:31.129 align:start position:0% have one of these options listed in the proposed<00:07:29.520>order <00:07:29.639>correct 00:07:31.129 --> 00:07:31.139 align:start position:0% proposed order correct 00:07:31.139 --> 00:07:33.770 align:start position:0% proposed order correct and<00:07:31.680>are <00:07:31.860>you <00:07:32.039>asking <00:07:32.400>the <00:07:32.639>board <00:07:33.060>to <00:07:33.300>name <00:07:33.479>key 00:07:33.770 --> 00:07:33.780 align:start position:0% and are you asking the board to name key 00:07:33.780 --> 00:07:37.309 align:start position:0% and are you asking the board to name key rock<00:07:34.020>as <00:07:34.440>the <00:07:34.680>operator <00:07:35.099>of <00:07:35.520>this <00:07:35.639>unit <00:07:35.819>yes 00:07:37.309 --> 00:07:37.319 align:start position:0% rock as the operator of this unit yes 00:07:37.319 --> 00:07:39.529 align:start position:0% rock as the operator of this unit yes and<00:07:37.860>in <00:07:38.099>your <00:07:38.220>opinion <00:07:38.520>if <00:07:38.759>the <00:07:38.880>board <00:07:39.060>grants 00:07:39.529 --> 00:07:39.539 align:start position:0% and in your opinion if the board grants 00:07:39.539 --> 00:07:41.749 align:start position:0% and in your opinion if the board grants uh<00:07:40.020>the <00:07:40.199>application <00:07:40.620>day <00:07:40.919>would <00:07:41.280>it <00:07:41.460>prevent 00:07:41.749 --> 00:07:41.759 align:start position:0% uh the application day would it prevent 00:07:41.759 --> 00:07:43.730 align:start position:0% uh the application day would it prevent waste<00:07:42.300>promote <00:07:42.599>conservation <00:07:43.139>and <00:07:43.440>protect 00:07:43.730 --> 00:07:43.740 align:start position:0% waste promote conservation and protect 00:07:43.740 --> 00:07:46.490 align:start position:0% waste promote conservation and protect correlative<00:07:44.220>rights <00:07:44.699>yes <00:07:45.240>that <00:07:46.080>would <00:07:46.259>be <00:07:46.380>our 00:07:46.490 --> 00:07:46.500 align:start position:0% correlative rights yes that would be our 00:07:46.500 --> 00:07:49.070 align:start position:0% correlative rights yes that would be our questions<00:07:46.800>for <00:07:47.160>Mr <00:07:47.340>Pike <00:07:47.699>any <00:07:48.419>questions <00:07:48.780>for 00:07:49.070 --> 00:07:49.080 align:start position:0% questions for Mr Pike any questions for 00:07:49.080 --> 00:07:52.850 align:start position:0% questions for Mr Pike any questions for Mr<00:07:49.259>Spade <00:07:50.039>um <00:07:50.240>quick <00:07:51.240>question <00:07:51.500>I <00:07:52.500>hope <00:07:52.680>it's 00:07:52.850 --> 00:07:52.860 align:start position:0% Mr Spade um quick question I hope it's 00:07:52.860 --> 00:07:54.770 align:start position:0% Mr Spade um quick question I hope it's quick<00:07:53.039>it's <00:07:53.280>actually <00:07:53.460>about <00:07:53.699>carbon <00:07:54.240>credits 00:07:54.770 --> 00:07:54.780 align:start position:0% quick it's actually about carbon credits 00:07:54.780 --> 00:07:56.749 align:start position:0% quick it's actually about carbon credits we<00:07:55.440>really <00:07:55.620>haven't <00:07:55.860>talked <00:07:56.340>a <00:07:56.460>lot <00:07:56.580>about 00:07:56.749 --> 00:07:56.759 align:start position:0% we really haven't talked a lot about 00:07:56.759 --> 00:07:59.150 align:start position:0% we really haven't talked a lot about that<00:07:57.120>for <00:07:57.360>the <00:07:57.599>reward <00:07:57.840>can <00:07:58.080>you <00:07:58.319>kind <00:07:58.919>of <00:07:59.039>give 00:07:59.150 --> 00:07:59.160 align:start position:0% that for the reward can you kind of give 00:07:59.160 --> 00:08:01.370 align:start position:0% that for the reward can you kind of give them 00:08:01.370 --> 00:08:01.380 align:start position:0% 00:08:01.380 --> 00:08:03.050 align:start position:0% sort<00:08:01.860>of <00:08:01.979>an <00:08:02.160>overview <00:08:02.460>I <00:08:02.699>don't <00:08:02.819>know <00:08:02.880>if <00:08:02.940>it 00:08:03.050 --> 00:08:03.060 align:start position:0% sort of an overview I don't know if it 00:08:03.060 --> 00:08:05.390 align:start position:0% sort of an overview I don't know if it can<00:08:03.180>be <00:08:03.360>brief <00:08:03.599>about <00:08:03.840>how <00:08:04.319>this <00:08:04.620>system <00:08:04.919>works 00:08:05.390 --> 00:08:05.400 align:start position:0% can be brief about how this system works 00:08:05.400 --> 00:08:07.490 align:start position:0% can be brief about how this system works and<00:08:05.580>how <00:08:05.819>it <00:08:06.000>should <00:08:06.180>work <00:08:06.419>with 00:08:07.490 --> 00:08:07.500 align:start position:0% and how it should work with 00:08:07.500 --> 00:08:09.469 align:start position:0% and how it should work with for<00:08:07.919>True <00:08:08.220>proposal 00:08:09.469 --> 00:08:09.479 align:start position:0% for True proposal 00:08:09.479 --> 00:08:14.870 align:start position:0% for True proposal uh<00:08:10.319>so <00:08:10.940>in <00:08:11.940>2014 <00:08:12.300>California <00:08:13.020>uh <00:08:13.919>adopted <00:08:14.460>a 00:08:14.870 --> 00:08:14.880 align:start position:0% uh so in 2014 California uh adopted a 00:08:14.880 --> 00:08:15.969 align:start position:0% uh so in 2014 California uh adopted a program 00:08:15.969 --> 00:08:15.979 align:start position:0% program 00:08:15.979 --> 00:08:17.950 align:start position:0% program whereby 00:08:17.950 --> 00:08:17.960 align:start position:0% whereby 00:08:17.960 --> 00:08:21.290 align:start position:0% whereby operators<00:08:18.960>or <00:08:19.500>companies <00:08:20.280>could 00:08:21.290 --> 00:08:21.300 align:start position:0% operators or companies could 00:08:21.300 --> 00:08:24.230 align:start position:0% operators or companies could flare<00:08:21.960>gas <00:08:22.199>for <00:08:22.500>mines 00:08:24.230 --> 00:08:24.240 align:start position:0% flare gas for mines 00:08:24.240 --> 00:08:26.629 align:start position:0% flare gas for mines they<00:08:25.139>they <00:08:25.440>put <00:08:25.740>the <00:08:25.919>program <00:08:26.099>in <00:08:26.460>two 00:08:26.629 --> 00:08:26.639 align:start position:0% they they put the program in two 00:08:26.639 --> 00:08:28.670 align:start position:0% they they put the program in two categories<00:08:27.180>active <00:08:27.720>minds <00:08:28.080>and <00:08:28.199>abandoned 00:08:28.670 --> 00:08:28.680 align:start position:0% categories active minds and abandoned 00:08:28.680 --> 00:08:31.430 align:start position:0% categories active minds and abandoned mines<00:08:28.979>under <00:08:29.879>abandoned <00:08:30.539>mines <00:08:30.780>their 00:08:31.430 --> 00:08:31.440 align:start position:0% mines under abandoned mines their 00:08:31.440 --> 00:08:33.230 align:start position:0% mines under abandoned mines their protocol<00:08:31.800>applies 00:08:33.230 --> 00:08:33.240 align:start position:0% protocol applies 00:08:33.240 --> 00:08:35.389 align:start position:0% protocol applies basically<00:08:33.959>a <00:08:34.200>production <00:08:34.440>decline <00:08:34.919>curve 00:08:35.389 --> 00:08:35.399 align:start position:0% basically a production decline curve 00:08:35.399 --> 00:08:36.649 align:start position:0% basically a production decline curve which 00:08:36.649 --> 00:08:36.659 align:start position:0% which 00:08:36.659 --> 00:08:39.409 align:start position:0% which perhaps<00:08:37.440>the <00:08:37.620>amount <00:08:37.919>of <00:08:38.159>gas <00:08:38.640>that <00:08:39.000>a <00:08:39.180>mine 00:08:39.409 --> 00:08:39.419 align:start position:0% perhaps the amount of gas that a mine 00:08:39.419 --> 00:08:43.190 align:start position:0% perhaps the amount of gas that a mine can<00:08:39.659>generate <00:08:40.080>or <00:08:40.380>that <00:08:40.740>you <00:08:41.580>can <00:08:41.700>earn <00:08:42.240>in <00:08:43.080>a 00:08:43.190 --> 00:08:43.200 align:start position:0% can generate or that you can earn in a 00:08:43.200 --> 00:08:44.470 align:start position:0% can generate or that you can earn in a credit<00:08:43.320>Sense 00:08:44.470 --> 00:08:44.480 align:start position:0% credit Sense 00:08:44.480 --> 00:08:47.810 align:start position:0% credit Sense on<00:08:45.480>an <00:08:45.600>active <00:08:45.899>mind <00:08:46.080>there <00:08:46.500>is <00:08:46.620>no <00:08:46.800>cap <00:08:47.040>they 00:08:47.810 --> 00:08:47.820 align:start position:0% on an active mind there is no cap they 00:08:47.820 --> 00:08:50.269 align:start position:0% on an active mind there is no cap they what<00:08:48.660>California <00:08:48.959>Air <00:08:49.320>Resource <00:08:49.800>Board <00:08:49.980>their 00:08:50.269 --> 00:08:50.279 align:start position:0% what California Air Resource Board their 00:08:50.279 --> 00:08:53.990 align:start position:0% what California Air Resource Board their protocol<00:08:50.640>does <00:08:51.000>is <00:08:51.540>allow <00:08:51.959>operators <00:08:52.519>to <00:08:53.519>mine 00:08:53.990 --> 00:08:54.000 align:start position:0% protocol does is allow operators to mine 00:08:54.000 --> 00:08:55.910 align:start position:0% protocol does is allow operators to mine operators<00:08:54.480>oil <00:08:54.779>and <00:08:55.019>gas <00:08:55.140>operators <00:08:55.560>whoever 00:08:55.910 --> 00:08:55.920 align:start position:0% operators oil and gas operators whoever 00:08:55.920 --> 00:08:58.970 align:start position:0% operators oil and gas operators whoever who<00:08:56.760>has <00:08:56.940>the <00:08:57.180>rights <00:08:57.540>you <00:08:58.019>can <00:08:58.200>sit <00:08:58.440>up <00:08:58.620>on <00:08:58.800>a 00:08:58.970 --> 00:08:58.980 align:start position:0% who has the rights you can sit up on a 00:08:58.980 --> 00:09:01.250 align:start position:0% who has the rights you can sit up on a vent<00:08:59.160>you <00:08:59.760>could <00:08:59.880>drill <00:09:00.480>horizontally <00:09:01.019>into 00:09:01.250 --> 00:09:01.260 align:start position:0% vent you could drill horizontally into 00:09:01.260 --> 00:09:04.449 align:start position:0% vent you could drill horizontally into the<00:09:01.560>mine <00:09:01.860>in <00:09:02.700>advance <00:09:02.880>of <00:09:03.180>mine 00:09:04.449 --> 00:09:04.459 align:start position:0% the mine in advance of mine 00:09:04.459 --> 00:09:07.550 align:start position:0% the mine in advance of mine most<00:09:05.459>any <00:09:05.880>way <00:09:06.060>you <00:09:06.300>could <00:09:06.420>access <00:09:06.720>the <00:09:07.140>gas <00:09:07.320>in 00:09:07.550 --> 00:09:07.560 align:start position:0% most any way you could access the gas in 00:09:07.560 --> 00:09:09.470 align:start position:0% most any way you could access the gas in a<00:09:07.740>mine <00:09:07.980>if <00:09:08.519>you <00:09:08.580>can <00:09:08.700>bring <00:09:08.940>it <00:09:09.060>up <00:09:09.180>to <00:09:09.360>the 00:09:09.470 --> 00:09:09.480 align:start position:0% a mine if you can bring it up to the 00:09:09.480 --> 00:09:12.110 align:start position:0% a mine if you can bring it up to the surface<00:09:09.779>and <00:09:10.080>flare <00:09:10.380>it <00:09:10.500>monitor <00:09:11.339>it <00:09:11.519>meter <00:09:11.880>it 00:09:12.110 --> 00:09:12.120 align:start position:0% surface and flare it monitor it meter it 00:09:12.120 --> 00:09:15.230 align:start position:0% surface and flare it monitor it meter it uh<00:09:12.899>under <00:09:13.200>their <00:09:13.440>protocol <00:09:13.800>uh 00:09:15.230 --> 00:09:15.240 align:start position:0% uh under their protocol uh 00:09:15.240 --> 00:09:17.930 align:start position:0% uh under their protocol uh deep<00:09:15.839>records <00:09:16.320>of <00:09:16.440>it <00:09:16.620>it <00:09:17.160>generates <00:09:17.580>carbon 00:09:17.930 --> 00:09:17.940 align:start position:0% deep records of it it generates carbon 00:09:17.940 --> 00:09:20.509 align:start position:0% deep records of it it generates carbon credits<00:09:18.360>now <00:09:18.540>flaring <00:09:19.200>is <00:09:19.500>burning <00:09:19.980>off <00:09:20.160>but 00:09:20.509 --> 00:09:20.519 align:start position:0% credits now flaring is burning off but 00:09:20.519 --> 00:09:22.610 align:start position:0% credits now flaring is burning off but that<00:09:20.820>you <00:09:21.480>can <00:09:21.600>flare <00:09:21.899>it 00:09:22.610 --> 00:09:22.620 align:start position:0% that you can flare it 00:09:22.620 --> 00:09:24.410 align:start position:0% that you can flare it um<00:09:22.680>you <00:09:23.160>could <00:09:23.220>put <00:09:23.399>it <00:09:23.519>into <00:09:23.640>the <00:09:23.880>pipeline <00:09:24.240>if 00:09:24.410 --> 00:09:24.420 align:start position:0% um you could put it into the pipeline if 00:09:24.420 --> 00:09:26.230 align:start position:0% um you could put it into the pipeline if it<00:09:24.540>were <00:09:24.660>pipeline <00:09:25.080>quality <00:09:25.380>for <00:09:25.620>the <00:09:25.740>credits 00:09:26.230 --> 00:09:26.240 align:start position:0% it were pipeline quality for the credits 00:09:26.240 --> 00:09:28.970 align:start position:0% it were pipeline quality for the credits I<00:09:27.240>think <00:09:27.360>or <00:09:27.959>you <00:09:28.080>could <00:09:28.260>use <00:09:28.380>it <00:09:28.500>to <00:09:28.680>generate 00:09:28.970 --> 00:09:28.980 align:start position:0% I think or you could use it to generate 00:09:28.980 --> 00:09:32.570 align:start position:0% I think or you could use it to generate electricity<00:09:29.519>any <00:09:30.120>any <00:09:30.959>California <00:09:31.680>ARB 00:09:32.570 --> 00:09:32.580 align:start position:0% electricity any any California ARB 00:09:32.580 --> 00:09:34.790 align:start position:0% electricity any any California ARB approved<00:09:33.180>instruction <00:09:33.420>device <00:09:33.959>would 00:09:34.790 --> 00:09:34.800 align:start position:0% approved instruction device would 00:09:34.800 --> 00:09:37.670 align:start position:0% approved instruction device would qualify<00:09:35.339>to <00:09:35.940>generate <00:09:36.360>credits <00:09:36.899>but <00:09:37.200>burning 00:09:37.670 --> 00:09:37.680 align:start position:0% qualify to generate credits but burning 00:09:37.680 --> 00:09:40.070 align:start position:0% qualify to generate credits but burning into<00:09:37.860>the <00:09:38.160>atmosphere <00:09:38.720>that's <00:09:39.720>that's 00:09:40.070 --> 00:09:40.080 align:start position:0% into the atmosphere that's that's 00:09:40.080 --> 00:09:42.650 align:start position:0% into the atmosphere that's that's allowed<00:09:40.560>and <00:09:41.100>that <00:09:41.279>you <00:09:41.640>get <00:09:41.820>carbon <00:09:42.240>credits 00:09:42.650 --> 00:09:42.660 align:start position:0% allowed and that you get carbon credits 00:09:42.660 --> 00:09:44.630 align:start position:0% allowed and that you get carbon credits for<00:09:42.779>that <00:09:42.959>yes <00:09:43.500>okay 00:09:44.630 --> 00:09:44.640 align:start position:0% for that yes okay 00:09:44.640 --> 00:09:46.130 align:start position:0% for that yes okay um man<00:09:44.940>I <00:09:45.240>thought <00:09:45.420>that <00:09:45.660>was <00:09:45.779>the <00:09:45.959>program 00:09:46.130 --> 00:09:46.140 align:start position:0% um man I thought that was the program 00:09:46.140 --> 00:09:49.370 align:start position:0% um man I thought that was the program and<00:09:46.680>I'm <00:09:46.920>okay <00:09:47.580>yep <00:09:48.540>I'm <00:09:48.779>not <00:09:48.959>going <00:09:49.019>to <00:09:49.080>put <00:09:49.200>on 00:09:49.370 --> 00:09:49.380 align:start position:0% and I'm okay yep I'm not going to put on 00:09:49.380 --> 00:09:50.870 align:start position:0% and I'm okay yep I'm not going to put on my<00:09:49.500>environmentalist <00:09:50.160>had <00:09:50.399>at <00:09:50.700>the <00:09:50.760>moment 00:09:50.870 --> 00:09:50.880 align:start position:0% my environmentalist had at the moment 00:09:50.880 --> 00:09:53.810 align:start position:0% my environmentalist had at the moment but<00:09:51.180>I'm <00:09:51.360>just <00:09:51.540>curious <00:09:51.899>about <00:09:52.080>how 00:09:53.810 --> 00:09:53.820 align:start position:0% but I'm just curious about how 00:09:53.820 --> 00:09:56.269 align:start position:0% but I'm just curious about how um it's<00:09:54.540>a <00:09:54.839>very <00:09:55.019>uh <00:09:55.440>strict <00:09:55.800>and <00:09:55.860>rigorous 00:09:56.269 --> 00:09:56.279 align:start position:0% um it's a very uh strict and rigorous 00:09:56.279 --> 00:09:59.269 align:start position:0% um it's a very uh strict and rigorous program<00:09:56.580>uh <00:09:57.240>the <00:09:57.480>protocol <00:09:57.779>for <00:09:58.560>active <00:09:59.100>and 00:09:59.269 --> 00:09:59.279 align:start position:0% program uh the protocol for active and 00:09:59.279 --> 00:10:01.550 align:start position:0% program uh the protocol for active and abandoned<00:09:59.820>Minds <00:10:00.180>I <00:10:00.839>want <00:10:00.959>to <00:10:01.080>say <00:10:01.200>is <00:10:01.380>a 00:10:01.550 --> 00:10:01.560 align:start position:0% abandoned Minds I want to say is a 00:10:01.560 --> 00:10:04.610 align:start position:0% abandoned Minds I want to say is a hundred<00:10:01.740>pages <00:10:02.100>and <00:10:02.700>the <00:10:02.940>majority <00:10:03.300>of <00:10:03.540>it <00:10:03.720>is 00:10:04.610 --> 00:10:04.620 align:start position:0% hundred pages and the majority of it is 00:10:04.620 --> 00:10:07.550 align:start position:0% hundred pages and the majority of it is the<00:10:05.279>equations <00:10:05.580>that <00:10:05.940>go <00:10:06.120>behind <00:10:06.540>how <00:10:07.380>do <00:10:07.440>you 00:10:07.550 --> 00:10:07.560 align:start position:0% the equations that go behind how do you 00:10:07.560 --> 00:10:10.250 align:start position:0% the equations that go behind how do you meter<00:10:07.800>the <00:10:08.040>gas <00:10:08.279>how <00:10:08.820>do <00:10:08.880>you <00:10:09.060>report <00:10:09.180>it 00:10:10.250 --> 00:10:10.260 align:start position:0% meter the gas how do you report it 00:10:10.260 --> 00:10:14.210 align:start position:0% meter the gas how do you report it um<00:10:10.320>and <00:10:11.220>basically <00:10:11.700>what <00:10:12.180>they <00:10:12.420>do <00:10:12.600>is <00:10:13.320>you 00:10:14.210 --> 00:10:14.220 align:start position:0% um and basically what they do is you 00:10:14.220 --> 00:10:17.329 align:start position:0% um and basically what they do is you take<00:10:14.399>the <00:10:14.640>metric <00:10:15.000>tons <00:10:15.360>of <00:10:15.740>CH4 <00:10:16.740>that <00:10:17.160>you 00:10:17.329 --> 00:10:17.339 align:start position:0% take the metric tons of CH4 that you 00:10:17.339 --> 00:10:19.550 align:start position:0% take the metric tons of CH4 that you burn<00:10:17.720>convert <00:10:18.720>it <00:10:18.839>through <00:10:19.019>their <00:10:19.260>equations 00:10:19.550 --> 00:10:19.560 align:start position:0% burn convert it through their equations 00:10:19.560 --> 00:10:22.670 align:start position:0% burn convert it through their equations to<00:10:19.920>metric <00:10:20.220>tons <00:10:20.519>of <00:10:20.700>CO2 <00:10:21.240>the <00:10:22.140>a <00:10:22.440>single 00:10:22.670 --> 00:10:22.680 align:start position:0% to metric tons of CO2 the a single 00:10:22.680 --> 00:10:25.990 align:start position:0% to metric tons of CO2 the a single metric<00:10:22.920>ton <00:10:23.160>of <00:10:23.279>CO2 <00:10:23.700>is <00:10:24.060>a <00:10:24.360>carbon <00:10:24.779>credit 00:10:25.990 --> 00:10:26.000 align:start position:0% metric ton of CO2 is a carbon credit 00:10:26.000 --> 00:10:27.949 align:start position:0% metric ton of CO2 is a carbon credit once<00:10:27.000>the <00:10:27.120>project <00:10:27.300>goes <00:10:27.839>through 00:10:27.949 --> 00:10:27.959 align:start position:0% once the project goes through 00:10:27.959 --> 00:10:30.889 align:start position:0% once the project goes through verification<00:10:28.620>process <00:10:29.160>the <00:10:30.120>verifiers <00:10:30.660>will 00:10:30.889 --> 00:10:30.899 align:start position:0% verification process the verifiers will 00:10:30.899 --> 00:10:34.130 align:start position:0% verification process the verifiers will approve<00:10:31.260>it <00:10:31.320>it <00:10:31.680>then <00:10:31.920>goes <00:10:32.779>ACR <00:10:33.779>the <00:10:33.959>American 00:10:34.130 --> 00:10:34.140 align:start position:0% approve it it then goes ACR the American 00:10:34.140 --> 00:10:36.530 align:start position:0% approve it it then goes ACR the American carbon<00:10:34.620>registry <00:10:35.100>for <00:10:35.339>review <00:10:35.519>they <00:10:36.360>review 00:10:36.530 --> 00:10:36.540 align:start position:0% carbon registry for review they review 00:10:36.540 --> 00:10:38.449 align:start position:0% carbon registry for review they review it<00:10:36.779>and <00:10:36.899>then <00:10:36.959>it <00:10:37.140>goes <00:10:37.380>to <00:10:37.620>California <00:10:38.040>Air 00:10:38.449 --> 00:10:38.459 align:start position:0% it and then it goes to California Air 00:10:38.459 --> 00:10:41.090 align:start position:0% it and then it goes to California Air Resource<00:10:38.940>Board <00:10:39.120>for <00:10:39.360>final <00:10:39.600>review <00:10:39.899>and <00:10:40.800>the 00:10:41.090 --> 00:10:41.100 align:start position:0% Resource Board for final review and the 00:10:41.100 --> 00:10:43.790 align:start position:0% Resource Board for final review and the California<00:10:41.339>Air <00:10:41.640>Resource <00:10:42.180>Board <00:10:42.360>will <00:10:42.839>issue 00:10:43.790 --> 00:10:43.800 align:start position:0% California Air Resource Board will issue 00:10:43.800 --> 00:10:46.190 align:start position:0% California Air Resource Board will issue the<00:10:43.980>credits <00:10:44.940>um <00:10:45.060>and <00:10:45.420>we <00:10:45.540>go <00:10:45.660>in <00:10:45.779>and <00:10:45.959>we <00:10:46.079>sell 00:10:46.190 --> 00:10:46.200 align:start position:0% the credits um and we go in and we sell 00:10:46.200 --> 00:10:48.230 align:start position:0% the credits um and we go in and we sell them<00:10:46.440>on <00:10:46.680>the <00:10:46.800>open <00:10:46.920>market 00:10:48.230 --> 00:10:48.240 align:start position:0% them on the open market 00:10:48.240 --> 00:10:51.710 align:start position:0% them on the open market and<00:10:49.140>in <00:10:49.740>a <00:10:49.980>general <00:10:50.640>sense <00:10:50.940>credits <00:10:51.480>right <00:10:51.600>now 00:10:51.710 --> 00:10:51.720 align:start position:0% and in a general sense credits right now 00:10:51.720 --> 00:10:55.009 align:start position:0% and in a general sense credits right now are<00:10:51.839>going <00:10:52.019>for <00:10:52.260>about <00:10:52.440>18 <00:10:52.920>per <00:10:53.700>credit 00:10:55.009 --> 00:10:55.019 align:start position:0% are going for about 18 per credit 00:10:55.019 --> 00:10:57.530 align:start position:0% are going for about 18 per credit um<00:10:55.440>a <00:10:56.040>single <00:10:56.339>credit <00:10:56.579>amounts <00:10:57.360>to 00:10:57.530 --> 00:10:57.540 align:start position:0% um a single credit amounts to 00:10:57.540 --> 00:11:02.269 align:start position:0% um a single credit amounts to approximately<00:10:58.260>three <00:10:58.740>mcf <00:10:59.399>of <00:10:59.579>gas 00:11:02.269 --> 00:11:02.279 align:start position:0% 00:11:02.279 --> 00:11:05.509 align:start position:0% so<00:11:02.880>this <00:11:03.600>you <00:11:04.019>earn <00:11:04.380>a <00:11:04.500>little <00:11:04.620>bit <00:11:04.800>more <00:11:05.100>at 00:11:05.509 --> 00:11:05.519 align:start position:0% so this you earn a little bit more at 00:11:05.519 --> 00:11:07.190 align:start position:0% so this you earn a little bit more at the<00:11:05.700>moment <00:11:05.880>than <00:11:06.120>you <00:11:06.240>would <00:11:06.360>selling <00:11:06.779>into <00:11:06.899>a 00:11:07.190 --> 00:11:07.200 align:start position:0% the moment than you would selling into a 00:11:07.200 --> 00:11:08.750 align:start position:0% the moment than you would selling into a pipeline 00:11:08.750 --> 00:11:08.760 align:start position:0% pipeline 00:11:08.760 --> 00:11:13.310 align:start position:0% pipeline oh<00:11:09.480>yeah <00:11:10.200>okay 00:11:13.310 --> 00:11:13.320 align:start position:0% 00:11:13.320 --> 00:11:16.910 align:start position:0% okay<00:11:13.800>thank <00:11:14.279>you <00:11:14.600>any <00:11:15.600>other <00:11:15.779>questions <00:11:16.019>yeah 00:11:16.910 --> 00:11:16.920 align:start position:0% okay thank you any other questions yeah 00:11:16.920 --> 00:11:19.550 align:start position:0% okay thank you any other questions yeah just<00:11:17.220>a <00:11:17.339>couple <00:11:17.459>questions <00:11:17.700>the <00:11:18.540>um <00:11:18.600>the <00:11:19.320>lease 00:11:19.550 --> 00:11:19.560 align:start position:0% just a couple questions the um the lease 00:11:19.560 --> 00:11:21.949 align:start position:0% just a couple questions the um the lease terms<00:11:19.980>that <00:11:20.279>you <00:11:20.660>mentioned <00:11:21.660>in <00:11:21.779>your 00:11:21.949 --> 00:11:21.959 align:start position:0% terms that you mentioned in your 00:11:21.959 --> 00:11:23.449 align:start position:0% terms that you mentioned in your testimony<00:11:22.380>I <00:11:22.620>don't <00:11:22.740>think <00:11:22.860>are <00:11:22.980>listed <00:11:23.339>in 00:11:23.449 --> 00:11:23.459 align:start position:0% testimony I don't think are listed in 00:11:23.459 --> 00:11:24.650 align:start position:0% testimony I don't think are listed in the<00:11:23.519>applications <00:11:23.880>you <00:11:24.120>put <00:11:24.300>on <00:11:24.480>the <00:11:24.600>record 00:11:24.650 --> 00:11:24.660 align:start position:0% the applications you put on the record 00:11:24.660 --> 00:11:26.630 align:start position:0% the applications you put on the record the<00:11:24.959>least <00:11:25.140>terms <00:11:25.560>that <00:11:25.740>you <00:11:25.860>offered <00:11:26.279>that 00:11:26.630 --> 00:11:26.640 align:start position:0% the least terms that you offered that 00:11:26.640 --> 00:11:28.310 align:start position:0% the least terms that you offered that you<00:11:26.700>would <00:11:26.820>offer <00:11:27.180>that <00:11:27.420>be <00:11:27.779>the <00:11:27.959>same <00:11:28.079>as 00:11:28.310 --> 00:11:28.320 align:start position:0% you would offer that be the same as 00:11:28.320 --> 00:11:30.829 align:start position:0% you would offer that be the same as Enterprise<00:11:28.620>these <00:11:29.399>terms <00:11:29.700>uh <00:11:30.360>we <00:11:30.480>would <00:11:30.600>offer 00:11:30.829 --> 00:11:30.839 align:start position:0% Enterprise these terms uh we would offer 00:11:30.839 --> 00:11:32.690 align:start position:0% Enterprise these terms uh we would offer the<00:11:31.019>same <00:11:31.140>shut <00:11:31.320>in <00:11:31.560>royalty 00:11:32.690 --> 00:11:32.700 align:start position:0% the same shut in royalty 00:11:32.700 --> 00:11:34.069 align:start position:0% the same shut in royalty um<00:11:32.820>off <00:11:33.000>the <00:11:33.240>top <00:11:33.300>of <00:11:33.480>my <00:11:33.540>head <00:11:33.720>I <00:11:33.899>don't 00:11:34.069 --> 00:11:34.079 align:start position:0% um off the top of my head I don't 00:11:34.079 --> 00:11:37.370 align:start position:0% um off the top of my head I don't remember<00:11:34.440>it <00:11:34.920>but <00:11:35.279>if <00:11:36.180>uh <00:11:36.480>Mr <00:11:36.720>Jackson <00:11:36.899>if <00:11:37.260>you 00:11:37.370 --> 00:11:37.380 align:start position:0% remember it but if uh Mr Jackson if you 00:11:37.380 --> 00:11:39.889 align:start position:0% remember it but if uh Mr Jackson if you look<00:11:37.560>on <00:11:37.860>uh <00:11:38.700>the <00:11:39.060>least <00:11:39.180>terms <00:11:39.480>that <00:11:39.600>would <00:11:39.779>be 00:11:39.889 --> 00:11:39.899 align:start position:0% look on uh the least terms that would be 00:11:39.899 --> 00:11:41.810 align:start position:0% look on uh the least terms that would be helpful<00:11:40.200>to <00:11:40.380>be <00:11:40.500>contained <00:11:41.100>under <00:11:41.220>Section 00:11:41.810 --> 00:11:41.820 align:start position:0% helpful to be contained under Section 00:11:41.820 --> 00:11:45.470 align:start position:0% helpful to be contained under Section 9.2<00:11:42.779>of <00:11:43.620>the <00:11:43.800>proposed <00:11:44.279>order <00:11:44.519>which <00:11:45.180>would <00:11:45.360>be 00:11:45.470 --> 00:11:45.480 align:start position:0% 9.2 of the proposed order which would be 00:11:45.480 --> 00:11:47.329 align:start position:0% 9.2 of the proposed order which would be 12<00:11:45.720>and <00:11:45.959>a <00:11:46.140>half <00:11:46.200>percent <00:11:46.320>uh <00:11:46.920>royalties 00:11:47.329 --> 00:11:47.339 align:start position:0% 12 and a half percent uh royalties 00:11:47.339 --> 00:11:49.730 align:start position:0% 12 and a half percent uh royalties multiplied<00:11:47.820>by <00:11:48.060>the <00:11:48.360>ratio <00:11:49.140>of <00:11:49.260>the <00:11:49.380>acre <00:11:49.560>to 00:11:49.730 --> 00:11:49.740 align:start position:0% multiplied by the ratio of the acre to 00:11:49.740 --> 00:11:52.930 align:start position:0% multiplied by the ratio of the acre to the<00:11:49.920>tract 00:11:52.930 --> 00:11:52.940 align:start position:0% 00:11:52.940 --> 00:11:55.490 align:start position:0% was<00:11:53.940>that <00:11:54.060>a <00:11:54.240>separate <00:11:54.480>letter <00:11:54.660>is <00:11:55.079>that <00:11:55.200>what 00:11:55.490 --> 00:11:55.500 align:start position:0% was that a separate letter is that what 00:11:55.500 --> 00:11:57.230 align:start position:0% was that a separate letter is that what you're<00:11:55.620>referring <00:11:55.980>no <00:11:56.459>sir <00:11:56.700>this <00:11:56.880>is <00:11:57.000>in <00:11:57.120>the 00:11:57.230 --> 00:11:57.240 align:start position:0% you're referring no sir this is in the 00:11:57.240 --> 00:11:59.329 align:start position:0% you're referring no sir this is in the proposed<00:11:57.660>order <00:11:57.779>uh <00:11:58.500>that <00:11:58.680>we <00:11:58.800>submitted <00:11:59.160>to 00:11:59.329 --> 00:11:59.339 align:start position:0% proposed order uh that we submitted to 00:11:59.339 --> 00:12:03.290 align:start position:0% proposed order uh that we submitted to the<00:11:59.459>board 00:12:03.290 --> 00:12:03.300 align:start position:0% 00:12:03.300 --> 00:12:04.910 align:start position:0% yeah<00:12:03.720>the <00:12:03.839>order <00:12:04.140>is <00:12:04.380>different <00:12:04.560>from <00:12:04.740>the 00:12:04.910 --> 00:12:04.920 align:start position:0% yeah the order is different from the 00:12:04.920 --> 00:12:06.650 align:start position:0% yeah the order is different from the application<00:12:05.160>yes <00:12:05.399>sir <00:12:05.579>yes <00:12:05.940>yeah <00:12:06.120>you <00:12:06.540>didn't 00:12:06.650 --> 00:12:06.660 align:start position:0% application yes sir yes yeah you didn't 00:12:06.660 --> 00:12:09.069 align:start position:0% application yes sir yes yeah you didn't revised<00:12:07.140>no <00:12:07.620>sir 00:12:09.069 --> 00:12:09.079 align:start position:0% revised no sir 00:12:09.079 --> 00:12:12.110 align:start position:0% revised no sir yes<00:12:10.079>sir <00:12:10.200>again <00:12:10.680>okay <00:12:11.220>that's <00:12:11.640>right <00:12:11.760>we <00:12:12.000>did 00:12:12.110 --> 00:12:12.120 align:start position:0% yes sir again okay that's right we did 00:12:12.120 --> 00:12:16.430 align:start position:0% yes sir again okay that's right we did not<00:12:12.240>revise <00:12:13.019>our <00:12:13.200>application <00:12:13.620>okay 00:12:16.430 --> 00:12:16.440 align:start position:0% 00:12:16.440 --> 00:12:19.009 align:start position:0% yes<00:12:16.740>I <00:12:17.100>I <00:12:17.220>wasn't <00:12:17.459>sure <00:12:17.700>technically <00:12:18.600>if <00:12:18.779>the 00:12:19.009 --> 00:12:19.019 align:start position:0% yes I I wasn't sure technically if the 00:12:19.019 --> 00:12:21.050 align:start position:0% yes I I wasn't sure technically if the order<00:12:19.260>is <00:12:19.560>part <00:12:19.860>of <00:12:20.040>their 00:12:21.050 --> 00:12:21.060 align:start position:0% order is part of their 00:12:21.060 --> 00:12:25.030 align:start position:0% order is part of their foreign 00:12:25.030 --> 00:12:25.040 align:start position:0% 00:12:25.040 --> 00:12:29.650 align:start position:0% would<00:12:26.040>be <00:12:26.160>approved <00:12:26.519>by <00:12:26.640>the 00:12:29.650 --> 00:12:29.660 align:start position:0% 00:12:29.660 --> 00:12:32.569 align:start position:0% staff<00:12:30.660>at <00:12:30.959>the <00:12:31.140>AG's <00:12:31.620>Office <00:12:31.740>later <00:12:31.980>on 00:12:32.569 --> 00:12:32.579 align:start position:0% staff at the AG's Office later on 00:12:32.579 --> 00:12:35.389 align:start position:0% staff at the AG's Office later on correct<00:12:33.300>in <00:12:33.480>that <00:12:33.660>process 00:12:35.389 --> 00:12:35.399 align:start position:0% correct in that process 00:12:35.399 --> 00:12:38.769 align:start position:0% correct in that process oh<00:12:36.360>we've <00:12:36.600>had <00:12:36.720>everybody <00:12:36.899>looking <00:12:37.260>at <00:12:37.500>it <00:12:37.620>so 00:12:38.769 --> 00:12:38.779 align:start position:0% oh we've had everybody looking at it so 00:12:38.779 --> 00:12:40.970 align:start position:0% oh we've had everybody looking at it so these<00:12:39.779>orders <00:12:40.079>whenever <00:12:40.320>I <00:12:40.500>read <00:12:40.620>them <00:12:40.800>I'm 00:12:40.970 --> 00:12:40.980 align:start position:0% these orders whenever I read them I'm 00:12:40.980 --> 00:12:42.530 align:start position:0% these orders whenever I read them I'm thinking<00:12:41.279>but <00:12:41.519>we <00:12:41.700>haven't <00:12:41.820>done <00:12:42.060>that <00:12:42.180>yet <00:12:42.360>so 00:12:42.530 --> 00:12:42.540 align:start position:0% thinking but we haven't done that yet so 00:12:42.540 --> 00:12:44.629 align:start position:0% thinking but we haven't done that yet so these<00:12:42.839>are <00:12:43.019>always <00:12:43.279>objective <00:12:44.279>it's <00:12:44.579>just 00:12:44.629 --> 00:12:44.639 align:start position:0% these are always objective it's just 00:12:44.639 --> 00:12:48.290 align:start position:0% these are always objective it's just projected<00:12:45.180>yes <00:12:45.360>sir <00:12:45.540>or <00:12:46.019>proposed 00:12:48.290 --> 00:12:48.300 align:start position:0% projected yes sir or proposed 00:12:48.300 --> 00:12:49.990 align:start position:0% projected yes sir or proposed um 00:12:49.990 --> 00:12:50.000 align:start position:0% um 00:12:50.000 --> 00:12:52.370 align:start position:0% um no<00:12:51.000>I'm <00:12:51.180>sorry <00:12:51.360>I <00:12:51.600>didn't <00:12:51.660>mean <00:12:51.839>to <00:12:51.959>cut <00:12:52.079>a <00:12:52.200>crew 00:12:52.370 --> 00:12:52.380 align:start position:0% no I'm sorry I didn't mean to cut a crew 00:12:52.380 --> 00:12:54.650 align:start position:0% no I'm sorry I didn't mean to cut a crew here<00:12:52.500>questions <00:12:52.920>yeah <00:12:53.760>the <00:12:54.060>uh <00:12:54.300>the <00:12:54.600>other 00:12:54.650 --> 00:12:54.660 align:start position:0% here questions yeah the uh the other 00:12:54.660 --> 00:12:58.430 align:start position:0% here questions yeah the uh the other question<00:12:54.839>I <00:12:55.139>had <00:12:55.339>is <00:12:56.339>uh <00:12:56.579>concerning <00:12:57.240>a <00:12:58.139>loss 00:12:58.430 --> 00:12:58.440 align:start position:0% question I had is uh concerning a loss 00:12:58.440 --> 00:13:13.129 align:start position:0% question I had is uh concerning a loss between<00:12:58.560>the <00:12:58.800>thought <00:12:58.860>there <00:12:59.100>just <00:12:59.339>a <00:12:59.459>second 00:13:13.129 --> 00:13:13.139 align:start position:0% 00:13:13.139 --> 00:13:15.170 align:start position:0% I<00:13:13.620>think <00:13:13.800>uh <00:13:14.160>one <00:13:14.579>of <00:13:14.700>the <00:13:14.760>questions <00:13:14.880>the 00:13:15.170 --> 00:13:15.180 align:start position:0% I think uh one of the questions the 00:13:15.180 --> 00:13:17.210 align:start position:0% I think uh one of the questions the board<00:13:15.300>had <00:13:15.540>last <00:13:15.899>month <00:13:16.139>and <00:13:16.500>we've <00:13:16.800>asked <00:13:17.040>the 00:13:17.210 --> 00:13:17.220 align:start position:0% board had last month and we've asked the 00:13:17.220 --> 00:13:18.790 align:start position:0% board had last month and we've asked the Attorney<00:13:17.339>General's <00:13:18.000>office <00:13:18.180>to <00:13:18.420>look <00:13:18.600>into 00:13:18.790 --> 00:13:18.800 align:start position:0% Attorney General's office to look into 00:13:18.800 --> 00:13:22.550 align:start position:0% Attorney General's office to look into was<00:13:19.800>the <00:13:20.040>concept <00:13:20.519>of <00:13:21.120>actually <00:13:21.779>pooling <00:13:22.380>a 00:13:22.550 --> 00:13:22.560 align:start position:0% was the concept of actually pooling a 00:13:22.560 --> 00:13:25.550 align:start position:0% was the concept of actually pooling a party<00:13:22.740>that's <00:13:23.040>already <00:13:23.279>been <00:13:23.579>leased <00:13:24.120>and <00:13:24.600>I 00:13:25.550 --> 00:13:25.560 align:start position:0% party that's already been leased and I 00:13:25.560 --> 00:13:27.530 align:start position:0% party that's already been leased and I think<00:13:25.740>Mr <00:13:25.980>Lansing <00:13:26.459>is <00:13:26.639>going <00:13:26.760>to <00:13:26.880>weigh <00:13:27.240>in <00:13:27.360>on 00:13:27.530 --> 00:13:27.540 align:start position:0% think Mr Lansing is going to weigh in on 00:13:27.540 --> 00:13:29.509 align:start position:0% think Mr Lansing is going to weigh in on that<00:13:27.660>and <00:13:27.959>give <00:13:28.200>the <00:13:28.320>board <00:13:28.740>some <00:13:28.980>guidance <00:13:29.339>on 00:13:29.509 --> 00:13:29.519 align:start position:0% that and give the board some guidance on 00:13:29.519 --> 00:13:30.910 align:start position:0% that and give the board some guidance on that<00:13:29.700>today 00:13:30.910 --> 00:13:30.920 align:start position:0% that today 00:13:30.920 --> 00:13:34.129 align:start position:0% that today yes<00:13:31.920>sir <00:13:32.100>uh <00:13:32.700>I've <00:13:33.060>had <00:13:33.540>an <00:13:33.660>opportunity <00:13:33.959>to 00:13:34.129 --> 00:13:34.139 align:start position:0% yes sir uh I've had an opportunity to 00:13:34.139 --> 00:13:35.690 align:start position:0% yes sir uh I've had an opportunity to look<00:13:34.380>over <00:13:34.560>this <00:13:34.800>and <00:13:35.040>discuss <00:13:35.279>it <00:13:35.459>with 00:13:35.690 --> 00:13:35.700 align:start position:0% look over this and discuss it with 00:13:35.700 --> 00:13:38.389 align:start position:0% look over this and discuss it with colleagues<00:13:36.240>uh <00:13:36.480>with <00:13:36.899>Brad <00:13:37.200>Boyd <00:13:37.740>uh <00:13:38.160>who's 00:13:38.389 --> 00:13:38.399 align:start position:0% colleagues uh with Brad Boyd uh who's 00:13:38.399 --> 00:13:40.490 align:start position:0% colleagues uh with Brad Boyd uh who's also<00:13:38.700>discussed <00:13:39.060>this <00:13:39.240>in <00:13:39.420>turn <00:13:39.600>with <00:13:39.959>uh <00:13:40.200>with 00:13:40.490 --> 00:13:40.500 align:start position:0% also discussed this in turn with uh with 00:13:40.500 --> 00:13:43.250 align:start position:0% also discussed this in turn with uh with Phil<00:13:40.740>and <00:13:41.639>I've <00:13:41.820>discussed <00:13:42.300>this <00:13:42.420>with <00:13:42.779>one <00:13:43.139>of 00:13:43.250 --> 00:13:43.260 align:start position:0% Phil and I've discussed this with one of 00:13:43.260 --> 00:13:45.949 align:start position:0% Phil and I've discussed this with one of my<00:13:43.380>colleagues <00:13:43.740>in <00:13:43.860>the <00:13:44.040>real <00:13:44.160>estate <00:13:44.339>section 00:13:45.949 --> 00:13:45.959 align:start position:0% my colleagues in the real estate section 00:13:45.959 --> 00:13:48.530 align:start position:0% my colleagues in the real estate section um<00:13:46.079>we're <00:13:46.680>fine <00:13:46.920>with <00:13:47.220>this <00:13:47.399>Arrangement <00:13:47.880>uh 00:13:48.530 --> 00:13:48.540 align:start position:0% um we're fine with this Arrangement uh 00:13:48.540 --> 00:13:51.889 align:start position:0% um we're fine with this Arrangement uh we<00:13:48.839>understand <00:13:48.959>it <00:13:49.260>is <00:13:49.440>a <00:13:49.620>little <00:13:49.820>unusual <00:13:50.899>uh 00:13:51.889 --> 00:13:51.899 align:start position:0% we understand it is a little unusual uh 00:13:51.899 --> 00:13:54.590 align:start position:0% we understand it is a little unusual uh normally<00:13:52.260>the <00:13:52.560>arrangement <00:13:52.980>is <00:13:53.459>that <00:13:53.820>you 00:13:54.590 --> 00:13:54.600 align:start position:0% normally the arrangement is that you 00:13:54.600 --> 00:13:56.389 align:start position:0% normally the arrangement is that you would<00:13:54.779>uh <00:13:54.899>you <00:13:55.200>would <00:13:55.320>pull <00:13:55.500>together <00:13:55.740>parties 00:13:56.389 --> 00:13:56.399 align:start position:0% would uh you would pull together parties 00:13:56.399 --> 00:13:58.550 align:start position:0% would uh you would pull together parties who<00:13:56.940>can't <00:13:57.120>come <00:13:57.420>up <00:13:57.540>with <00:13:57.720>an <00:13:57.899>agreement <00:13:58.260>in 00:13:58.550 --> 00:13:58.560 align:start position:0% who can't come up with an agreement in 00:13:58.560 --> 00:14:00.530 align:start position:0% who can't come up with an agreement in this<00:13:58.680>case <00:13:58.800>of <00:13:59.100>course <00:13:59.220>they <00:13:59.639>they've <00:14:00.300>had 00:14:00.530 --> 00:14:00.540 align:start position:0% this case of course they they've had 00:14:00.540 --> 00:14:03.170 align:start position:0% this case of course they they've had this<00:14:00.839>this <00:14:01.019>lease <00:14:01.380>with <00:14:01.560>intervest 00:14:03.170 --> 00:14:03.180 align:start position:0% this this lease with intervest 00:14:03.180 --> 00:14:07.509 align:start position:0% this this lease with intervest um<00:14:03.300>but <00:14:04.019>uh <00:14:04.740>code <00:14:05.519>section 00:14:07.509 --> 00:14:07.519 align:start position:0% um but uh code section 00:14:07.519 --> 00:14:10.509 align:start position:0% um but uh code section 45.2-1620a<00:14:08.519>lays <00:14:09.060>out <00:14:09.240>three <00:14:09.600>circumstances 00:14:10.509 --> 00:14:10.519 align:start position:0% 45.2-1620a lays out three circumstances 00:14:10.519 --> 00:14:13.490 align:start position:0% 45.2-1620a lays out three circumstances uh<00:14:11.519>under <00:14:11.760>which <00:14:12.180>force <00:14:12.779>pooling <00:14:13.200>can <00:14:13.380>be 00:14:13.490 --> 00:14:13.500 align:start position:0% uh under which force pooling can be 00:14:13.500 --> 00:14:16.670 align:start position:0% uh under which force pooling can be allowed<00:14:13.940>uh <00:14:14.940>and <00:14:15.240>we're <00:14:15.540>satisfied <00:14:16.019>that <00:14:16.320>this 00:14:16.670 --> 00:14:16.680 align:start position:0% allowed uh and we're satisfied that this 00:14:16.680 --> 00:14:21.490 align:start position:0% allowed uh and we're satisfied that this uh<00:14:17.519>that <00:14:18.060>this <00:14:18.300>situation <00:14:19.019>satisfies <00:14:19.860>uh <00:14:20.579>A1 00:14:21.490 --> 00:14:21.500 align:start position:0% uh that this situation satisfies uh A1 00:14:21.500 --> 00:14:24.230 align:start position:0% uh that this situation satisfies uh A1 A2<00:14:22.500>is <00:14:22.740>kind <00:14:22.920>of <00:14:22.980>the <00:14:23.100>normal <00:14:23.279>scenario <00:14:23.880>where 00:14:24.230 --> 00:14:24.240 align:start position:0% A2 is kind of the normal scenario where 00:14:24.240 --> 00:14:25.370 align:start position:0% A2 is kind of the normal scenario where you're<00:14:24.360>forced <00:14:24.779>pulling <00:14:25.019>people <00:14:25.139>together 00:14:25.370 --> 00:14:25.380 align:start position:0% you're forced pulling people together 00:14:25.380 --> 00:14:27.710 align:start position:0% you're forced pulling people together who<00:14:25.800>haven't <00:14:25.980>come <00:14:26.279>up <00:14:26.399>with <00:14:26.519>an <00:14:26.639>arrangement 00:14:27.710 --> 00:14:27.720 align:start position:0% who haven't come up with an arrangement 00:14:27.720 --> 00:14:32.509 align:start position:0% who haven't come up with an arrangement but<00:14:28.380>A1 <00:14:28.920>under <00:14:29.639>Section <00:14:30.380>45.2 <00:14:31.380>is <00:14:32.040>simply <00:14:32.339>two 00:14:32.509 --> 00:14:32.519 align:start position:0% but A1 under Section 45.2 is simply two 00:14:32.519 --> 00:14:34.069 align:start position:0% but A1 under Section 45.2 is simply two or<00:14:32.700>more <00:14:32.880>separately <00:14:33.240>owned <00:14:33.720>tracks <00:14:33.959>are 00:14:34.069 --> 00:14:34.079 align:start position:0% or more separately owned tracks are 00:14:34.079 --> 00:14:36.170 align:start position:0% or more separately owned tracks are embraced<00:14:34.500>in <00:14:34.620>a <00:14:34.800>drilling <00:14:35.100>unit <00:14:35.279>which <00:14:36.000>of 00:14:36.170 --> 00:14:36.180 align:start position:0% embraced in a drilling unit which of 00:14:36.180 --> 00:14:38.389 align:start position:0% embraced in a drilling unit which of course<00:14:36.300>is <00:14:36.480>the <00:14:36.720>case <00:14:36.839>here 00:14:38.389 --> 00:14:38.399 align:start position:0% course is the case here 00:14:38.399 --> 00:14:40.970 align:start position:0% course is the case here um<00:14:38.519>and <00:14:39.060>uh <00:14:39.240>so <00:14:39.540>we <00:14:39.720>we <00:14:39.959>have <00:14:40.199>no <00:14:40.380>concerns <00:14:40.800>with 00:14:40.970 --> 00:14:40.980 align:start position:0% um and uh so we we have no concerns with 00:14:40.980 --> 00:14:43.009 align:start position:0% um and uh so we we have no concerns with this<00:14:41.160>arrangement 00:14:43.009 --> 00:14:43.019 align:start position:0% this arrangement 00:14:43.019 --> 00:14:45.350 align:start position:0% this arrangement thank<00:14:43.560>you <00:14:43.740>Mr <00:14:43.860>Clans <00:14:44.279>any <00:14:44.760>other <00:14:45.120>questions 00:14:45.350 --> 00:14:45.360 align:start position:0% thank you Mr Clans any other questions 00:14:45.360 --> 00:14:47.750 align:start position:0% thank you Mr Clans any other questions yeah<00:14:45.839>I <00:14:45.959>just <00:14:46.079>had <00:14:46.199>one <00:14:46.440>more <00:14:46.620>uh <00:14:47.339>you <00:14:47.519>talked 00:14:47.750 --> 00:14:47.760 align:start position:0% yeah I just had one more uh you talked 00:14:47.760 --> 00:14:49.790 align:start position:0% yeah I just had one more uh you talked about<00:14:47.820>the <00:14:48.240>carbon <00:14:48.660>credits <00:14:49.139>having <00:14:49.500>to <00:14:49.740>go 00:14:49.790 --> 00:14:49.800 align:start position:0% about the carbon credits having to go 00:14:49.800 --> 00:14:51.769 align:start position:0% about the carbon credits having to go through<00:14:49.980>a <00:14:50.160>vigorous <00:14:50.519>process <00:14:50.940>for <00:14:51.240>approval 00:14:51.769 --> 00:14:51.779 align:start position:0% through a vigorous process for approval 00:14:51.779 --> 00:14:55.009 align:start position:0% through a vigorous process for approval sir<00:14:52.260>can <00:14:52.620>you <00:14:52.800>give <00:14:53.120>somebody <00:14:54.120>what 00:14:55.009 --> 00:14:55.019 align:start position:0% sir can you give somebody what 00:14:55.019 --> 00:14:57.050 align:start position:0% sir can you give somebody what percentage<00:14:55.500>of <00:14:55.740>these <00:14:55.980>credits <00:14:56.459>get <00:14:56.639>approved 00:14:57.050 --> 00:14:57.060 align:start position:0% percentage of these credits get approved 00:14:57.060 --> 00:15:00.710 align:start position:0% percentage of these credits get approved by<00:14:57.420>this <00:14:58.139>California <00:14:58.500>whatever <00:14:59.720>uh 00:15:00.710 --> 00:15:00.720 align:start position:0% by this California whatever uh 00:15:00.720 --> 00:15:03.530 align:start position:0% by this California whatever uh California<00:15:00.899>Air <00:15:01.260>Resource <00:15:01.740>Board <00:15:02.000>yeah <00:15:03.000>sure 00:15:03.530 --> 00:15:03.540 align:start position:0% California Air Resource Board yeah sure 00:15:03.540 --> 00:15:05.509 align:start position:0% California Air Resource Board yeah sure generally<00:15:04.139>overall <00:15:04.800>throughout <00:15:05.279>the <00:15:05.399>country 00:15:05.509 --> 00:15:05.519 align:start position:0% generally overall throughout the country 00:15:05.519 --> 00:15:07.970 align:start position:0% generally overall throughout the country and<00:15:05.880>then <00:15:06.060>what's <00:15:06.420>in <00:15:06.660>what's <00:15:07.199>uh <00:15:07.440>key <00:15:07.620>Rock's 00:15:07.970 --> 00:15:07.980 align:start position:0% and then what's in what's uh key Rock's 00:15:07.980 --> 00:15:09.590 align:start position:0% and then what's in what's uh key Rock's history<00:15:08.160>with <00:15:08.519>that <00:15:08.699>have <00:15:09.120>they <00:15:09.240>had <00:15:09.420>any 00:15:09.590 --> 00:15:09.600 align:start position:0% history with that have they had any 00:15:09.600 --> 00:15:12.889 align:start position:0% history with that have they had any applications<00:15:10.560>rejected <00:15:11.160>in <00:15:11.279>the <00:15:11.399>past <00:15:11.899>the 00:15:12.889 --> 00:15:12.899 align:start position:0% applications rejected in the past the 00:15:12.899 --> 00:15:15.110 align:start position:0% applications rejected in the past the type<00:15:13.139>of <00:15:13.320>arrangement <00:15:13.920>Iraq <00:15:14.459>has <00:15:14.579>never <00:15:14.760>had 00:15:15.110 --> 00:15:15.120 align:start position:0% type of arrangement Iraq has never had 00:15:15.120 --> 00:15:17.329 align:start position:0% type of arrangement Iraq has never had any<00:15:15.600>credits <00:15:16.019>invalidated 00:15:17.329 --> 00:15:17.339 align:start position:0% any credits invalidated 00:15:17.339 --> 00:15:20.269 align:start position:0% any credits invalidated um<00:15:17.399>on <00:15:17.699>any <00:15:17.880>project <00:15:18.180>we <00:15:18.959>have <00:15:19.260>been <00:15:19.560>doing 00:15:20.269 --> 00:15:20.279 align:start position:0% um on any project we have been doing 00:15:20.279 --> 00:15:23.769 align:start position:0% um on any project we have been doing this<00:15:20.519>since <00:15:20.820>2014 <00:15:21.860>we <00:15:22.860>have 00:15:23.769 --> 00:15:23.779 align:start position:0% this since 2014 we have 00:15:23.779 --> 00:15:27.769 align:start position:0% this since 2014 we have uh<00:15:24.779>one <00:15:25.019>very <00:15:25.260>large <00:15:25.440>project <00:15:25.860>in <00:15:26.699>Illinois 00:15:27.769 --> 00:15:27.779 align:start position:0% uh one very large project in Illinois 00:15:27.779 --> 00:15:30.650 align:start position:0% uh one very large project in Illinois uh<00:15:28.860>that <00:15:29.459>accounts <00:15:29.820>for <00:15:30.000>the <00:15:30.120>better <00:15:30.240>part <00:15:30.480>of 00:15:30.650 --> 00:15:30.660 align:start position:0% uh that accounts for the better part of 00:15:30.660 --> 00:15:33.710 align:start position:0% uh that accounts for the better part of 100<00:15:30.839>to <00:15:31.199>130 <00:15:32.160>000 <00:15:32.279>credits <00:15:32.760>a <00:15:32.880>year 00:15:33.710 --> 00:15:33.720 align:start position:0% 100 to 130 000 credits a year 00:15:33.720 --> 00:15:37.310 align:start position:0% 100 to 130 000 credits a year um<00:15:33.839>and <00:15:34.019>consists <00:15:34.560>of <00:15:34.620>15 <00:15:35.279>mines <00:15:36.019>we <00:15:37.019>probably 00:15:37.310 --> 00:15:37.320 align:start position:0% um and consists of 15 mines we probably 00:15:37.320 --> 00:15:41.150 align:start position:0% um and consists of 15 mines we probably have<00:15:37.860>another <00:15:38.399>25 <00:15:39.360>to <00:15:39.839>30 <00:15:40.199>active <00:15:40.980>and 00:15:41.150 --> 00:15:41.160 align:start position:0% have another 25 to 30 active and 00:15:41.160 --> 00:15:44.030 align:start position:0% have another 25 to 30 active and abandoned<00:15:41.699>mines <00:15:41.940>across <00:15:42.420>the <00:15:42.540>country 00:15:44.030 --> 00:15:44.040 align:start position:0% abandoned mines across the country 00:15:44.040 --> 00:15:48.110 align:start position:0% abandoned mines across the country um<00:15:44.180>and <00:15:45.180>we <00:15:45.839>post <00:15:46.260>we <00:15:46.860>submit <00:15:47.279>projects <00:15:47.760>for 00:15:48.110 --> 00:15:48.120 align:start position:0% um and we post we submit projects for 00:15:48.120 --> 00:15:49.910 align:start position:0% um and we post we submit projects for verification<00:15:48.660>and <00:15:48.959>credits <00:15:49.320>I <00:15:49.500>would <00:15:49.620>say <00:15:49.740>at 00:15:49.910 --> 00:15:49.920 align:start position:0% verification and credits I would say at 00:15:49.920 --> 00:15:51.110 align:start position:0% verification and credits I would say at a<00:15:50.040>rate <00:15:50.160>of 00:15:51.110 --> 00:15:51.120 align:start position:0% a rate of 00:15:51.120 --> 00:15:54.050 align:start position:0% a rate of 15<00:15:51.660>a <00:15:52.079>year <00:15:52.260>that's <00:15:52.860>pretty <00:15:53.160>close 00:15:54.050 --> 00:15:54.060 align:start position:0% 15 a year that's pretty close 00:15:54.060 --> 00:15:56.449 align:start position:0% 15 a year that's pretty close um<00:15:54.180>and <00:15:54.480>we <00:15:54.779>have <00:15:55.139>never <00:15:55.380>had <00:15:55.620>an <00:15:55.860>invalidation 00:15:56.449 --> 00:15:56.459 align:start position:0% um and we have never had an invalidation 00:15:56.459 --> 00:15:59.930 align:start position:0% um and we have never had an invalidation or<00:15:56.760>any <00:15:56.940>issues <00:15:57.740>one <00:15:58.740>of <00:15:58.800>the <00:15:58.920>things <00:15:59.100>we <00:15:59.579>have 00:15:59.930 --> 00:15:59.940 align:start position:0% or any issues one of the things we have 00:15:59.940 --> 00:16:02.569 align:start position:0% or any issues one of the things we have to<00:16:00.120>be <00:16:00.300>very <00:16:00.540>aware <00:16:01.019>of <00:16:01.199>when <00:16:01.440>we <00:16:01.620>operate <00:16:02.040>is 00:16:02.569 --> 00:16:02.579 align:start position:0% to be very aware of when we operate is 00:16:02.579 --> 00:16:05.689 align:start position:0% to be very aware of when we operate is that<00:16:02.880>any <00:16:03.600>violation <00:16:04.079>that <00:16:04.380>we <00:16:04.500>receive <00:16:04.980>as <00:16:05.459>a 00:16:05.689 --> 00:16:05.699 align:start position:0% that any violation that we receive as a 00:16:05.699 --> 00:16:08.569 align:start position:0% that any violation that we receive as a company<00:16:06.019>on <00:16:07.019>a <00:16:07.199>project <00:16:07.440>could <00:16:07.860>endanger <00:16:08.279>that 00:16:08.569 --> 00:16:08.579 align:start position:0% company on a project could endanger that 00:16:08.579 --> 00:16:10.189 align:start position:0% company on a project could endanger that project 00:16:10.189 --> 00:16:10.199 align:start position:0% project 00:16:10.199 --> 00:16:12.170 align:start position:0% project um the<00:16:10.500>verifiers <00:16:11.100>look <00:16:11.579>for <00:16:11.760>that <00:16:11.940>the 00:16:12.170 --> 00:16:12.180 align:start position:0% um the verifiers look for that the 00:16:12.180 --> 00:16:14.150 align:start position:0% um the verifiers look for that the verifiers<00:16:12.660>call <00:16:12.839>Regulators 00:16:14.150 --> 00:16:14.160 align:start position:0% verifiers call Regulators 00:16:14.160 --> 00:16:15.829 align:start position:0% verifiers call Regulators um<00:16:14.279>they <00:16:14.699>make <00:16:14.880>sure <00:16:15.000>everything <00:16:15.240>is <00:16:15.540>above 00:16:15.829 --> 00:16:15.839 align:start position:0% um they make sure everything is above 00:16:15.839 --> 00:16:19.129 align:start position:0% um they make sure everything is above board<00:16:16.019>so <00:16:16.920>so <00:16:17.220>far <00:16:17.399>K-Rock <00:16:17.940>has <00:16:18.120>100 <00:16:18.240>success 00:16:19.129 --> 00:16:19.139 align:start position:0% board so so far K-Rock has 100 success 00:16:19.139 --> 00:16:20.509 align:start position:0% board so so far K-Rock has 100 success rate 00:16:20.509 --> 00:16:20.519 align:start position:0% rate 00:16:20.519 --> 00:16:21.230 align:start position:0% rate um 00:16:21.230 --> 00:16:21.240 align:start position:0% um 00:16:21.240 --> 00:16:22.970 align:start position:0% um there<00:16:21.779>are <00:16:21.899>other <00:16:22.079>companies <00:16:22.500>in <00:16:22.740>the <00:16:22.860>country 00:16:22.970 --> 00:16:22.980 align:start position:0% there are other companies in the country 00:16:22.980 --> 00:16:24.710 align:start position:0% there are other companies in the country that<00:16:23.459>do <00:16:23.579>this <00:16:23.820>environmental <00:16:24.600>credit 00:16:24.710 --> 00:16:24.720 align:start position:0% that do this environmental credit 00:16:24.720 --> 00:16:28.250 align:start position:0% that do this environmental credit Commodities<00:16:25.320>is <00:16:25.800>one <00:16:26.100>nextera <00:16:26.880>is <00:16:27.000>one <00:16:27.360>Ruby 00:16:28.250 --> 00:16:28.260 align:start position:0% Commodities is one nextera is one Ruby 00:16:28.260 --> 00:16:31.009 align:start position:0% Commodities is one nextera is one Ruby Canyon<00:16:28.639>there <00:16:29.639>are <00:16:29.820>a <00:16:29.940>few 00:16:31.009 --> 00:16:31.019 align:start position:0% Canyon there are a few 00:16:31.019 --> 00:16:34.069 align:start position:0% Canyon there are a few I<00:16:31.680>don't <00:16:31.800>think <00:16:32.220>to <00:16:32.699>my <00:16:32.940>knowledge <00:16:33.360>any 00:16:34.069 --> 00:16:34.079 align:start position:0% I don't think to my knowledge any 00:16:34.079 --> 00:16:36.829 align:start position:0% I don't think to my knowledge any abandon<00:16:34.620>or <00:16:34.800>active <00:16:35.100>mind <00:16:35.220>project <00:16:35.579>yet <00:16:36.540>has 00:16:36.829 --> 00:16:36.839 align:start position:0% abandon or active mind project yet has 00:16:36.839 --> 00:16:39.530 align:start position:0% abandon or active mind project yet has been<00:16:37.019>invalidated <00:16:37.560>I <00:16:38.399>had <00:16:38.519>I <00:16:38.820>do <00:16:38.940>know <00:16:39.120>that 00:16:39.530 --> 00:16:39.540 align:start position:0% been invalidated I had I do know that 00:16:39.540 --> 00:16:41.930 align:start position:0% been invalidated I had I do know that one<00:16:39.839>project <00:16:40.139>was <00:16:40.560>halted 00:16:41.930 --> 00:16:41.940 align:start position:0% one project was halted 00:16:41.940 --> 00:16:45.410 align:start position:0% one project was halted um<00:16:42.000>on <00:16:42.959>an <00:16:43.139>ownership <00:16:43.440>basis <00:16:44.160>uh <00:16:44.940>one <00:16:45.240>person 00:16:45.410 --> 00:16:45.420 align:start position:0% um on an ownership basis uh one person 00:16:45.420 --> 00:16:47.389 align:start position:0% um on an ownership basis uh one person owned<00:16:46.139>one <00:16:46.320>half <00:16:46.500>of <00:16:46.680>the <00:16:46.800>mine <00:16:46.980>one <00:16:47.279>person 00:16:47.389 --> 00:16:47.399 align:start position:0% owned one half of the mine one person 00:16:47.399 --> 00:16:49.850 align:start position:0% owned one half of the mine one person owned<00:16:47.940>another <00:16:48.060>it <00:16:48.959>was <00:16:49.079>an <00:16:49.259>abandoned <00:16:49.680>mine 00:16:49.850 --> 00:16:49.860 align:start position:0% owned another it was an abandoned mine 00:16:49.860 --> 00:16:51.829 align:start position:0% owned another it was an abandoned mine and<00:16:50.100>the <00:16:50.399>error <00:16:50.940>Resource <00:16:51.300>Board <00:16:51.420>did <00:16:51.720>not 00:16:51.829 --> 00:16:51.839 align:start position:0% and the error Resource Board did not 00:16:51.839 --> 00:16:54.829 align:start position:0% and the error Resource Board did not know<00:16:52.079>how <00:16:52.380>to <00:16:52.940>effectively <00:16:53.940>take <00:16:54.540>both 00:16:54.829 --> 00:16:54.839 align:start position:0% know how to effectively take both 00:16:54.839 --> 00:16:58.129 align:start position:0% know how to effectively take both projects<00:16:55.380>on <00:16:55.740>that <00:16:55.860>one <00:16:56.100>mine <00:16:56.839>uh <00:16:57.839>the <00:16:58.079>Air 00:16:58.129 --> 00:16:58.139 align:start position:0% projects on that one mine uh the Air 00:16:58.139 --> 00:16:59.689 align:start position:0% projects on that one mine uh the Air Resource<00:16:58.560>Board <00:16:58.740>does <00:16:58.980>allow <00:16:59.279>multiple 00:16:59.689 --> 00:16:59.699 align:start position:0% Resource Board does allow multiple 00:16:59.699 --> 00:17:01.670 align:start position:0% Resource Board does allow multiple operators<00:17:00.180>to <00:17:00.360>operate <00:17:00.660>on <00:17:00.839>an <00:17:01.019>active <00:17:01.320>mine 00:17:01.670 --> 00:17:01.680 align:start position:0% operators to operate on an active mine 00:17:01.680 --> 00:17:03.949 align:start position:0% operators to operate on an active mine so<00:17:02.040>that's <00:17:02.220>not <00:17:02.459>an <00:17:02.699>issue 00:17:03.949 --> 00:17:03.959 align:start position:0% so that's not an issue 00:17:03.959 --> 00:17:06.350 align:start position:0% so that's not an issue um<00:17:04.020>so <00:17:04.439>as <00:17:04.980>far <00:17:05.100>as <00:17:05.280>I <00:17:05.459>know <00:17:05.640>there's <00:17:06.120>never 00:17:06.350 --> 00:17:06.360 align:start position:0% um so as far as I know there's never 00:17:06.360 --> 00:17:09.049 align:start position:0% um so as far as I know there's never been<00:17:06.720>an <00:17:07.380>invalidation <00:17:07.919>for <00:17:08.220>any <00:17:08.459>company <00:17:08.699>for 00:17:09.049 --> 00:17:09.059 align:start position:0% been an invalidation for any company for 00:17:09.059 --> 00:17:10.309 align:start position:0% been an invalidation for any company for this 00:17:10.309 --> 00:17:10.319 align:start position:0% this 00:17:10.319 --> 00:17:13.789 align:start position:0% this for<00:17:10.799>active <00:17:11.100>or <00:17:11.220>abandoned <00:17:11.699>mines <00:17:11.939>yeah <00:17:12.900>okay 00:17:13.789 --> 00:17:13.799 align:start position:0% for active or abandoned mines yeah okay 00:17:13.799 --> 00:17:15.230 align:start position:0% for active or abandoned mines yeah okay appreciate<00:17:14.339>that 00:17:15.230 --> 00:17:15.240 align:start position:0% appreciate that 00:17:15.240 --> 00:17:19.850 align:start position:0% appreciate that um 00:17:19.850 --> 00:17:19.860 align:start position:0% 00:17:19.860 --> 00:17:24.169 align:start position:0% you<00:17:20.280>have <00:17:20.400>another <00:17:20.520>witness <00:17:20.819>no <00:17:21.720>sir <00:17:21.959>against 00:17:24.169 --> 00:17:24.179 align:start position:0% you have another witness no sir against 00:17:24.179 --> 00:17:26.569 align:start position:0% you have another witness no sir against oh<00:17:24.839>let <00:17:25.199>me <00:17:25.319>back <00:17:25.559>up <00:17:25.740>and <00:17:25.980>do <00:17:26.160>what <00:17:26.280>I <00:17:26.459>should 00:17:26.569 --> 00:17:26.579 align:start position:0% oh let me back up and do what I should 00:17:26.579 --> 00:17:28.010 align:start position:0% oh let me back up and do what I should have<00:17:26.699>done <00:17:26.819>to <00:17:27.000>start <00:17:27.179>with <00:17:27.360>this <00:17:27.540>this <00:17:27.720>is <00:17:27.900>a 00:17:28.010 --> 00:17:28.020 align:start position:0% have done to start with this this is a 00:17:28.020 --> 00:17:30.409 align:start position:0% have done to start with this this is a petition<00:17:28.319>for <00:17:28.559>t-rock <00:17:29.160>to <00:17:29.640>established <00:17:30.179>key 00:17:30.409 --> 00:17:30.419 align:start position:0% petition for t-rock to established key 00:17:30.419 --> 00:17:32.210 align:start position:0% petition for t-rock to established key Rock<00:17:30.660>one <00:17:30.900>seal <00:17:31.320>God <00:17:31.500>production <00:17:31.919>unit 00:17:32.210 --> 00:17:32.220 align:start position:0% Rock one seal God production unit 00:17:32.220 --> 00:17:34.570 align:start position:0% Rock one seal God production unit consisting<00:17:32.820>of 00:17:34.570 --> 00:17:34.580 align:start position:0% consisting of 00:17:34.580 --> 00:17:37.549 align:start position:0% consisting of 482.1210<00:17:35.580>acres <00:17:36.360>for <00:17:36.660>drilling <00:17:37.080>development 00:17:37.549 --> 00:17:37.559 align:start position:0% 482.1210 acres for drilling development 00:17:37.559 --> 00:17:39.409 align:start position:0% 482.1210 acres for drilling development production<00:17:37.860>of <00:17:38.100>cobed <00:17:38.460>methane <00:17:38.820>gas <00:17:39.059>and <00:17:39.299>a 00:17:39.409 --> 00:17:39.419 align:start position:0% production of cobed methane gas and a 00:17:39.419 --> 00:17:41.710 align:start position:0% production of cobed methane gas and a seal<00:17:39.720>golf <00:17:40.380>area 00:17:41.710 --> 00:17:41.720 align:start position:0% seal golf area 00:17:41.720 --> 00:17:47.289 align:start position:0% seal golf area this<00:17:42.720>is <00:17:42.840>vgov 00:17:47.289 --> 00:17:47.299 align:start position:0% 00:17:47.299 --> 00:17:50.450 align:start position:0% 22-1220-4254<00:17:48.299>and <00:17:49.140>this <00:17:49.380>was <00:17:49.620>continued <00:17:50.160>from 00:17:50.450 --> 00:17:50.460 align:start position:0% 22-1220-4254 and this was continued from 00:17:50.460 --> 00:17:52.810 align:start position:0% 22-1220-4254 and this was continued from the<00:17:50.700>February <00:17:51.179>docket <00:17:51.720>item 00:17:52.810 --> 00:17:52.820 align:start position:0% the February docket item 00:17:52.820 --> 00:17:57.590 align:start position:0% the February docket item uh<00:17:53.820>anyone <00:17:54.419>have <00:17:54.660>any <00:17:54.840>other <00:17:55.020>questions 00:17:57.590 --> 00:17:57.600 align:start position:0% 00:17:57.600 --> 00:18:00.470 align:start position:0% the<00:17:57.960>board <00:17:58.140>operates <00:17:58.500>on <00:17:58.679>a <00:17:58.860>motion 00:18:00.470 --> 00:18:00.480 align:start position:0% the board operates on a motion 00:18:00.480 --> 00:18:03.110 align:start position:0% the board operates on a motion I'll<00:18:00.960>move <00:18:01.260>that <00:18:01.440>we <00:18:01.679>approve <00:18:02.160>the 00:18:03.110 --> 00:18:03.120 align:start position:0% I'll move that we approve the 00:18:03.120 --> 00:18:05.029 align:start position:0% I'll move that we approve the petition 00:18:05.029 --> 00:18:05.039 align:start position:0% petition 00:18:05.039 --> 00:18:07.210 align:start position:0% petition we<00:18:05.400>have <00:18:05.520>a <00:18:05.640>motion <00:18:05.880>we <00:18:05.940>have <00:18:06.120>a <00:18:06.179>second 00:18:07.210 --> 00:18:07.220 align:start position:0% we have a motion we have a second 00:18:07.220 --> 00:18:09.230 align:start position:0% we have a motion we have a second we<00:18:08.220>have <00:18:08.340>a <00:18:08.400>motion <00:18:08.640>we <00:18:08.760>have <00:18:08.820>a <00:18:08.940>second <00:18:09.059>any 00:18:09.230 --> 00:18:09.240 align:start position:0% we have a motion we have a second any 00:18:09.240 --> 00:18:11.210 align:start position:0% we have a motion we have a second any discussion 00:18:11.210 --> 00:18:11.220 align:start position:0% discussion 00:18:11.220 --> 00:18:14.630 align:start position:0% discussion this<00:18:11.460>Gilmore <00:18:11.940>will <00:18:12.120>you <00:18:12.240>pull <00:18:12.360>the <00:18:12.660>board 00:18:14.630 --> 00:18:14.640 align:start position:0% this Gilmore will you pull the board 00:18:14.640 --> 00:18:16.430 align:start position:0% this Gilmore will you pull the board Mr<00:18:15.179>chairman 00:18:16.430 --> 00:18:16.440 align:start position:0% Mr chairman 00:18:16.440 --> 00:18:18.770 align:start position:0% Mr chairman uh<00:18:17.160>yes 00:18:18.770 --> 00:18:18.780 align:start position:0% uh yes 00:18:18.780 --> 00:18:21.710 align:start position:0% uh yes uh<00:18:19.320>Mr <00:18:19.679>chairman <00:18:20.039>this <00:18:20.280>is <00:18:20.400>Bruce <00:18:20.640>Prather <00:18:21.000>uh 00:18:21.710 --> 00:18:21.720 align:start position:0% uh Mr chairman this is Bruce Prather uh 00:18:21.720 --> 00:18:24.950 align:start position:0% uh Mr chairman this is Bruce Prather uh I<00:18:22.320>got <00:18:22.440>on <00:18:22.679>the <00:18:23.360>conversation <00:18:24.360>a <00:18:24.660>little <00:18:24.780>late 00:18:24.950 --> 00:18:24.960 align:start position:0% I got on the conversation a little late 00:18:24.960 --> 00:18:28.789 align:start position:0% I got on the conversation a little late but<00:18:25.440>I've <00:18:26.400>listened <00:18:26.880>to <00:18:27.000>it <00:18:27.179>can <00:18:27.960>I <00:18:28.200>vote <00:18:28.440>on <00:18:28.620>it 00:18:28.789 --> 00:18:28.799 align:start position:0% but I've listened to it can I vote on it 00:18:28.799 --> 00:18:31.070 align:start position:0% but I've listened to it can I vote on it yes<00:18:29.460>sir 00:18:31.070 --> 00:18:31.080 align:start position:0% yes sir 00:18:31.080 --> 00:18:34.190 align:start position:0% yes sir okay<00:18:31.799>we'll <00:18:32.340>just <00:18:32.580>add <00:18:32.880>my <00:18:33.179>name <00:18:33.299>to <00:18:33.660>the <00:18:33.900>uh 00:18:34.190 --> 00:18:34.200 align:start position:0% okay we'll just add my name to the uh 00:18:34.200 --> 00:18:37.370 align:start position:0% okay we'll just add my name to the uh Miss<00:18:35.480>Gilmer's <00:18:36.480>pulling <00:18:36.840>the <00:18:37.020>board <00:18:37.140>right 00:18:37.370 --> 00:18:37.380 align:start position:0% Miss Gilmer's pulling the board right 00:18:37.380 --> 00:18:38.750 align:start position:0% Miss Gilmer's pulling the board right now<00:18:37.500>Mr <00:18:37.740>Price 00:18:38.750 --> 00:18:38.760 align:start position:0% now Mr Price 00:18:38.760 --> 00:18:41.270 align:start position:0% now Mr Price okay<00:18:39.539>thank <00:18:39.900>you 00:18:41.270 --> 00:18:41.280 align:start position:0% okay thank you 00:18:41.280 --> 00:18:45.590 align:start position:0% okay thank you Mr<00:18:41.760>Harris <00:18:42.240>yes <00:18:43.020>Mr <00:18:43.740>Ratliff <00:18:44.280>abstain <00:18:44.940>Mr 00:18:45.590 --> 00:18:45.600 align:start position:0% Mr Harris yes Mr Ratliff abstain Mr 00:18:45.600 --> 00:18:50.870 align:start position:0% Mr Harris yes Mr Ratliff abstain Mr Jansen<00:18:46.500>yes <00:18:47.000>Mr <00:18:48.000>strap <00:18:48.360>yes <00:18:48.960>Mr <00:18:49.380>Franklin 00:18:50.870 --> 00:18:50.880 align:start position:0% Jansen yes Mr strap yes Mr Franklin 00:18:50.880 --> 00:18:52.789 align:start position:0% Jansen yes Mr strap yes Mr Franklin yes 00:18:52.789 --> 00:18:52.799 align:start position:0% yes 00:18:52.799 --> 00:18:55.190 align:start position:0% yes thank<00:18:53.400>you <00:18:53.520>that <00:18:54.059>petition's <00:18:54.600>approved <00:18:54.960>next 00:18:55.190 --> 00:18:55.200 align:start position:0% thank you that petition's approved next 00:18:55.200 --> 00:18:57.169 align:start position:0% thank you that petition's approved next to<00:18:55.440>this <00:18:55.620>item <00:18:56.160>docket <00:18:56.520>number <00:18:56.640>10 <00:18:56.880>a 00:18:57.169 --> 00:18:57.179 align:start position:0% to this item docket number 10 a 00:18:57.179 --> 00:18:59.510 align:start position:0% to this item docket number 10 a petitioner<00:18:57.600>P <00:18:57.900>Rock <00:18:58.140>energy <00:18:58.380>for <00:18:59.220>well 00:18:59.510 --> 00:18:59.520 align:start position:0% petitioner P Rock energy for well 00:18:59.520 --> 00:19:01.310 align:start position:0% petitioner P Rock energy for well location<00:18:59.760>exception <00:19:00.419>for <00:19:00.660>key <00:19:00.780>Rock <00:19:01.020>number 00:19:01.310 --> 00:19:01.320 align:start position:0% location exception for key Rock number 00:19:01.320 --> 00:19:03.110 align:start position:0% location exception for key Rock number one<00:19:01.500>located <00:19:01.799>in <00:19:02.160>the <00:19:02.280>North <00:19:02.400>quadrant <00:19:02.880>the 00:19:03.110 --> 00:19:03.120 align:start position:0% one located in the North quadrant the 00:19:03.120 --> 00:19:05.630 align:start position:0% one located in the North quadrant the candidate<00:19:03.480>Manchester <00:19:03.960>District <00:19:04.620>of <00:19:05.220>Dickson 00:19:05.630 --> 00:19:05.640 align:start position:0% candidate Manchester District of Dickson 00:19:05.640 --> 00:19:07.730 align:start position:0% candidate Manchester District of Dickson County<00:19:05.960>applicant <00:19:06.960>requests <00:19:07.440>Virginia 00:19:07.730 --> 00:19:07.740 align:start position:0% County applicant requests Virginia 00:19:07.740 --> 00:19:09.950 align:start position:0% County applicant requests Virginia against<00:19:08.460>all <00:19:08.760>board <00:19:08.880>to <00:19:09.120>enter <00:19:09.240>in <00:19:09.480>order <00:19:09.660>to 00:19:09.950 --> 00:19:09.960 align:start position:0% against all board to enter in order to 00:19:09.960 --> 00:19:11.210 align:start position:0% against all board to enter in order to enable<00:19:10.200>wealth 00:19:11.210 --> 00:19:11.220 align:start position:0% enable wealth 00:19:11.220 --> 00:19:13.250 align:start position:0% enable wealth number<00:19:11.700>key <00:19:12.000>Rock <00:19:12.179>number <00:19:12.419>one <00:19:12.600>to <00:19:12.780>be <00:19:12.900>drilled 00:19:13.250 --> 00:19:13.260 align:start position:0% number key Rock number one to be drilled 00:19:13.260 --> 00:19:15.230 align:start position:0% number key Rock number one to be drilled is<00:19:13.440>depicted <00:19:13.919>on <00:19:14.100>the <00:19:14.280>Plaid <00:19:14.580>attached <00:19:15.059>is 00:19:15.230 --> 00:19:15.240 align:start position:0% is depicted on the Plaid attached is 00:19:15.240 --> 00:19:17.870 align:start position:0% is depicted on the Plaid attached is exhibit<00:19:15.720>a <00:19:15.900>and <00:19:16.200>that <00:19:16.500>the <00:19:16.919>applicant <00:19:17.460>be 00:19:17.870 --> 00:19:17.880 align:start position:0% exhibit a and that the applicant be 00:19:17.880 --> 00:19:19.669 align:start position:0% exhibit a and that the applicant be granted<00:19:18.240>the <00:19:18.360>right <00:19:18.480>to <00:19:18.660>produce <00:19:18.960>methane <00:19:19.440>gas 00:19:19.669 --> 00:19:19.679 align:start position:0% granted the right to produce methane gas 00:19:19.679 --> 00:19:22.549 align:start position:0% granted the right to produce methane gas from<00:19:20.520>the <00:19:20.640>mind <00:19:20.820>out <00:19:21.059>job <00:19:21.299>on <00:19:21.600>scene 00:19:22.549 --> 00:19:22.559 align:start position:0% from the mind out job on scene 00:19:22.559 --> 00:19:26.570 align:start position:0% from the mind out job on scene uh<00:19:23.280>in <00:19:23.520>Contour <00:19:23.940>deepmind <00:19:24.600>41. <00:19:25.740>which <00:19:26.160>appears 00:19:26.570 --> 00:19:26.580 align:start position:0% uh in Contour deepmind 41. which appears 00:19:26.580 --> 00:19:28.610 align:start position:0% uh in Contour deepmind 41. which appears on<00:19:26.820>the <00:19:26.940>well <00:19:27.059>work <00:19:27.360>permits <00:19:27.900>submitted <00:19:28.320>by 00:19:28.610 --> 00:19:28.620 align:start position:0% on the well work permits submitted by 00:19:28.620 --> 00:19:32.029 align:start position:0% on the well work permits submitted by the<00:19:29.039>inspector <00:19:29.940>for <00:19:30.299>for <00:19:30.539>unit <00:19:30.960>K1 <00:19:31.559>this <00:19:31.919>is 00:19:32.029 --> 00:19:32.039 align:start position:0% the inspector for for unit K1 this is 00:19:32.039 --> 00:19:34.390 align:start position:0% the inspector for for unit K1 this is docket<00:19:32.400>item <00:19:32.700>vgov 00:19:34.390 --> 00:19:34.400 align:start position:0% docket item vgov 00:19:34.400 --> 00:19:38.470 align:start position:0% docket item vgov 22-2012<00:19:35.400>or <00:19:35.880>12 <00:19:36.360>20 <00:19:36.660>excuse <00:19:37.200>me 00:19:38.470 --> 00:19:38.480 align:start position:0% 22-2012 or 12 20 excuse me 00:19:38.480 --> 00:19:40.310 align:start position:0% 22-2012 or 12 20 excuse me 42.55 00:19:40.310 --> 00:19:40.320 align:start position:0% 42.55 00:19:40.320 --> 00:19:42.710 align:start position:0% 42.55 you<00:19:40.860>may <00:19:40.980>proceed <00:19:41.400>Mr <00:19:41.640>Moss 00:19:42.710 --> 00:19:42.720 align:start position:0% you may proceed Mr Moss 00:19:42.720 --> 00:19:45.710 align:start position:0% you may proceed Mr Moss thank<00:19:43.260>you <00:19:43.320>Mr <00:19:43.440>Allen <00:19:44.340>but <00:19:44.760>we <00:19:45.000>would <00:19:45.120>call <00:19:45.360>Mr 00:19:45.710 --> 00:19:45.720 align:start position:0% thank you Mr Allen but we would call Mr 00:19:45.720 --> 00:19:47.330 align:start position:0% thank you Mr Allen but we would call Mr Pate 00:19:47.330 --> 00:19:47.340 align:start position:0% Pate 00:19:47.340 --> 00:19:49.909 align:start position:0% Pate Mr<00:19:47.880>Pate <00:19:48.419>uh <00:19:48.900>you've <00:19:49.320>uh <00:19:49.440>can <00:19:49.620>you <00:19:49.799>please 00:19:49.909 --> 00:19:49.919 align:start position:0% Mr Pate uh you've uh can you please 00:19:49.919 --> 00:19:51.590 align:start position:0% Mr Pate uh you've uh can you please state<00:19:50.100>your <00:19:50.400>name <00:19:50.580>by <00:19:50.880>whom <00:19:51.179>you're <00:19:51.299>employed 00:19:51.590 --> 00:19:51.600 align:start position:0% state your name by whom you're employed 00:19:51.600 --> 00:19:53.570 align:start position:0% state your name by whom you're employed in<00:19:51.780>your <00:19:51.900>job <00:19:52.020>description <00:19:52.380>please <00:19:52.740>Morgan 00:19:53.570 --> 00:19:53.580 align:start position:0% in your job description please Morgan 00:19:53.580 --> 00:19:55.210 align:start position:0% in your job description please Morgan State<00:19:53.940>Employee <00:19:54.299>my <00:19:54.539>key <00:19:54.600>Rock <00:19:54.840>Energy 00:19:55.210 --> 00:19:55.220 align:start position:0% State Employee my key Rock Energy 00:19:55.220 --> 00:19:58.070 align:start position:0% State Employee my key Rock Energy geologists<00:19:56.220>and <00:19:56.700>you <00:19:56.880>recently <00:19:57.240>just <00:19:57.419>gave <00:19:57.720>uh 00:19:58.070 --> 00:19:58.080 align:start position:0% geologists and you recently just gave uh 00:19:58.080 --> 00:20:00.650 align:start position:0% geologists and you recently just gave uh testimony<00:19:58.500>in <00:19:58.679>regards <00:19:59.160>to <00:19:59.700>uh <00:20:00.240>application 00:20:00.650 --> 00:20:00.660 align:start position:0% testimony in regards to uh application 00:20:00.660 --> 00:20:04.610 align:start position:0% testimony in regards to uh application number<00:20:00.799>4254 <00:20:01.799>is <00:20:02.039>that <00:20:02.220>correct <00:20:02.460>yes <00:20:03.299>and <00:20:04.200>all 00:20:04.610 --> 00:20:04.620 align:start position:0% number 4254 is that correct yes and all 00:20:04.620 --> 00:20:07.330 align:start position:0% number 4254 is that correct yes and all the<00:20:04.919>answers <00:20:05.400>that <00:20:05.700>you <00:20:05.880>gave <00:20:06.059>in <00:20:06.360>response <00:20:06.900>to 00:20:07.330 --> 00:20:07.340 align:start position:0% the answers that you gave in response to 00:20:07.340 --> 00:20:10.130 align:start position:0% the answers that you gave in response to application<00:20:08.340>4254 <00:20:09.299>which <00:20:09.539>your <00:20:09.780>answer <00:20:09.840>would 00:20:10.130 --> 00:20:10.140 align:start position:0% application 4254 which your answer would 00:20:10.140 --> 00:20:14.930 align:start position:0% application 4254 which your answer would be<00:20:10.260>the <00:20:10.440>same <00:20:10.620>for <00:20:11.120>42.55 <00:20:12.120>yes <00:20:12.900>all <00:20:13.679>right <00:20:14.220>and 00:20:14.930 --> 00:20:14.940 align:start position:0% be the same for 42.55 yes all right and 00:20:14.940 --> 00:20:16.669 align:start position:0% be the same for 42.55 yes all right and so<00:20:15.179>that <00:20:15.539>testimony <00:20:15.960>to <00:20:16.140>be <00:20:16.260>incorporated 00:20:16.669 --> 00:20:16.679 align:start position:0% so that testimony to be incorporated 00:20:16.679 --> 00:20:17.990 align:start position:0% so that testimony to be incorporated thank<00:20:17.220>you 00:20:17.990 --> 00:20:18.000 align:start position:0% thank you 00:20:18.000 --> 00:20:21.409 align:start position:0% thank you and<00:20:18.720>so <00:20:19.080>uh <00:20:19.620>keyrock <00:20:20.220>is <00:20:20.460>asking <00:20:20.820>for <00:20:21.179>an 00:20:21.409 --> 00:20:21.419 align:start position:0% and so uh keyrock is asking for an 00:20:21.419 --> 00:20:23.630 align:start position:0% and so uh keyrock is asking for an exemption<00:20:21.840>from <00:20:22.020>the <00:20:22.320>thousand <00:20:22.679>feet <00:20:22.919>uh 00:20:23.630 --> 00:20:23.640 align:start position:0% exemption from the thousand feet uh 00:20:23.640 --> 00:20:25.970 align:start position:0% exemption from the thousand feet uh requirement<00:20:24.240>uh <00:20:24.900>for <00:20:25.080>distance <00:20:25.260>of <00:20:25.620>a <00:20:25.799>whale 00:20:25.970 --> 00:20:25.980 align:start position:0% requirement uh for distance of a whale 00:20:25.980 --> 00:20:29.690 align:start position:0% requirement uh for distance of a whale is<00:20:26.100>that <00:20:26.340>correct <00:20:26.700>yes <00:20:27.260>and <00:20:28.260>the <00:20:28.740>uh <00:20:29.280>the 00:20:29.690 --> 00:20:29.700 align:start position:0% is that correct yes and the uh the 00:20:29.700 --> 00:20:32.750 align:start position:0% is that correct yes and the uh the whales<00:20:30.059>that <00:20:30.419>you <00:20:30.539>are <00:20:30.780>asked <00:20:31.080>that <00:20:31.559>uh <00:20:32.039>uh 00:20:32.750 --> 00:20:32.760 align:start position:0% whales that you are asked that uh uh 00:20:32.760 --> 00:20:34.610 align:start position:0% whales that you are asked that uh uh you're<00:20:32.940>petitioning <00:20:33.660>uh <00:20:34.080>to <00:20:34.320>have <00:20:34.440>an 00:20:34.610 --> 00:20:34.620 align:start position:0% you're petitioning uh to have an 00:20:34.620 --> 00:20:35.930 align:start position:0% you're petitioning uh to have an exemption<00:20:35.039>from <00:20:35.160>there <00:20:35.460>would <00:20:35.580>be <00:20:35.640>interest 00:20:35.930 --> 00:20:35.940 align:start position:0% exemption from there would be interest 00:20:35.940 --> 00:20:38.590 align:start position:0% exemption from there would be interest well<00:20:36.539>number 00:20:38.590 --> 00:20:38.600 align:start position:0% well number 00:20:38.600 --> 00:20:42.950 align:start position:0% well number vc3753<00:20:39.600>is <00:20:39.960>that <00:20:40.140>correct <00:20:40.500>yes <00:20:41.539>uh <00:20:42.539>intervest 00:20:42.950 --> 00:20:42.960 align:start position:0% vc3753 is that correct yes uh intervest 00:20:42.960 --> 00:20:46.610 align:start position:0% vc3753 is that correct yes uh intervest operating<00:20:43.440>LLC <00:20:44.039>well <00:20:44.220>number <00:20:44.520>p332 00:20:46.610 --> 00:20:46.620 align:start position:0% operating LLC well number p332 00:20:46.620 --> 00:20:49.730 align:start position:0% operating LLC well number p332 that<00:20:47.160>correct <00:20:47.460>yes <00:20:48.059>and <00:20:48.780>intervest <00:20:49.260>operating 00:20:49.730 --> 00:20:49.740 align:start position:0% that correct yes and intervest operating 00:20:49.740 --> 00:20:52.029 align:start position:0% that correct yes and intervest operating LLC<00:20:50.400>wheel <00:20:50.760>number 00:20:52.029 --> 00:20:52.039 align:start position:0% LLC wheel number 00:20:52.039 --> 00:20:55.850 align:start position:0% LLC wheel number vc-3619<00:20:53.039>is <00:20:53.520>that <00:20:53.760>correct <00:20:54.120>yes <00:20:54.840>now <00:20:55.559>the 00:20:55.850 --> 00:20:55.860 align:start position:0% vc-3619 is that correct yes now the 00:20:55.860 --> 00:20:59.390 align:start position:0% vc-3619 is that correct yes now the distances<00:20:56.400>uh <00:20:57.120>from <00:20:57.480>the <00:20:57.960>uh <00:20:58.200>uh <00:20:59.039>for <00:20:59.280>the 00:20:59.390 --> 00:20:59.400 align:start position:0% distances uh from the uh uh for the 00:20:59.400 --> 00:21:01.909 align:start position:0% distances uh from the uh uh for the thousand<00:20:59.700>feet <00:20:59.820>one <00:21:00.179>is <00:21:00.480>816 <00:21:01.320>the <00:21:01.620>first <00:21:01.740>world 00:21:01.909 --> 00:21:01.919 align:start position:0% thousand feet one is 816 the first world 00:21:01.919 --> 00:21:05.810 align:start position:0% thousand feet one is 816 the first world is<00:21:02.100>816 <00:21:02.760>feet <00:21:03.000>is <00:21:03.360>that <00:21:03.480>correct <00:21:03.660>yes <00:21:04.580>uh <00:21:05.580>the 00:21:05.810 --> 00:21:05.820 align:start position:0% is 816 feet is that correct yes uh the 00:21:05.820 --> 00:21:10.010 align:start position:0% is 816 feet is that correct yes uh the p332<00:21:06.780>is <00:21:07.020>at <00:21:07.520>985 <00:21:08.520>feet <00:21:08.760>from <00:21:09.059>the <00:21:09.299>proposed 00:21:10.010 --> 00:21:10.020 align:start position:0% p332 is at 985 feet from the proposed 00:21:10.020 --> 00:21:15.710 align:start position:0% p332 is at 985 feet from the proposed wheel<00:21:10.200>yes <00:21:10.940>and <00:21:11.940>uh <00:21:12.980>vc3619 <00:21:13.980>that's <00:21:14.419>974 <00:21:15.419>feet 00:21:15.710 --> 00:21:15.720 align:start position:0% wheel yes and uh vc3619 that's 974 feet 00:21:15.720 --> 00:21:19.850 align:start position:0% wheel yes and uh vc3619 that's 974 feet is<00:21:16.200>that <00:21:16.440>correct <00:21:16.740>yes <00:21:17.280>now <00:21:18.179>the <00:21:18.720>uh <00:21:19.440>the 00:21:19.850 --> 00:21:19.860 align:start position:0% is that correct yes now the uh the 00:21:19.860 --> 00:21:22.669 align:start position:0% is that correct yes now the uh the distance<00:21:20.039>required <00:21:20.700>is <00:21:20.820>a <00:21:21.059>thousand <00:21:21.360>feet <00:21:21.679>uh 00:21:22.669 --> 00:21:22.679 align:start position:0% distance required is a thousand feet uh 00:21:22.679 --> 00:21:24.350 align:start position:0% distance required is a thousand feet uh you<00:21:22.980>may <00:21:23.160>recall <00:21:23.520>last <00:21:23.760>month <00:21:23.940>there <00:21:24.240>was 00:21:24.350 --> 00:21:24.360 align:start position:0% you may recall last month there was 00:21:24.360 --> 00:21:27.470 align:start position:0% you may recall last month there was discussion<00:21:24.840>with <00:21:25.020>the <00:21:25.200>board <00:21:25.380>about <00:21:26.340>uh <00:21:27.179>why 00:21:27.470 --> 00:21:27.480 align:start position:0% discussion with the board about uh why 00:21:27.480 --> 00:21:30.350 align:start position:0% discussion with the board about uh why you<00:21:27.660>would <00:21:27.780>need <00:21:27.960>an <00:21:28.200>exemption <00:21:28.679>uh <00:21:29.640>for <00:21:30.179>this 00:21:30.350 --> 00:21:30.360 align:start position:0% you would need an exemption uh for this 00:21:30.360 --> 00:21:32.990 align:start position:0% you would need an exemption uh for this location<00:21:30.600>has <00:21:31.140>key <00:21:31.440>Rock <00:21:31.679>taken <00:21:32.159>into <00:21:32.340>account 00:21:32.990 --> 00:21:33.000 align:start position:0% location has key Rock taken into account 00:21:33.000 --> 00:21:36.289 align:start position:0% location has key Rock taken into account the<00:21:33.539>the <00:21:33.720>topography <00:21:34.440>uh <00:21:35.400>drainage <00:21:35.820>ditches 00:21:36.289 --> 00:21:36.299 align:start position:0% the the topography uh drainage ditches 00:21:36.299 --> 00:21:38.630 align:start position:0% the the topography uh drainage ditches distances<00:21:37.080>to <00:21:37.500>the <00:21:37.620>public <00:21:37.860>road <00:21:38.159>and <00:21:38.520>the 00:21:38.630 --> 00:21:38.640 align:start position:0% distances to the public road and the 00:21:38.640 --> 00:21:40.850 align:start position:0% distances to the public road and the removal<00:21:39.000>of <00:21:39.059>underground <00:21:39.480>coal <00:21:40.020>pillar <00:21:40.320>oh 00:21:40.850 --> 00:21:40.860 align:start position:0% removal of underground coal pillar oh 00:21:40.860 --> 00:21:43.549 align:start position:0% removal of underground coal pillar oh yes<00:21:41.100>and <00:21:41.820>has <00:21:42.059>there <00:21:42.240>been <00:21:42.480>mapping <00:21:42.960>submitted 00:21:43.549 --> 00:21:43.559 align:start position:0% yes and has there been mapping submitted 00:21:43.559 --> 00:21:47.390 align:start position:0% yes and has there been mapping submitted uh<00:21:44.159>to <00:21:44.460>staff <00:21:44.760>uh <00:21:45.419>showing <00:21:45.900>uh <00:21:46.500>the <00:21:46.980>location 00:21:47.390 --> 00:21:47.400 align:start position:0% uh to staff uh showing uh the location 00:21:47.400 --> 00:21:49.909 align:start position:0% uh to staff uh showing uh the location and<00:21:47.880>also <00:21:48.120>these <00:21:48.360>other <00:21:48.480>features <00:21:49.020>that <00:21:49.799>would 00:21:49.909 --> 00:21:49.919 align:start position:0% and also these other features that would 00:21:49.919 --> 00:21:52.070 align:start position:0% and also these other features that would necessitate<00:21:50.580>key <00:21:50.820>Rock <00:21:51.059>to <00:21:51.539>request <00:21:51.840>this 00:21:52.070 --> 00:21:52.080 align:start position:0% necessitate key Rock to request this 00:21:52.080 --> 00:21:55.070 align:start position:0% necessitate key Rock to request this exemption<00:21:52.620>yes <00:21:53.039>and <00:21:54.000>so <00:21:54.240>you <00:21:54.539>were <00:21:54.720>asking 00:21:55.070 --> 00:21:55.080 align:start position:0% exemption yes and so you were asking 00:21:55.080 --> 00:21:58.669 align:start position:0% exemption yes and so you were asking based<00:21:55.620>on <00:21:55.740>that <00:21:56.340>you're <00:21:56.880>asking <00:21:57.299>that <00:21:57.720>uh <00:21:58.140>the 00:21:58.669 --> 00:21:58.679 align:start position:0% based on that you're asking that uh the 00:21:58.679 --> 00:22:00.529 align:start position:0% based on that you're asking that uh the proposed<00:21:59.039>location <00:21:59.220>of <00:21:59.580>this <00:21:59.700>will <00:21:59.880>be <00:22:00.059>proved 00:22:00.529 --> 00:22:00.539 align:start position:0% proposed location of this will be proved 00:22:00.539 --> 00:22:03.049 align:start position:0% proposed location of this will be proved yes<00:22:00.960>sir 00:22:03.049 --> 00:22:03.059 align:start position:0% yes sir 00:22:03.059 --> 00:22:06.350 align:start position:0% yes sir that<00:22:03.539>would <00:22:03.659>be <00:22:03.780>our <00:22:03.960>questions <00:22:04.400>Mr <00:22:05.400>chair <00:22:05.640>any 00:22:06.350 --> 00:22:06.360 align:start position:0% that would be our questions Mr chair any 00:22:06.360 --> 00:22:08.630 align:start position:0% that would be our questions Mr chair any questions<00:22:06.720>from <00:22:07.080>the <00:22:07.260>board 00:22:08.630 --> 00:22:08.640 align:start position:0% questions from the board 00:22:08.640 --> 00:22:12.770 align:start position:0% questions from the board yeah<00:22:09.179>just <00:22:09.419>uh <00:22:09.659>one <00:22:09.960>that's <00:22:10.679>can <00:22:11.400>you <00:22:11.880>um 00:22:12.770 --> 00:22:12.780 align:start position:0% yeah just uh one that's can you um 00:22:12.780 --> 00:22:15.649 align:start position:0% yeah just uh one that's can you um sort<00:22:13.320>of <00:22:13.380>elaborate <00:22:13.799>on <00:22:13.980>what <00:22:14.340>the <00:22:14.659>technical 00:22:15.649 --> 00:22:15.659 align:start position:0% sort of elaborate on what the technical 00:22:15.659 --> 00:22:18.950 align:start position:0% sort of elaborate on what the technical basis<00:22:16.080>is <00:22:16.260>you <00:22:16.799>develop <00:22:17.400>one <00:22:17.580>of <00:22:17.760>these <00:22:17.960>civil 00:22:18.950 --> 00:22:18.960 align:start position:0% basis is you develop one of these civil 00:22:18.960 --> 00:22:20.870 align:start position:0% basis is you develop one of these civil God<00:22:19.140>units <00:22:19.620>of <00:22:20.039>the <00:22:20.159>placement <00:22:20.460>of <00:22:20.640>the <00:22:20.820>well 00:22:20.870 --> 00:22:20.880 align:start position:0% God units of the placement of the well 00:22:20.880 --> 00:22:23.029 align:start position:0% God units of the placement of the well itself<00:22:21.360>what <00:22:22.020>are <00:22:22.200>the <00:22:22.260>driving <00:22:22.440>factors 00:22:23.029 --> 00:22:23.039 align:start position:0% itself what are the driving factors 00:22:23.039 --> 00:22:25.789 align:start position:0% itself what are the driving factors involved<00:22:23.520>with <00:22:23.640>that <00:22:24.260>underground <00:22:25.260>is <00:22:25.620>there 00:22:25.789 --> 00:22:25.799 align:start position:0% involved with that underground is there 00:22:25.799 --> 00:22:27.649 align:start position:0% involved with that underground is there a<00:22:25.919>certain <00:22:26.039>specific <00:22:26.460>part <00:22:26.700>of <00:22:26.940>a <00:22:27.059>mind <00:22:27.419>that 00:22:27.649 --> 00:22:27.659 align:start position:0% a certain specific part of a mind that 00:22:27.659 --> 00:22:29.630 align:start position:0% a certain specific part of a mind that you're<00:22:27.840>trying <00:22:28.020>to <00:22:28.200>intersect <00:22:28.740>uh <00:22:29.280>can <00:22:29.460>you 00:22:29.630 --> 00:22:29.640 align:start position:0% you're trying to intersect uh can you 00:22:29.640 --> 00:22:31.010 align:start position:0% you're trying to intersect uh can you can<00:22:29.820>you <00:22:29.940>get <00:22:30.059>some <00:22:30.179>details <00:22:30.480>on <00:22:30.600>that <00:22:30.780>what 00:22:31.010 --> 00:22:31.020 align:start position:0% can you get some details on that what 00:22:31.020 --> 00:22:33.529 align:start position:0% can you get some details on that what what<00:22:31.260>those <00:22:31.559>considerations <00:22:32.220>sure 00:22:33.529 --> 00:22:33.539 align:start position:0% what those considerations sure 00:22:33.539 --> 00:22:35.330 align:start position:0% what those considerations sure um<00:22:33.600>in <00:22:34.020>general <00:22:34.140>terms <00:22:34.559>we <00:22:34.679>prefer <00:22:34.980>to <00:22:35.100>be <00:22:35.159>up 00:22:35.330 --> 00:22:35.340 align:start position:0% um in general terms we prefer to be up 00:22:35.340 --> 00:22:37.789 align:start position:0% um in general terms we prefer to be up depth<00:22:35.700>as <00:22:35.820>possible <00:22:36.120>as <00:22:36.539>high <00:22:36.780>up <00:22:36.960>dip <00:22:37.260>in <00:22:37.620>any 00:22:37.789 --> 00:22:37.799 align:start position:0% depth as possible as high up dip in any 00:22:37.799 --> 00:22:41.990 align:start position:0% depth as possible as high up dip in any any<00:22:38.220>sealed <00:22:38.700>area <00:22:39.440>we <00:22:40.440>also <00:22:40.740>prefer <00:22:41.220>to <00:22:41.580>be <00:22:41.760>in 00:22:41.990 --> 00:22:42.000 align:start position:0% any sealed area we also prefer to be in 00:22:42.000 --> 00:22:43.870 align:start position:0% any sealed area we also prefer to be in an<00:22:42.120>intersection <00:22:42.480>of <00:22:42.720>coal <00:22:43.020>pillars <00:22:43.380>and <00:22:43.559>not 00:22:43.870 --> 00:22:43.880 align:start position:0% an intersection of coal pillars and not 00:22:43.880 --> 00:22:46.490 align:start position:0% an intersection of coal pillars and not between<00:22:44.880>the <00:22:45.179>pillar <00:22:45.600>and <00:22:45.780>the <00:22:46.020>edge <00:22:46.200>of <00:22:46.380>the 00:22:46.490 --> 00:22:46.500 align:start position:0% between the pillar and the edge of the 00:22:46.500 --> 00:22:49.430 align:start position:0% between the pillar and the edge of the mine<00:22:46.679>wall <00:22:46.860>for <00:22:47.100>example <00:22:47.340>and <00:22:47.940>we <00:22:48.240>also <00:22:48.659>very 00:22:49.430 --> 00:22:49.440 align:start position:0% mine wall for example and we also very 00:22:49.440 --> 00:22:51.110 align:start position:0% mine wall for example and we also very much<00:22:49.620>prefer <00:22:49.919>to <00:22:50.220>be <00:22:50.340>in <00:22:50.520>an <00:22:50.640>area <00:22:50.760>where <00:22:51.000>the 00:22:51.110 --> 00:22:51.120 align:start position:0% much prefer to be in an area where the 00:22:51.120 --> 00:22:53.450 align:start position:0% much prefer to be in an area where the pillars<00:22:51.480>have <00:22:51.600>not <00:22:51.780>been <00:22:51.900>removed <00:22:52.440>by <00:22:52.980>mining 00:22:53.450 --> 00:22:53.460 align:start position:0% pillars have not been removed by mining 00:22:53.460 --> 00:22:55.970 align:start position:0% pillars have not been removed by mining we<00:22:54.299>tend <00:22:54.480>to <00:22:54.600>drill <00:22:54.840>into <00:22:54.960>roof <00:22:55.320>collapses <00:22:55.799>and 00:22:55.970 --> 00:22:55.980 align:start position:0% we tend to drill into roof collapses and 00:22:55.980 --> 00:22:58.970 align:start position:0% we tend to drill into roof collapses and swells<00:22:56.400>and <00:22:56.640>that's <00:22:56.820>the <00:22:57.360>end <00:22:57.539>of <00:22:57.659>that <00:22:57.980>in 00:22:58.970 --> 00:22:58.980 align:start position:0% swells and that's the end of that in 00:22:58.980 --> 00:23:01.850 align:start position:0% swells and that's the end of that in Virginia<00:22:59.419>compared <00:23:00.419>to <00:23:00.480>Illinois <00:23:00.720>the <00:23:01.679>state 00:23:01.850 --> 00:23:01.860 align:start position:0% Virginia compared to Illinois the state 00:23:01.860 --> 00:23:04.850 align:start position:0% Virginia compared to Illinois the state is<00:23:02.039>very <00:23:02.159>mountainous <00:23:02.640>and <00:23:02.820>rugged <00:23:03.679>and <00:23:04.679>the 00:23:04.850 --> 00:23:04.860 align:start position:0% is very mountainous and rugged and the 00:23:04.860 --> 00:23:07.190 align:start position:0% is very mountainous and rugged and the topography<00:23:05.580>had <00:23:05.820>a <00:23:06.000>very <00:23:06.179>large <00:23:06.539>influence <00:23:07.020>on 00:23:07.190 --> 00:23:07.200 align:start position:0% topography had a very large influence on 00:23:07.200 --> 00:23:09.890 align:start position:0% topography had a very large influence on where<00:23:07.500>this <00:23:07.679>well <00:23:07.860>was <00:23:08.100>located <00:23:08.659>we <00:23:09.659>tried 00:23:09.890 --> 00:23:09.900 align:start position:0% where this well was located we tried 00:23:09.900 --> 00:23:12.169 align:start position:0% where this well was located we tried multiple<00:23:10.320>spots <00:23:10.799>inside <00:23:11.159>the <00:23:11.520>Sky <00:23:11.760>Barrier 00:23:12.169 --> 00:23:12.179 align:start position:0% multiple spots inside the Sky Barrier 00:23:12.179 --> 00:23:14.450 align:start position:0% multiple spots inside the Sky Barrier over<00:23:12.299>the <00:23:12.720>probably <00:23:13.380>a <00:23:13.679>month <00:23:13.860>and <00:23:14.039>a <00:23:14.159>half <00:23:14.220>two 00:23:14.450 --> 00:23:14.460 align:start position:0% over the probably a month and a half two 00:23:14.460 --> 00:23:16.549 align:start position:0% over the probably a month and a half two months<00:23:14.880>and 00:23:16.549 --> 00:23:16.559 align:start position:0% months and 00:23:16.559 --> 00:23:17.810 align:start position:0% months and we<00:23:17.039>just <00:23:17.220>couldn't <00:23:17.340>make <00:23:17.520>them <00:23:17.640>work 00:23:17.810 --> 00:23:17.820 align:start position:0% we just couldn't make them work 00:23:17.820 --> 00:23:19.730 align:start position:0% we just couldn't make them work somewhere<00:23:18.179>too <00:23:18.360>close <00:23:18.480>to <00:23:18.659>railroads <00:23:19.320>some 00:23:19.730 --> 00:23:19.740 align:start position:0% somewhere too close to railroads some 00:23:19.740 --> 00:23:22.370 align:start position:0% somewhere too close to railroads some were<00:23:20.100>too <00:23:20.520>close <00:23:20.760>to <00:23:20.940>houses <00:23:21.179>the <00:23:22.140>location 00:23:22.370 --> 00:23:22.380 align:start position:0% were too close to houses the location 00:23:22.380 --> 00:23:26.149 align:start position:0% were too close to houses the location that<00:23:22.919>we <00:23:23.220>are <00:23:23.400>submitting <00:23:24.120>today <00:23:24.620>is <00:23:25.620>along <00:23:25.860>an 00:23:26.149 --> 00:23:26.159 align:start position:0% that we are submitting today is along an 00:23:26.159 --> 00:23:28.669 align:start position:0% that we are submitting today is along an existing<00:23:26.520>intervest <00:23:27.000>Access <00:23:27.299>Road 00:23:28.669 --> 00:23:28.679 align:start position:0% existing intervest Access Road 00:23:28.679 --> 00:23:29.330 align:start position:0% existing intervest Access Road um 00:23:29.330 --> 00:23:29.340 align:start position:0% um 00:23:29.340 --> 00:23:31.970 align:start position:0% um that's<00:23:29.940>already <00:23:30.240>built 00:23:31.970 --> 00:23:31.980 align:start position:0% that's already built 00:23:31.980 --> 00:23:33.289 align:start position:0% that's already built and 00:23:33.289 --> 00:23:33.299 align:start position:0% and 00:23:33.299 --> 00:23:35.090 align:start position:0% and in<00:23:33.720>our <00:23:33.960>opinion <00:23:34.260>is <00:23:34.440>in <00:23:34.620>one <00:23:34.799>of <00:23:34.919>the <00:23:34.980>better 00:23:35.090 --> 00:23:35.100 align:start position:0% in our opinion is in one of the better 00:23:35.100 --> 00:23:37.810 align:start position:0% in our opinion is in one of the better spots<00:23:35.520>in <00:23:35.640>this <00:23:35.760>Gob <00:23:36.120>area 00:23:37.810 --> 00:23:37.820 align:start position:0% spots in this Gob area 00:23:37.820 --> 00:23:40.250 align:start position:0% spots in this Gob area thank<00:23:38.820>you <00:23:38.940>you're <00:23:39.419>welcome <00:23:39.600>any <00:23:40.020>other 00:23:40.250 --> 00:23:40.260 align:start position:0% thank you you're welcome any other 00:23:40.260 --> 00:23:41.990 align:start position:0% thank you you're welcome any other question 00:23:41.990 --> 00:23:42.000 align:start position:0% question 00:23:42.000 --> 00:23:44.870 align:start position:0% question anything<00:23:42.600>further <00:23:43.080>instruments <00:23:43.740>no <00:23:44.159>sir <00:23:44.340>Lord 00:23:44.870 --> 00:23:44.880 align:start position:0% anything further instruments no sir Lord 00:23:44.880 --> 00:23:48.970 align:start position:0% anything further instruments no sir Lord operates<00:23:45.299>almost 00:23:48.970 --> 00:23:48.980 align:start position:0% 00:23:48.980 --> 00:23:51.130 align:start position:0% well 00:23:51.130 --> 00:23:51.140 align:start position:0% well 00:23:51.140 --> 00:23:54.289 align:start position:0% well second<00:23:52.140>thank <00:23:52.860>you <00:23:53.039>Miss <00:23:53.580>Gilmore <00:23:54.000>will <00:23:54.179>you 00:23:54.289 --> 00:23:54.299 align:start position:0% second thank you Miss Gilmore will you 00:23:54.299 --> 00:23:57.649 align:start position:0% second thank you Miss Gilmore will you pull<00:23:54.419>the <00:23:54.600>board <00:23:54.720>Please <00:23:55.080>Mr <00:23:55.860>Harris <00:23:56.340>yes <00:23:57.179>Mr 00:23:57.649 --> 00:23:57.659 align:start position:0% pull the board Please Mr Harris yes Mr 00:23:57.659 --> 00:24:04.970 align:start position:0% pull the board Please Mr Harris yes Mr Ranson<00:23:58.520>Mr <00:23:59.520>Johnson <00:23:59.940>yes <00:24:00.840>Mrs <00:24:01.799>yes 00:24:04.970 --> 00:24:04.980 align:start position:0% 00:24:04.980 --> 00:24:06.789 align:start position:0% yes 00:24:06.789 --> 00:24:06.799 align:start position:0% yes 00:24:06.799 --> 00:24:09.590 align:start position:0% yes mathematicians<00:24:07.799>approved <00:24:08.100>Mr <00:24:08.340>Mullins <00:24:08.820>next 00:24:09.590 --> 00:24:09.600 align:start position:0% mathematicians approved Mr Mullins next 00:24:09.600 --> 00:24:11.570 align:start position:0% mathematicians approved Mr Mullins next is<00:24:09.900>a <00:24:10.080>petition <00:24:10.380>from <00:24:10.679>item <00:24:11.280>number <00:24:11.340>11 00:24:11.570 --> 00:24:11.580 align:start position:0% is a petition from item number 11 00:24:11.580 --> 00:24:13.789 align:start position:0% is a petition from item number 11 petition<00:24:12.240>from <00:24:12.419>drock <00:24:12.840>energy <00:24:13.020>to <00:24:13.320>update <00:24:13.559>the 00:24:13.789 --> 00:24:13.799 align:start position:0% petition from drock energy to update the 00:24:13.799 --> 00:24:15.529 align:start position:0% petition from drock energy to update the board<00:24:14.039>on <00:24:14.640>the <00:24:14.760>status <00:24:14.940>of <00:24:15.179>petition 00:24:15.529 --> 00:24:15.539 align:start position:0% board on the status of petition 00:24:15.539 --> 00:24:17.930 align:start position:0% board on the status of petition application<00:24:16.380>for <00:24:16.740>an <00:24:16.860>existing <00:24:17.220>lower <00:24:17.460>Banner 00:24:17.930 --> 00:24:17.940 align:start position:0% application for an existing lower Banner 00:24:17.940 --> 00:24:19.490 align:start position:0% application for an existing lower Banner carbon<00:24:18.360>creative <00:24:18.659>with <00:24:18.900>Association <00:24:19.320>of 00:24:19.490 --> 00:24:19.500 align:start position:0% carbon creative with Association of 00:24:19.500 --> 00:24:22.010 align:start position:0% carbon creative with Association of deepmind<00:24:19.980>26. 00:24:22.010 --> 00:24:22.020 align:start position:0% deepmind 26. 00:24:22.020 --> 00:24:24.350 align:start position:0% deepmind 26. loans<00:24:22.679>you <00:24:22.860>may <00:24:23.039>pursue 00:24:24.350 --> 00:24:24.360 align:start position:0% loans you may pursue 00:24:24.360 --> 00:24:27.230 align:start position:0% loans you may pursue and<00:24:24.900>Mr <00:24:25.140>chair <00:24:25.380>what <00:24:25.799>uh <00:24:26.159>key <00:24:26.700>rock <00:24:26.940>is 00:24:27.230 --> 00:24:27.240 align:start position:0% and Mr chair what uh key rock is 00:24:27.240 --> 00:24:30.049 align:start position:0% and Mr chair what uh key rock is currently<00:24:27.480>in <00:24:27.720>the <00:24:28.080>uh <00:24:28.320>having <00:24:29.100>the <00:24:29.400>title <00:24:29.760>ran 00:24:30.049 --> 00:24:30.059 align:start position:0% currently in the uh having the title ran 00:24:30.059 --> 00:24:33.289 align:start position:0% currently in the uh having the title ran uh<00:24:30.720>on <00:24:30.960>that <00:24:31.200>property <00:24:31.860>there <00:24:32.100>has <00:24:32.340>uh <00:24:32.820>there 00:24:33.289 --> 00:24:33.299 align:start position:0% uh on that property there has uh there 00:24:33.299 --> 00:24:34.850 align:start position:0% uh on that property there has uh there are<00:24:33.419>numerous <00:24:33.780>numerous <00:24:34.200>tracks <00:24:34.559>that <00:24:34.679>have 00:24:34.850 --> 00:24:34.860 align:start position:0% are numerous numerous tracks that have 00:24:34.860 --> 00:24:36.289 align:start position:0% are numerous numerous tracks that have to<00:24:34.980>be <00:24:35.039>run <00:24:35.220>it's <00:24:35.460>my <00:24:35.640>understanding <00:24:36.059>that 00:24:36.289 --> 00:24:36.299 align:start position:0% to be run it's my understanding that 00:24:36.299 --> 00:24:38.570 align:start position:0% to be run it's my understanding that that<00:24:36.419>is <00:24:36.600>in <00:24:36.840>progress <00:24:37.260>and <00:24:37.679>that <00:24:38.039>key <00:24:38.340>Rock 00:24:38.570 --> 00:24:38.580 align:start position:0% that is in progress and that key Rock 00:24:38.580 --> 00:24:41.149 align:start position:0% that is in progress and that key Rock would<00:24:38.940>uh <00:24:39.299>request <00:24:39.960>uh <00:24:40.440>some <00:24:40.620>additional <00:24:40.919>time 00:24:41.149 --> 00:24:41.159 align:start position:0% would uh request uh some additional time 00:24:41.159 --> 00:24:43.490 align:start position:0% would uh request uh some additional time to<00:24:41.340>complete <00:24:41.760>that <00:24:41.880>title <00:24:42.299>work 00:24:43.490 --> 00:24:43.500 align:start position:0% to complete that title work 00:24:43.500 --> 00:24:46.570 align:start position:0% to complete that title work with<00:24:43.980>next <00:24:44.400>month <00:24:44.520>be <00:24:44.880>too <00:24:45.179>soon 00:24:46.570 --> 00:24:46.580 align:start position:0% with next month be too soon 00:24:46.580 --> 00:24:50.330 align:start position:0% with next month be too soon we<00:24:47.580>are <00:24:47.760>right <00:24:48.120>now <00:24:48.299>probably 00:24:50.330 --> 00:24:50.340 align:start position:0% we are right now probably 00:24:50.340 --> 00:24:53.570 align:start position:0% we are right now probably 15<00:24:51.059>to <00:24:51.419>20 <00:24:51.600>percent <00:24:51.900>complete <00:24:52.620>I <00:24:53.100>believe <00:24:53.220>we 00:24:53.570 --> 00:24:53.580 align:start position:0% 15 to 20 percent complete I believe we 00:24:53.580 --> 00:24:57.110 align:start position:0% 15 to 20 percent complete I believe we have<00:24:53.760>17 <00:24:54.360>tracks <00:24:55.080>in <00:24:55.200>total <00:24:55.500>to <00:24:55.620>cover 00:24:57.110 --> 00:24:57.120 align:start position:0% have 17 tracks in total to cover 00:24:57.120 --> 00:24:58.190 align:start position:0% have 17 tracks in total to cover um 00:24:58.190 --> 00:24:58.200 align:start position:0% um 00:24:58.200 --> 00:25:00.470 align:start position:0% um that's<00:24:58.799>very <00:24:58.980>difficult <00:24:59.280>to <00:24:59.520>say <00:24:59.700>I <00:25:00.059>I <00:25:00.240>would 00:25:00.470 --> 00:25:00.480 align:start position:0% that's very difficult to say I I would 00:25:00.480 --> 00:25:03.110 align:start position:0% that's very difficult to say I I would say<00:25:00.720>next <00:25:01.440>month <00:25:01.679>would <00:25:02.100>probably <00:25:02.340>be <00:25:02.760>too 00:25:03.110 --> 00:25:03.120 align:start position:0% say next month would probably be too 00:25:03.120 --> 00:25:03.950 align:start position:0% say next month would probably be too soon 00:25:03.950 --> 00:25:03.960 align:start position:0% soon 00:25:03.960 --> 00:25:07.310 align:start position:0% soon we'll<00:25:04.919>put <00:25:05.159>it <00:25:05.220>on <00:25:05.400>the <00:25:05.460>May <00:25:05.640>docket <00:25:06.539>we <00:25:07.080>can 00:25:07.310 --> 00:25:07.320 align:start position:0% we'll put it on the May docket we can 00:25:07.320 --> 00:25:08.630 align:start position:0% we'll put it on the May docket we can definitely<00:25:07.559>have <00:25:07.740>you <00:25:07.799>a <00:25:07.980>good <00:25:08.100>update <00:25:08.340>on <00:25:08.460>the 00:25:08.630 --> 00:25:08.640 align:start position:0% definitely have you a good update on the 00:25:08.640 --> 00:25:10.610 align:start position:0% definitely have you a good update on the main<00:25:08.700>docket <00:25:09.120>let's <00:25:09.360>let's <00:25:09.659>put <00:25:10.140>that <00:25:10.320>on <00:25:10.500>the 00:25:10.610 --> 00:25:10.620 align:start position:0% main docket let's let's put that on the 00:25:10.620 --> 00:25:12.830 align:start position:0% main docket let's let's put that on the May<00:25:10.799>docket <00:25:11.280>to <00:25:11.460>revisit 00:25:12.830 --> 00:25:12.840 align:start position:0% May docket to revisit 00:25:12.840 --> 00:25:15.169 align:start position:0% May docket to revisit anything<00:25:13.380>further <00:25:13.860>than <00:25:13.980>small <00:25:14.220>no <00:25:14.760>sir <00:25:15.000>I 00:25:15.169 --> 00:25:15.179 align:start position:0% anything further than small no sir I 00:25:15.179 --> 00:25:16.970 align:start position:0% anything further than small no sir I just<00:25:15.360>like <00:25:15.480>to <00:25:15.600>thank <00:25:15.780>you <00:25:15.960>Lord <00:25:16.200>uh <00:25:16.620>We've 00:25:16.970 --> 00:25:16.980 align:start position:0% just like to thank you Lord uh We've 00:25:16.980 --> 00:25:18.350 align:start position:0% just like to thank you Lord uh We've it's<00:25:17.100>been <00:25:17.340>a <00:25:17.580>it's <00:25:17.760>been <00:25:17.880>an <00:25:18.059>interesting 00:25:18.350 --> 00:25:18.360 align:start position:0% it's been a it's been an interesting 00:25:18.360 --> 00:25:21.169 align:start position:0% it's been a it's been an interesting month<00:25:18.659>uh <00:25:19.320>dealing <00:25:19.740>with <00:25:20.640>the <00:25:20.820>proposed 00:25:21.169 --> 00:25:21.179 align:start position:0% month uh dealing with the proposed 00:25:21.179 --> 00:25:23.690 align:start position:0% month uh dealing with the proposed orders<00:25:21.480>and <00:25:21.720>we <00:25:21.900>we <00:25:22.200>appreciate <00:25:22.919>the <00:25:23.280>sports 00:25:23.690 --> 00:25:23.700 align:start position:0% orders and we we appreciate the sports 00:25:23.700 --> 00:25:25.310 align:start position:0% orders and we we appreciate the sports Indulgence<00:25:24.240>especially <00:25:24.779>of <00:25:24.840>health <00:25:25.020>staff 00:25:25.310 --> 00:25:25.320 align:start position:0% Indulgence especially of health staff 00:25:25.320 --> 00:25:27.649 align:start position:0% Indulgence especially of health staff thank<00:25:25.799>you <00:25:25.919>we <00:25:26.159>have <00:25:26.340>one <00:25:26.460>question <00:25:26.760>chance 00:25:27.649 --> 00:25:27.659 align:start position:0% thank you we have one question chance 00:25:27.659 --> 00:25:30.950 align:start position:0% thank you we have one question chance the<00:25:28.559>uh <00:25:28.799>the <00:25:29.279>current <00:25:29.360>operation <00:25:30.360>associated 00:25:30.950 --> 00:25:30.960 align:start position:0% the uh the current operation associated 00:25:30.960 --> 00:25:33.049 align:start position:0% the uh the current operation associated with<00:25:31.200>that <00:25:31.380>lower <00:25:31.860>Banner <00:25:32.340>mine <00:25:32.700>over <00:25:32.880>there 00:25:33.049 --> 00:25:33.059 align:start position:0% with that lower Banner mine over there 00:25:33.059 --> 00:25:34.909 align:start position:0% with that lower Banner mine over there is<00:25:33.240>it <00:25:33.659>still <00:25:33.779>in <00:25:33.960>active <00:25:34.380>production <00:25:34.620>right 00:25:34.909 --> 00:25:34.919 align:start position:0% is it still in active production right 00:25:34.919 --> 00:25:38.630 align:start position:0% is it still in active production right now<00:25:35.580>I <00:25:36.120>believe <00:25:36.299>so <00:25:36.539>it <00:25:37.380>it's <00:25:37.919>that <00:25:38.400>mind 00:25:38.630 --> 00:25:38.640 align:start position:0% now I believe so it it's that mind 00:25:38.640 --> 00:25:41.149 align:start position:0% now I believe so it it's that mind cycles<00:25:39.240>uh <00:25:39.659>it'll <00:25:39.960>go <00:25:40.140>through 00:25:41.149 --> 00:25:41.159 align:start position:0% cycles uh it'll go through 00:25:41.159 --> 00:25:43.549 align:start position:0% cycles uh it'll go through four<00:25:41.700>or <00:25:41.820>five <00:25:42.000>months <00:25:42.360>of <00:25:42.600>production <00:25:43.020>and 00:25:43.549 --> 00:25:43.559 align:start position:0% four or five months of production and 00:25:43.559 --> 00:25:46.610 align:start position:0% four or five months of production and then<00:25:43.740>the <00:25:44.340>gas <00:25:44.700>methane <00:25:45.600>concentration <00:25:46.200>and 00:25:46.610 --> 00:25:46.620 align:start position:0% then the gas methane concentration and 00:25:46.620 --> 00:25:48.470 align:start position:0% then the gas methane concentration and the<00:25:46.799>flow <00:25:47.100>will <00:25:47.460>will <00:25:47.640>drop <00:25:47.940>and <00:25:48.179>we'll <00:25:48.299>turn 00:25:48.470 --> 00:25:48.480 align:start position:0% the flow will will drop and we'll turn 00:25:48.480 --> 00:25:49.789 align:start position:0% the flow will will drop and we'll turn it<00:25:48.600>off <00:25:48.720>for <00:25:48.900>a <00:25:49.020>few <00:25:49.140>months <00:25:49.320>and <00:25:49.440>then <00:25:49.559>it <00:25:49.679>will 00:25:49.789 --> 00:25:49.799 align:start position:0% it off for a few months and then it will 00:25:49.799 --> 00:25:52.549 align:start position:0% it off for a few months and then it will come<00:25:49.919>back <00:25:50.039>it's <00:25:50.220>very <00:25:50.460>cyclical <00:25:51.200>but <00:25:52.200>it 00:25:52.549 --> 00:25:52.559 align:start position:0% come back it's very cyclical but it 00:25:52.559 --> 00:25:54.409 align:start position:0% come back it's very cyclical but it tends<00:25:52.919>to <00:25:53.039>run 00:25:54.409 --> 00:25:54.419 align:start position:0% tends to run 00:25:54.419 --> 00:25:57.590 align:start position:0% tends to run say<00:25:54.960>between <00:25:55.260>March <00:25:55.860>and <00:25:55.980>August <00:25:56.460>is <00:25:56.760>this <00:25:57.059>for 00:25:57.590 --> 00:25:57.600 align:start position:0% say between March and August is this for 00:25:57.600 --> 00:25:59.149 align:start position:0% say between March and August is this for whatever<00:25:57.779>reason <00:25:58.080>the <00:25:58.380>mines <00:25:58.559>preferred <00:25:58.980>time 00:25:59.149 --> 00:25:59.159 align:start position:0% whatever reason the mines preferred time 00:25:59.159 --> 00:26:01.130 align:start position:0% whatever reason the mines preferred time to<00:25:59.400>outgas 00:26:01.130 --> 00:26:01.140 align:start position:0% to outgas 00:26:01.140 --> 00:26:04.370 align:start position:0% to outgas does<00:26:01.799>the <00:26:02.100>staff <00:26:02.700>have <00:26:03.480>an <00:26:03.659>opinion <00:26:03.960>as <00:26:04.140>to 00:26:04.370 --> 00:26:04.380 align:start position:0% does the staff have an opinion as to 00:26:04.380 --> 00:26:05.269 align:start position:0% does the staff have an opinion as to whether 00:26:05.269 --> 00:26:05.279 align:start position:0% whether 00:26:05.279 --> 00:26:07.190 align:start position:0% whether this<00:26:05.880>operation <00:26:06.360>should <00:26:06.600>be <00:26:06.779>allowed <00:26:07.020>to 00:26:07.190 --> 00:26:07.200 align:start position:0% this operation should be allowed to 00:26:07.200 --> 00:26:09.049 align:start position:0% this operation should be allowed to continue<00:26:07.440>actively <00:26:08.220>until <00:26:08.520>they <00:26:08.940>have 00:26:09.049 --> 00:26:09.059 align:start position:0% continue actively until they have 00:26:09.059 --> 00:26:10.610 align:start position:0% continue actively until they have received<00:26:09.480>a <00:26:09.600>permit <00:26:09.960>and <00:26:10.140>a <00:26:10.260>board <00:26:10.380>order 00:26:10.610 --> 00:26:10.620 align:start position:0% received a permit and a board order 00:26:10.620 --> 00:26:13.010 align:start position:0% received a permit and a board order through<00:26:11.039>this <00:26:11.340>body <00:26:11.580>here <00:26:11.880>should <00:26:12.720>they <00:26:12.900>be 00:26:13.010 --> 00:26:13.020 align:start position:0% through this body here should they be 00:26:13.020 --> 00:26:20.049 align:start position:0% through this body here should they be setting<00:26:13.320>that <00:26:13.440>in <00:26:13.620>until <00:26:13.799>such <00:26:14.340>time 00:26:20.049 --> 00:26:20.059 align:start position:0% 00:26:20.059 --> 00:26:22.909 align:start position:0% and<00:26:21.059>it's <00:26:21.360>been <00:26:21.659>in <00:26:21.900>existence <00:26:22.380>so <00:26:22.679>you <00:26:22.860>know 00:26:22.909 --> 00:26:22.919 align:start position:0% and it's been in existence so you know 00:26:22.919 --> 00:26:25.070 align:start position:0% and it's been in existence so you know at<00:26:23.100>this <00:26:23.279>point <00:26:23.460>duplicated <00:26:24.120>permitted <00:26:24.779>that 00:26:25.070 --> 00:26:25.080 align:start position:0% at this point duplicated permitted that 00:26:25.080 --> 00:26:27.529 align:start position:0% at this point duplicated permitted that should<00:26:25.260>satisfy <00:26:25.860>you <00:26:26.820>know <00:26:26.880>Fair 00:26:27.529 --> 00:26:27.539 align:start position:0% should satisfy you know Fair 00:26:27.539 --> 00:26:29.570 align:start position:0% should satisfy you know Fair requirements 00:26:29.570 --> 00:26:29.580 align:start position:0% requirements 00:26:29.580 --> 00:26:32.330 align:start position:0% requirements then<00:26:30.059>prior <00:26:30.480>to <00:26:30.659>all <00:26:31.020>of <00:26:31.200>this <00:26:31.380>so <00:26:31.740>we're 00:26:32.330 --> 00:26:32.340 align:start position:0% then prior to all of this so we're 00:26:32.340 --> 00:26:34.130 align:start position:0% then prior to all of this so we're bringing<00:26:32.760>it <00:26:32.940>in 00:26:34.130 --> 00:26:34.140 align:start position:0% bringing it in 00:26:34.140 --> 00:26:36.409 align:start position:0% bringing it in the<00:26:34.740>same <00:26:34.980>manners <00:26:35.400>the <00:26:35.580>other <00:26:35.700>so <00:26:35.940>that <00:26:36.240>it's 00:26:36.409 --> 00:26:36.419 align:start position:0% the same manners the other so that it's 00:26:36.419 --> 00:26:39.169 align:start position:0% the same manners the other so that it's you<00:26:36.659>know <00:26:36.779>under <00:26:36.900>the <00:26:37.140>board <00:26:37.260>of <00:26:37.799>jurisdiction 00:26:39.169 --> 00:26:39.179 align:start position:0% you know under the board of jurisdiction 00:26:39.179 --> 00:26:41.149 align:start position:0% you know under the board of jurisdiction so<00:26:39.600>we <00:26:39.840>don't <00:26:40.020>have <00:26:40.200>a <00:26:40.380>problem <00:26:40.500>with <00:26:40.740>it <00:26:40.860>you 00:26:41.149 --> 00:26:41.159 align:start position:0% so we don't have a problem with it you 00:26:41.159 --> 00:26:43.450 align:start position:0% so we don't have a problem with it you know<00:26:41.340>operating <00:26:41.880>can <00:26:42.179>we <00:26:42.360>get <00:26:42.480>this <00:26:42.659>done 00:26:43.450 --> 00:26:43.460 align:start position:0% know operating can we get this done 00:26:43.460 --> 00:26:46.610 align:start position:0% know operating can we get this done okay<00:26:44.460>the <00:26:45.059>discussion <00:26:45.539>with <00:26:45.659>folks <00:26:46.140>that <00:26:46.320>you 00:26:46.610 --> 00:26:46.620 align:start position:0% okay the discussion with folks that you 00:26:46.620 --> 00:26:49.610 align:start position:0% okay the discussion with folks that you know<00:26:46.740>drock <00:26:47.640>any <00:26:48.240>other <00:26:48.539>questions 00:26:49.610 --> 00:26:49.620 align:start position:0% know drock any other questions 00:26:49.620 --> 00:26:52.909 align:start position:0% know drock any other questions chairman 00:26:52.909 --> 00:26:52.919 align:start position:0% 00:26:52.919 --> 00:26:54.470 align:start position:0% okay 00:26:54.470 --> 00:26:54.480 align:start position:0% okay 00:26:54.480 --> 00:26:57.830 align:start position:0% okay what<00:26:55.080>what <00:26:55.080>effect <00:26:55.799>I <00:26:56.220>mean <00:26:56.580>about <00:26:56.880>six <00:26:57.600>eight 00:26:57.830 --> 00:26:57.840 align:start position:0% what what effect I mean about six eight 00:26:57.840 --> 00:27:02.390 align:start position:0% what what effect I mean about six eight years<00:26:58.080>ago 00:27:02.390 --> 00:27:02.400 align:start position:0% 00:27:02.400 --> 00:27:06.350 align:start position:0% in<00:27:03.179>uh <00:27:03.480>around <00:27:03.960>the <00:27:04.320>Washington <00:27:04.559>DC <00:27:05.340>area 00:27:06.350 --> 00:27:06.360 align:start position:0% in uh around the Washington DC area 00:27:06.360 --> 00:27:08.450 align:start position:0% in uh around the Washington DC area and<00:27:06.840>I <00:27:06.960>was <00:27:07.140>living <00:27:07.260>in <00:27:07.559>Abingdon <00:27:08.100>at <00:27:08.340>that 00:27:08.450 --> 00:27:08.460 align:start position:0% and I was living in Abingdon at that 00:27:08.460 --> 00:27:11.630 align:start position:0% and I was living in Abingdon at that time<00:27:08.640>and <00:27:08.940>I <00:27:09.120>felt <00:27:09.480>that <00:27:09.600>earthquake 00:27:11.630 --> 00:27:11.640 align:start position:0% time and I felt that earthquake 00:27:11.640 --> 00:27:14.269 align:start position:0% time and I felt that earthquake that<00:27:12.059>would <00:27:12.419>an <00:27:12.600>earthquake <00:27:13.140>have <00:27:13.620>an <00:27:14.100>effect 00:27:14.269 --> 00:27:14.279 align:start position:0% that would an earthquake have an effect 00:27:14.279 --> 00:27:16.669 align:start position:0% that would an earthquake have an effect on<00:27:14.820>an <00:27:15.000>abandoned <00:27:15.659>mine 00:27:16.669 --> 00:27:16.679 align:start position:0% on an abandoned mine 00:27:16.679 --> 00:27:18.890 align:start position:0% on an abandoned mine I<00:27:17.159>mean <00:27:17.279>would <00:27:17.520>it <00:27:17.700>increase <00:27:18.000>the <00:27:18.419>gas <00:27:18.600>or 00:27:18.890 --> 00:27:18.900 align:start position:0% I mean would it increase the gas or 00:27:18.900 --> 00:27:20.990 align:start position:0% I mean would it increase the gas or would<00:27:19.080>it <00:27:19.260>decrease <00:27:19.500>the <00:27:19.919>gas <00:27:20.100>or <00:27:20.700>would <00:27:20.820>it 00:27:20.990 --> 00:27:21.000 align:start position:0% would it decrease the gas or would it 00:27:21.000 --> 00:27:24.950 align:start position:0% would it decrease the gas or would it have<00:27:21.179>to <00:27:21.360>be <00:27:21.860>looked <00:27:22.860>at <00:27:22.980>again 00:27:24.950 --> 00:27:24.960 align:start position:0% have to be looked at again 00:27:24.960 --> 00:27:26.630 align:start position:0% have to be looked at again in<00:27:25.620>the <00:27:25.740>event <00:27:25.860>something <00:27:26.159>like <00:27:26.460>this 00:27:26.630 --> 00:27:26.640 align:start position:0% in the event something like this 00:27:26.640 --> 00:27:32.090 align:start position:0% in the event something like this occurred<00:27:27.179>again 00:27:32.090 --> 00:27:32.100 align:start position:0% 00:27:32.100 --> 00:27:33.710 align:start position:0% I<00:27:32.700>don't <00:27:32.820>know 00:27:33.710 --> 00:27:33.720 align:start position:0% I don't know 00:27:33.720 --> 00:27:35.149 align:start position:0% I don't know um 00:27:35.149 --> 00:27:35.159 align:start position:0% um 00:27:35.159 --> 00:27:38.810 align:start position:0% um I<00:27:35.820>can <00:27:36.000>say <00:27:36.419>that <00:27:37.200>I <00:27:37.620>personally <00:27:38.100>think <00:27:38.400>that <00:27:38.700>a 00:27:38.810 --> 00:27:38.820 align:start position:0% I can say that I personally think that a 00:27:38.820 --> 00:27:40.610 align:start position:0% I can say that I personally think that a lot<00:27:38.940>of <00:27:39.059>the <00:27:39.179>gas <00:27:39.360>we <00:27:39.720>receive <00:27:40.080>out <00:27:40.320>of <00:27:40.500>this 00:27:40.610 --> 00:27:40.620 align:start position:0% lot of the gas we receive out of this 00:27:40.620 --> 00:27:43.010 align:start position:0% lot of the gas we receive out of this mine<00:27:40.860>is <00:27:41.039>coming <00:27:41.220>off <00:27:41.460>a <00:27:41.640>fault <00:27:41.820>line 00:27:43.010 --> 00:27:43.020 align:start position:0% mine is coming off a fault line 00:27:43.020 --> 00:27:45.169 align:start position:0% mine is coming off a fault line and<00:27:43.799>I <00:27:43.980>think <00:27:44.100>that <00:27:44.400>contributes <00:27:44.880>to <00:27:45.059>the 00:27:45.169 --> 00:27:45.179 align:start position:0% and I think that contributes to the 00:27:45.179 --> 00:27:47.930 align:start position:0% and I think that contributes to the cyclical<00:27:45.600>nature <00:27:46.620>I <00:27:47.100>don't <00:27:47.220>know <00:27:47.340>how <00:27:47.700>an 00:27:47.930 --> 00:27:47.940 align:start position:0% cyclical nature I don't know how an 00:27:47.940 --> 00:27:51.230 align:start position:0% cyclical nature I don't know how an earthquake<00:27:48.360>would <00:27:48.600>affect <00:27:48.900>the <00:27:49.140>production 00:27:51.230 --> 00:27:51.240 align:start position:0% earthquake would affect the production 00:27:51.240 --> 00:27:54.110 align:start position:0% earthquake would affect the production I<00:27:51.720>could <00:27:51.840>say <00:27:52.320>I <00:27:52.500>hope <00:27:52.799>it <00:27:53.039>increased <00:27:53.400>it 00:27:54.110 --> 00:27:54.120 align:start position:0% I could say I hope it increased it 00:27:54.120 --> 00:27:56.450 align:start position:0% I could say I hope it increased it earthquake<00:27:54.659>that <00:27:54.900>I'm <00:27:55.080>talking <00:27:55.320>about 00:27:56.450 --> 00:27:56.460 align:start position:0% earthquake that I'm talking about 00:27:56.460 --> 00:27:58.690 align:start position:0% earthquake that I'm talking about it<00:27:57.120>affected <00:27:57.539>the <00:27:57.840>whole 00:27:58.690 --> 00:27:58.700 align:start position:0% it affected the whole 00:27:58.700 --> 00:28:02.990 align:start position:0% it affected the whole coal<00:27:59.700>area <00:27:59.880>in <00:28:00.419>Western <00:28:00.659>Virginia 00:28:02.990 --> 00:28:03.000 align:start position:0% coal area in Western Virginia 00:28:03.000 --> 00:28:06.590 align:start position:0% coal area in Western Virginia and<00:28:03.980>then <00:28:04.980>and <00:28:05.340>what <00:28:05.520>I'm <00:28:05.700>what <00:28:06.179>I'm <00:28:06.299>wondering 00:28:06.590 --> 00:28:06.600 align:start position:0% and then and what I'm what I'm wondering 00:28:06.600 --> 00:28:09.409 align:start position:0% and then and what I'm what I'm wondering about<00:28:06.840>is <00:28:07.260>what <00:28:08.039>effect <00:28:08.279>is <00:28:08.580>an <00:28:08.820>earthquake <00:28:09.179>I 00:28:09.409 --> 00:28:09.419 align:start position:0% about is what effect is an earthquake I 00:28:09.419 --> 00:28:12.169 align:start position:0% about is what effect is an earthquake I mean<00:28:09.539>I <00:28:09.779>realize <00:28:10.200>that <00:28:10.760>uh <00:28:11.760>you <00:28:12.000>know <00:28:12.059>if 00:28:12.169 --> 00:28:12.179 align:start position:0% mean I realize that uh you know if 00:28:12.179 --> 00:28:14.510 align:start position:0% mean I realize that uh you know if you've<00:28:12.480>got <00:28:12.659>a <00:28:12.900>seven <00:28:13.080>or <00:28:13.380>an <00:28:13.559>eight <00:28:14.220>uh 00:28:14.510 --> 00:28:14.520 align:start position:0% you've got a seven or an eight uh 00:28:14.520 --> 00:28:17.510 align:start position:0% you've got a seven or an eight uh earthquake<00:28:15.559>you've <00:28:16.559>got <00:28:16.679>something <00:28:16.980>pretty 00:28:17.510 --> 00:28:17.520 align:start position:0% earthquake you've got something pretty 00:28:17.520 --> 00:28:19.250 align:start position:0% earthquake you've got something pretty large<00:28:17.820>on <00:28:18.120>your <00:28:18.360>hands 00:28:19.250 --> 00:28:19.260 align:start position:0% large on your hands 00:28:19.260 --> 00:28:21.470 align:start position:0% large on your hands but<00:28:19.860>uh <00:28:20.100>you <00:28:20.520>know <00:28:20.580>and <00:28:20.700>maybe <00:28:20.880>a <00:28:21.179>minor 00:28:21.470 --> 00:28:21.480 align:start position:0% but uh you know and maybe a minor 00:28:21.480 --> 00:28:24.289 align:start position:0% but uh you know and maybe a minor earthquake<00:28:21.840>wouldn't <00:28:22.140>affect <00:28:22.559>this <00:28:23.000>but <00:28:24.000>what 00:28:24.289 --> 00:28:24.299 align:start position:0% earthquake wouldn't affect this but what 00:28:24.299 --> 00:28:26.029 align:start position:0% earthquake wouldn't affect this but what would<00:28:24.600>happen <00:28:24.779>if <00:28:25.020>you <00:28:25.200>did <00:28:25.380>have <00:28:25.620>a <00:28:25.799>major 00:28:26.029 --> 00:28:26.039 align:start position:0% would happen if you did have a major 00:28:26.039 --> 00:28:29.510 align:start position:0% would happen if you did have a major earthquake<00:28:26.700>I <00:28:27.539>mean <00:28:27.720>the <00:28:28.559>one <00:28:28.679>we <00:28:28.860>had <00:28:29.100>six 00:28:29.510 --> 00:28:29.520 align:start position:0% earthquake I mean the one we had six 00:28:29.520 --> 00:28:30.950 align:start position:0% earthquake I mean the one we had six eight<00:28:29.760>years <00:28:30.000>ago 00:28:30.950 --> 00:28:30.960 align:start position:0% eight years ago 00:28:30.960 --> 00:28:34.190 align:start position:0% eight years ago at<00:28:31.679>least <00:28:31.799>where <00:28:32.159>he's <00:28:32.400>had <00:28:33.000>Tremors <00:28:33.539>in <00:28:34.020>our 00:28:34.190 --> 00:28:34.200 align:start position:0% at least where he's had Tremors in our 00:28:34.200 --> 00:28:36.470 align:start position:0% at least where he's had Tremors in our area<00:28:34.500>in <00:28:35.039>the <00:28:35.159>coal <00:28:35.520>area 00:28:36.470 --> 00:28:36.480 align:start position:0% area in the coal area 00:28:36.480 --> 00:28:39.470 align:start position:0% area in the coal area and<00:28:36.900>I'm <00:28:37.080>just <00:28:37.260>wondering <00:28:37.740>do 00:28:39.470 --> 00:28:39.480 align:start position:0% and I'm just wondering do 00:28:39.480 --> 00:28:41.630 align:start position:0% and I'm just wondering do or<00:28:39.960>what <00:28:40.200>effect <00:28:40.320>does <00:28:40.679>an <00:28:40.919>earthquake <00:28:41.340>have 00:28:41.630 --> 00:28:41.640 align:start position:0% or what effect does an earthquake have 00:28:41.640 --> 00:28:43.010 align:start position:0% or what effect does an earthquake have on 00:28:43.010 --> 00:28:43.020 align:start position:0% on 00:28:43.020 --> 00:28:45.289 align:start position:0% on your<00:28:43.500>production <00:28:43.919>does <00:28:44.279>it <00:28:44.460>increase <00:28:44.760>it <00:28:45.120>or 00:28:45.289 --> 00:28:45.299 align:start position:0% your production does it increase it or 00:28:45.299 --> 00:28:47.810 align:start position:0% your production does it increase it or decrease<00:28:45.900>it <00:28:46.260>I <00:28:46.860>don't <00:28:47.100>know <00:28:47.220>if <00:28:47.340>we've <00:28:47.640>ever 00:28:47.810 --> 00:28:47.820 align:start position:0% decrease it I don't know if we've ever 00:28:47.820 --> 00:28:52.070 align:start position:0% decrease it I don't know if we've ever seen<00:28:48.419>an <00:28:49.320>increase <00:28:49.500>or <00:28:49.860>decrease <00:28:50.600>due <00:28:51.600>to <00:28:51.840>an 00:28:52.070 --> 00:28:52.080 align:start position:0% seen an increase or decrease due to an 00:28:52.080 --> 00:28:54.590 align:start position:0% seen an increase or decrease due to an earthquake<00:28:52.500>but <00:28:52.919>if <00:28:53.460>there <00:28:53.820>were <00:28:53.940>pillared 00:28:54.590 --> 00:28:54.600 align:start position:0% earthquake but if there were pillared 00:28:54.600 --> 00:28:56.510 align:start position:0% earthquake but if there were pillared areas<00:28:54.840>in <00:28:55.020>the <00:28:55.200>mind <00:28:55.320>that <00:28:55.620>had <00:28:55.799>not <00:28:55.919>collapsed 00:28:56.510 --> 00:28:56.520 align:start position:0% areas in the mind that had not collapsed 00:28:56.520 --> 00:28:58.430 align:start position:0% areas in the mind that had not collapsed yet<00:28:56.760>I <00:28:57.240>would <00:28:57.360>assume <00:28:57.720>that <00:28:57.960>an <00:28:58.080>earthquake 00:28:58.430 --> 00:28:58.440 align:start position:0% yet I would assume that an earthquake 00:28:58.440 --> 00:29:00.409 align:start position:0% yet I would assume that an earthquake had<00:28:58.679>caused <00:28:59.100>a <00:28:59.159>collapse <00:28:59.640>and <00:29:00.000>then <00:29:00.120>I <00:29:00.299>would 00:29:00.409 --> 00:29:00.419 align:start position:0% had caused a collapse and then I would 00:29:00.419 --> 00:29:02.029 align:start position:0% had caused a collapse and then I would follow<00:29:00.600>that <00:29:00.960>and <00:29:01.200>say <00:29:01.440>that <00:29:01.620>that <00:29:01.799>would 00:29:02.029 --> 00:29:02.039 align:start position:0% follow that and say that that would 00:29:02.039 --> 00:29:04.310 align:start position:0% follow that and say that that would probably<00:29:02.279>hurt <00:29:02.640>our <00:29:02.940>Productions 00:29:04.310 --> 00:29:04.320 align:start position:0% probably hurt our Productions 00:29:04.320 --> 00:29:08.450 align:start position:0% probably hurt our Productions although<00:29:05.039>I'm <00:29:05.220>not <00:29:05.460>sure <00:29:05.760>if <00:29:06.419>if <00:29:06.559>it <00:29:07.559>depend <00:29:07.740>on 00:29:08.450 --> 00:29:08.460 align:start position:0% although I'm not sure if if it depend on 00:29:08.460 --> 00:29:10.070 align:start position:0% although I'm not sure if if it depend on in<00:29:08.820>depth <00:29:09.000>you <00:29:09.059>know 00:29:10.070 --> 00:29:10.080 align:start position:0% in depth you know 00:29:10.080 --> 00:29:11.269 align:start position:0% in depth you know you know<00:29:10.200>barrier 00:29:11.269 --> 00:29:11.279 align:start position:0% you know barrier 00:29:11.279 --> 00:29:15.130 align:start position:0% you know barrier yep 00:29:15.130 --> 00:29:15.140 align:start position:0% 00:29:15.140 --> 00:29:17.390 align:start position:0% thank<00:29:16.140>you <00:29:16.320>any <00:29:16.440>other <00:29:16.620>questions <00:29:16.919>Mr 00:29:17.390 --> 00:29:17.400 align:start position:0% thank you any other questions Mr 00:29:17.400 --> 00:29:19.070 align:start position:0% thank you any other questions Mr chairman<00:29:17.880>could <00:29:18.059>I <00:29:18.240>say <00:29:18.360>something <00:29:18.659>you 00:29:19.070 --> 00:29:19.080 align:start position:0% chairman could I say something you 00:29:19.080 --> 00:29:20.990 align:start position:0% chairman could I say something you haven't<00:29:19.260>worked <00:29:19.559>with <00:29:19.740>our <00:29:20.159>department <00:29:20.640>of 00:29:20.990 --> 00:29:21.000 align:start position:0% haven't worked with our department of 00:29:21.000 --> 00:29:24.409 align:start position:0% haven't worked with our department of geologists<00:29:21.720>and <00:29:22.320>art <00:29:22.980>enrichment <00:29:23.700>or 00:29:24.409 --> 00:29:24.419 align:start position:0% geologists and art enrichment or 00:29:24.419 --> 00:29:26.690 align:start position:0% geologists and art enrichment or Charlottesville<00:29:25.159>one <00:29:26.159>of <00:29:26.279>the <00:29:26.340>things <00:29:26.399>about 00:29:26.690 --> 00:29:26.700 align:start position:0% Charlottesville one of the things about 00:29:26.700 --> 00:29:28.610 align:start position:0% Charlottesville one of the things about an<00:29:26.940>earthquake <00:29:27.360>it's <00:29:27.600>a <00:29:27.779>surface <00:29:28.140>phenomena 00:29:28.610 --> 00:29:28.620 align:start position:0% an earthquake it's a surface phenomena 00:29:28.620 --> 00:29:30.350 align:start position:0% an earthquake it's a surface phenomena you<00:29:28.860>don't <00:29:29.039>actually 00:29:30.350 --> 00:29:30.360 align:start position:0% you don't actually 00:29:30.360 --> 00:29:33.830 align:start position:0% you don't actually have<00:29:30.840>the <00:29:31.140>movement <00:29:31.760>underground <00:29:32.760>it <00:29:33.659>doesn't 00:29:33.830 --> 00:29:33.840 align:start position:0% have the movement underground it doesn't 00:29:33.840 --> 00:29:36.049 align:start position:0% have the movement underground it doesn't generally<00:29:34.260>affect <00:29:34.620>the <00:29:34.919>mind <00:29:35.340>it <00:29:35.580>affects <00:29:35.940>the 00:29:36.049 --> 00:29:36.059 align:start position:0% generally affect the mind it affects the 00:29:36.059 --> 00:29:38.750 align:start position:0% generally affect the mind it affects the surface<00:29:36.480>surface <00:29:37.440>movement 00:29:38.750 --> 00:29:38.760 align:start position:0% surface surface movement 00:29:38.760 --> 00:29:40.430 align:start position:0% surface surface movement right<00:29:39.240>so <00:29:39.539>that's <00:29:39.899>that's <00:29:40.140>the 00:29:40.430 --> 00:29:40.440 align:start position:0% right so that's that's the 00:29:40.440 --> 00:29:41.870 align:start position:0% right so that's that's the interpretation<00:29:40.980>I've <00:29:41.279>gotten <00:29:41.580>for <00:29:41.700>my 00:29:41.870 --> 00:29:41.880 align:start position:0% interpretation I've gotten for my 00:29:41.880 --> 00:29:43.669 align:start position:0% interpretation I've gotten for my geology<00:29:42.299>people <00:29:42.659>I <00:29:43.020>have <00:29:43.140>questions <00:29:43.320>been 00:29:43.669 --> 00:29:43.679 align:start position:0% geology people I have questions been 00:29:43.679 --> 00:29:46.370 align:start position:0% geology people I have questions been asked<00:29:44.039>before 00:29:46.370 --> 00:29:46.380 align:start position:0% 00:29:46.380 --> 00:29:47.810 align:start position:0% thank<00:29:46.860>you <00:29:46.919>any <00:29:47.100>other <00:29:47.279>questions <00:29:47.520>you're 00:29:47.810 --> 00:29:47.820 align:start position:0% thank you any other questions you're 00:29:47.820 --> 00:29:50.269 align:start position:0% thank you any other questions you're coming 00:29:50.269 --> 00:29:50.279 align:start position:0% 00:29:50.279 --> 00:29:53.090 align:start position:0% Skillman 00:29:53.090 --> 00:29:53.100 align:start position:0% 00:29:53.100 --> 00:29:57.909 align:start position:0% pull<00:29:53.640>the <00:29:53.880>board <00:29:54.059>please 00:29:57.909 --> 00:29:57.919 align:start position:0% 00:29:57.919 --> 00:30:00.529 align:start position:0% we<00:29:58.919>just <00:29:59.100>we're <00:29:59.460>moving <00:29:59.760>into <00:29:59.880>the <00:30:00.120>made.com 00:30:00.529 --> 00:30:00.539 align:start position:0% we just we're moving into the made.com 00:30:00.539 --> 00:30:05.289 align:start position:0% we just we're moving into the made.com oh<00:30:00.779>okay <00:30:01.020>yes <00:30:01.320>I <00:30:01.559>approve <00:30:01.980>that <00:30:02.220>move 00:30:05.289 --> 00:30:05.299 align:start position:0% 00:30:05.299 --> 00:30:09.769 align:start position:0% I<00:30:06.299>understand <00:30:06.419>Mr <00:30:07.380>Jensen <00:30:07.980>yes <00:30:08.520>Mrs <00:30:09.299>Surratt 00:30:09.769 --> 00:30:09.779 align:start position:0% I understand Mr Jensen yes Mrs Surratt 00:30:09.779 --> 00:30:12.289 align:start position:0% I understand Mr Jensen yes Mrs Surratt yes<00:30:10.320>Mr <00:30:10.799>Craig 00:30:12.289 --> 00:30:12.299 align:start position:0% yes Mr Craig 00:30:12.299 --> 00:30:13.909 align:start position:0% yes Mr Craig yes 00:30:13.909 --> 00:30:13.919 align:start position:0% yes 00:30:13.919 --> 00:30:16.669 align:start position:0% yes thank<00:30:14.520>you <00:30:14.960>that's <00:30:15.960>been <00:30:16.200>moved <00:30:16.380>to <00:30:16.500>the <00:30:16.620>May 00:30:16.669 --> 00:30:16.679 align:start position:0% thank you that's been moved to the May 00:30:16.679 --> 00:30:18.889 align:start position:0% thank you that's been moved to the May docket<00:30:17.220>thank <00:30:17.700>you <00:30:17.880>thank <00:30:18.000>you <00:30:18.120>thank <00:30:18.600>you <00:30:18.720>for 00:30:18.889 --> 00:30:18.899 align:start position:0% docket thank you thank you thank you for 00:30:18.899 --> 00:30:22.870 align:start position:0% docket thank you thank you thank you for accommodating<00:30:19.320>my <00:30:19.500>schedule <00:30:19.620>thank <00:30:20.039>you 00:30:22.870 --> 00:30:22.880 align:start position:0% 00:30:22.880 --> 00:30:25.549 align:start position:0% we<00:30:23.880>have <00:30:24.120>item <00:30:24.720>number <00:30:24.840>three <00:30:25.080>a <00:30:25.320>petition 00:30:25.549 --> 00:30:25.559 align:start position:0% we have item number three a petition 00:30:25.559 --> 00:30:28.789 align:start position:0% we have item number three a petition from<00:30:25.799>Pocahontas <00:30:26.520>gas <00:30:26.700>LLC <00:30:27.600>rep <00:30:28.380>pooling 00:30:28.789 --> 00:30:28.799 align:start position:0% from Pocahontas gas LLC rep pooling 00:30:28.799 --> 00:30:31.010 align:start position:0% from Pocahontas gas LLC rep pooling under<00:30:28.919>the <00:30:29.100>Oakwood <00:30:29.399>kobed <00:30:29.880>bed <00:30:30.120>thing <00:30:30.360>gas 00:30:31.010 --> 00:30:31.020 align:start position:0% under the Oakwood kobed bed thing gas 00:30:31.020 --> 00:30:32.570 align:start position:0% under the Oakwood kobed bed thing gas Fields<00:30:31.440>number <00:30:31.620>one <00:30:31.799>and <00:30:32.039>two <00:30:32.220>to <00:30:32.399>address 00:30:32.570 --> 00:30:32.580 align:start position:0% Fields number one and two to address 00:30:32.580 --> 00:30:35.750 align:start position:0% Fields number one and two to address mapping<00:30:33.179>updates <00:30:33.539>and <00:30:33.779>update <00:30:34.140>track <00:30:34.380>acreage 00:30:35.750 --> 00:30:35.760 align:start position:0% mapping updates and update track acreage 00:30:35.760 --> 00:30:39.529 align:start position:0% mapping updates and update track acreage this<00:30:36.240>is <00:30:36.419>unit <00:30:36.659>y33 <00:30:37.559>docket <00:30:38.039>number <00:30:38.220>vog 00:30:39.529 --> 00:30:39.539 align:start position:0% this is unit y33 docket number vog 00:30:39.539 --> 00:30:40.570 align:start position:0% this is unit y33 docket number vog UE 00:30:40.570 --> 00:30:40.580 align:start position:0% UE 00:30:40.580 --> 00:30:42.490 align:start position:0% UE BtoB 00:30:42.490 --> 00:30:42.500 align:start position:0% BtoB 00:30:42.500 --> 00:30:47.149 align:start position:0% BtoB 95-10<00:30:43.500>24-0524-02 00:30:47.149 --> 00:30:47.159 align:start position:0% 00:30:47.159 --> 00:30:48.889 align:start position:0% all<00:30:47.580>parties <00:30:48.000>interested <00:30:48.360>please <00:30:48.600>come 00:30:48.889 --> 00:30:48.899 align:start position:0% all parties interested please come 00:30:48.899 --> 00:30:50.149 align:start position:0% all parties interested please come forward 00:30:50.149 --> 00:30:50.159 align:start position:0% forward 00:30:50.159 --> 00:30:52.909 align:start position:0% forward Mark<00:30:50.580>Schwartz <00:30:51.120>and <00:30:51.240>Kelly <00:30:51.360>Berry 00:30:52.909 --> 00:30:52.919 align:start position:0% Mark Schwartz and Kelly Berry 00:30:52.919 --> 00:30:54.529 align:start position:0% Mark Schwartz and Kelly Berry you<00:30:53.399>you 00:30:54.529 --> 00:30:54.539 align:start position:0% you you 00:30:54.539 --> 00:30:57.470 align:start position:0% you you May<00:30:55.140>proceed <00:30:55.980>but <00:30:56.220>we <00:30:56.460>need <00:30:56.580>to <00:30:56.760>swear <00:30:57.120>in <00:30:57.299>Miss 00:30:57.470 --> 00:30:57.480 align:start position:0% May proceed but we need to swear in Miss 00:30:57.480 --> 00:30:59.090 align:start position:0% May proceed but we need to swear in Miss Berry<00:30:57.840>first 00:30:59.090 --> 00:30:59.100 align:start position:0% Berry first 00:30:59.100 --> 00:31:01.310 align:start position:0% Berry first Miss<00:30:59.640>Mary <00:30:59.940>do <00:31:00.299>you <00:31:00.419>swear <00:31:00.659>in <00:31:00.840>affirm <00:31:01.140>that 00:31:01.310 --> 00:31:01.320 align:start position:0% Miss Mary do you swear in affirm that 00:31:01.320 --> 00:31:03.289 align:start position:0% Miss Mary do you swear in affirm that your<00:31:01.440>testimony <00:31:01.919>is <00:31:02.220>the <00:31:02.399>truth <00:31:02.700>the <00:31:03.059>whole 00:31:03.289 --> 00:31:03.299 align:start position:0% your testimony is the truth the whole 00:31:03.299 --> 00:31:06.169 align:start position:0% your testimony is the truth the whole truth<00:31:03.659>and <00:31:03.899>nothing <00:31:04.080>but <00:31:04.380>the <00:31:04.620>truth 00:31:06.169 --> 00:31:06.179 align:start position:0% truth and nothing but the truth 00:31:06.179 --> 00:31:09.590 align:start position:0% truth and nothing but the truth I<00:31:06.779>do 00:31:09.590 --> 00:31:09.600 align:start position:0% 00:31:09.600 --> 00:31:12.350 align:start position:0% you<00:31:10.140>make <00:31:10.260>proceed <00:31:10.620>me 00:31:12.350 --> 00:31:12.360 align:start position:0% you make proceed me 00:31:12.360 --> 00:31:14.210 align:start position:0% you make proceed me thank<00:31:13.200>you <00:31:13.260>Kelly <00:31:13.440>could <00:31:13.740>you <00:31:13.860>state <00:31:14.039>your 00:31:14.210 --> 00:31:14.220 align:start position:0% thank you Kelly could you state your 00:31:14.220 --> 00:31:16.669 align:start position:0% thank you Kelly could you state your name<00:31:14.399>for <00:31:14.640>us <00:31:14.820>please 00:31:16.669 --> 00:31:16.679 align:start position:0% name for us please 00:31:16.679 --> 00:31:19.430 align:start position:0% name for us please my<00:31:17.159>name <00:31:17.220>is <00:31:17.340>Kelly <00:31:17.520>Berry <00:31:18.000>and <00:31:18.899>who <00:31:19.080>you <00:31:19.200>work 00:31:19.430 --> 00:31:19.440 align:start position:0% my name is Kelly Berry and who you work 00:31:19.440 --> 00:31:20.750 align:start position:0% my name is Kelly Berry and who you work for 00:31:20.750 --> 00:31:20.760 align:start position:0% for 00:31:20.760 --> 00:31:24.110 align:start position:0% for I<00:31:21.179>work <00:31:21.299>for <00:31:21.480>Pocahontas <00:31:22.080>gas <00:31:22.260>LLC 00:31:24.110 --> 00:31:24.120 align:start position:0% I work for Pocahontas gas LLC 00:31:24.120 --> 00:31:27.769 align:start position:0% I work for Pocahontas gas LLC who<00:31:24.480>is <00:31:24.720>the <00:31:24.840>applicant <00:31:25.440>on <00:31:25.620>this <00:31:25.799>petition 00:31:27.769 --> 00:31:27.779 align:start position:0% who is the applicant on this petition 00:31:27.779 --> 00:31:30.529 align:start position:0% who is the applicant on this petition it<00:31:28.140>is <00:31:28.260>Pocahontas <00:31:28.860>gas <00:31:29.039>LLC 00:31:30.529 --> 00:31:30.539 align:start position:0% it is Pocahontas gas LLC 00:31:30.539 --> 00:31:33.529 align:start position:0% it is Pocahontas gas LLC and<00:31:31.140>is <00:31:31.620>this <00:31:31.799>an <00:31:32.039>existing <00:31:32.580>uh <00:31:33.179>Colbert 00:31:33.529 --> 00:31:33.539 align:start position:0% and is this an existing uh Colbert 00:31:33.539 --> 00:31:36.350 align:start position:0% and is this an existing uh Colbert methane<00:31:33.960>producing <00:31:34.620>unit 00:31:36.350 --> 00:31:36.360 align:start position:0% methane producing unit 00:31:36.360 --> 00:31:39.470 align:start position:0% methane producing unit yes<00:31:36.899>it <00:31:37.080>is <00:31:37.740>uh <00:31:38.460>and <00:31:38.640>it <00:31:38.820>was <00:31:39.000>pooled 00:31:39.470 --> 00:31:39.480 align:start position:0% yes it is uh and it was pooled 00:31:39.480 --> 00:31:41.930 align:start position:0% yes it is uh and it was pooled previously<00:31:40.260>under <00:31:40.679>Oakland <00:31:41.039>one <00:31:41.399>is <00:31:41.760>that 00:31:41.930 --> 00:31:41.940 align:start position:0% previously under Oakland one is that 00:31:41.940 --> 00:31:43.190 align:start position:0% previously under Oakland one is that correct 00:31:43.190 --> 00:31:43.200 align:start position:0% correct 00:31:43.200 --> 00:31:44.750 align:start position:0% correct that<00:31:43.799>is <00:31:43.919>correct 00:31:44.750 --> 00:31:44.760 align:start position:0% that is correct 00:31:44.760 --> 00:31:47.330 align:start position:0% that is correct and<00:31:45.240>the <00:31:45.480>reason <00:31:45.659>we're <00:31:46.020>back <00:31:46.260>here <00:31:46.500>today <00:31:46.860>I 00:31:47.330 --> 00:31:47.340 align:start position:0% and the reason we're back here today I 00:31:47.340 --> 00:31:48.889 align:start position:0% and the reason we're back here today I think<00:31:47.460>I <00:31:47.760>think <00:31:48.059>actually <00:31:48.240>there <00:31:48.600>are <00:31:48.720>two 00:31:48.889 --> 00:31:48.899 align:start position:0% think I think actually there are two 00:31:48.899 --> 00:31:51.049 align:start position:0% think I think actually there are two reasons<00:31:49.320>one <00:31:49.740>is <00:31:50.100>there <00:31:50.700>have <00:31:50.820>been <00:31:50.820>some 00:31:51.049 --> 00:31:51.059 align:start position:0% reasons one is there have been some 00:31:51.059 --> 00:31:52.789 align:start position:0% reasons one is there have been some mapping<00:31:51.539>changes <00:31:52.020>that <00:31:52.260>we <00:31:52.380>need <00:31:52.559>to <00:31:52.679>account 00:31:52.789 --> 00:31:52.799 align:start position:0% mapping changes that we need to account 00:31:52.799 --> 00:31:54.350 align:start position:0% mapping changes that we need to account for 00:31:54.350 --> 00:31:54.360 align:start position:0% for 00:31:54.360 --> 00:31:55.669 align:start position:0% for yes 00:31:55.669 --> 00:31:55.679 align:start position:0% yes 00:31:55.679 --> 00:31:59.149 align:start position:0% yes and<00:31:56.399>in <00:31:56.640>addition <00:31:56.940>uh <00:31:57.899>you're <00:31:58.440>asking <00:31:58.919>that 00:31:59.149 --> 00:31:59.159 align:start position:0% and in addition uh you're asking that 00:31:59.159 --> 00:32:01.310 align:start position:0% and in addition uh you're asking that the<00:31:59.399>board <00:31:59.520>re-pooled <00:32:00.480>the <00:32:00.779>unit <00:32:00.899>under 00:32:01.310 --> 00:32:01.320 align:start position:0% the board re-pooled the unit under 00:32:01.320 --> 00:32:05.090 align:start position:0% the board re-pooled the unit under Oakwood<00:32:01.860>2 <00:32:02.340>to <00:32:03.299>facilitate <00:32:03.960>Degas <00:32:04.620>in <00:32:04.919>advance 00:32:05.090 --> 00:32:05.100 align:start position:0% Oakwood 2 to facilitate Degas in advance 00:32:05.100 --> 00:32:07.549 align:start position:0% Oakwood 2 to facilitate Degas in advance of<00:32:05.460>one-wall <00:32:06.000>mining 00:32:07.549 --> 00:32:07.559 align:start position:0% of one-wall mining 00:32:07.559 --> 00:32:11.990 align:start position:0% of one-wall mining yes<00:32:08.419>what <00:32:09.419>did <00:32:09.600>you <00:32:09.779>do <00:32:09.960>to <00:32:10.320>tell <00:32:10.620>people 00:32:11.990 --> 00:32:12.000 align:start position:0% yes what did you do to tell people 00:32:12.000 --> 00:32:13.970 align:start position:0% yes what did you do to tell people that<00:32:12.360>we <00:32:12.659>were <00:32:12.840>going <00:32:13.080>to <00:32:13.260>have <00:32:13.440>a <00:32:13.620>hearing 00:32:13.970 --> 00:32:13.980 align:start position:0% that we were going to have a hearing 00:32:13.980 --> 00:32:15.950 align:start position:0% that we were going to have a hearing today 00:32:15.950 --> 00:32:15.960 align:start position:0% today 00:32:15.960 --> 00:32:19.490 align:start position:0% today uh<00:32:16.559>we <00:32:16.740>mailed <00:32:17.159>a <00:32:17.460>copy <00:32:17.760>of <00:32:18.059>the <00:32:18.179>petition <00:32:18.659>to 00:32:19.490 --> 00:32:19.500 align:start position:0% uh we mailed a copy of the petition to 00:32:19.500 --> 00:32:21.409 align:start position:0% uh we mailed a copy of the petition to each<00:32:20.279>owner 00:32:21.409 --> 00:32:21.419 align:start position:0% each owner 00:32:21.419 --> 00:32:24.409 align:start position:0% each owner by<00:32:22.200>certified <00:32:22.679>with <00:32:23.520>a <00:32:23.700>return <00:32:23.820>receipt 00:32:24.409 --> 00:32:24.419 align:start position:0% by certified mail with a return receipt 00:32:24.419 --> 00:32:28.190 align:start position:0% by certified mail with a return receipt requested<00:32:25.080>and <00:32:26.039>we <00:32:26.340>also <00:32:26.820>published <00:32:27.539>a <00:32:27.899>notice 00:32:28.190 --> 00:32:28.200 align:start position:0% requested and we also published a notice 00:32:28.200 --> 00:32:29.870 align:start position:0% requested and we also published a notice in<00:32:28.440>the <00:32:28.559>Virginia <00:32:28.679>Mountaineer 00:32:29.870 --> 00:32:29.880 align:start position:0% in the Virginia Mountaineer 00:32:29.880 --> 00:32:33.049 align:start position:0% in the Virginia Mountaineer okay<00:32:30.419>when <00:32:31.140>did <00:32:31.320>you <00:32:31.500>publish 00:32:33.049 --> 00:32:33.059 align:start position:0% okay when did you publish 00:32:33.059 --> 00:32:38.029 align:start position:0% okay when did you publish uh<00:32:33.960>we <00:32:34.200>published <00:32:34.679>March <00:32:35.220>9th <00:32:35.640>2023 <00:32:36.860>and <00:32:37.860>and 00:32:38.029 --> 00:32:38.039 align:start position:0% uh we published March 9th 2023 and and 00:32:38.039 --> 00:32:39.850 align:start position:0% uh we published March 9th 2023 and and when<00:32:38.279>did <00:32:38.520>you <00:32:38.700>we <00:32:41.100>mailed <00:32:41.460>February <00:32:41.940>23rd <00:32:42.779>2023 00:32:44.269 --> 00:32:44.279 align:start position:0% uh we mailed February 23rd 2023 00:32:44.279 --> 00:32:48.049 align:start position:0% uh we mailed February 23rd 2023 and<00:32:45.179>have <00:32:45.419>you <00:32:45.600>provided <00:32:46.320>the <00:32:46.980>the <00:32:47.220>division 00:32:48.049 --> 00:32:48.059 align:start position:0% and have you provided the the division 00:32:48.059 --> 00:32:51.409 align:start position:0% and have you provided the the division uh<00:32:48.899>with <00:32:49.440>proof <00:32:50.220>or <00:32:50.460>your <00:32:50.760>certificate <00:32:51.240>with 00:32:51.409 --> 00:32:51.419 align:start position:0% uh with proof or your certificate with 00:32:51.419 --> 00:32:54.409 align:start position:0% uh with proof or your certificate with regard<00:32:51.840>to <00:32:51.899>mailing <00:32:52.440>and <00:32:53.279>uh <00:32:53.820>your <00:32:53.940>proof <00:32:54.299>of 00:32:54.409 --> 00:32:54.419 align:start position:0% regard to mailing and uh your proof of 00:32:54.419 --> 00:32:56.090 align:start position:0% regard to mailing and uh your proof of publication 00:32:56.090 --> 00:32:56.100 align:start position:0% publication 00:32:56.100 --> 00:32:57.889 align:start position:0% publication yes<00:32:56.700>we <00:32:56.880>have 00:32:57.889 --> 00:32:57.899 align:start position:0% yes we have 00:32:57.899 --> 00:33:00.830 align:start position:0% yes we have and<00:32:58.679>with <00:32:58.980>the <00:32:59.220>updated <00:32:59.520>mapping <00:33:00.179>and <00:33:00.480>title 00:33:00.830 --> 00:33:00.840 align:start position:0% and with the updated mapping and title 00:33:00.840 --> 00:33:03.289 align:start position:0% and with the updated mapping and title information<00:33:01.080>could <00:33:01.799>you <00:33:01.980>tell <00:33:02.220>us <00:33:02.340>as <00:33:02.700>as <00:33:02.820>of 00:33:03.289 --> 00:33:03.299 align:start position:0% information could you tell us as as of 00:33:03.299 --> 00:33:07.250 align:start position:0% information could you tell us as as of the<00:33:04.260>present <00:33:04.559>time <00:33:04.919>uh <00:33:05.820>what <00:33:06.179>percentage <00:33:06.840>of 00:33:07.250 --> 00:33:07.260 align:start position:0% the present time uh what percentage of 00:33:07.260 --> 00:33:11.090 align:start position:0% the present time uh what percentage of the<00:33:07.500>cobit <00:33:08.039>methane <00:33:08.840>do <00:33:09.840>you <00:33:09.960>have <00:33:10.140>under <00:33:10.559>on 00:33:11.090 --> 00:33:11.100 align:start position:0% the cobit methane do you have under on 00:33:11.100 --> 00:33:16.450 align:start position:0% the cobit methane do you have under on either<00:33:11.279>own <00:33:11.640>or <00:33:12.000>have <00:33:12.120>under <00:33:12.360>lease 00:33:16.450 --> 00:33:16.460 align:start position:0% 00:33:16.460 --> 00:33:19.430 align:start position:0% 67.0125<00:33:17.460>percent 00:33:19.430 --> 00:33:19.440 align:start position:0% 67.0125 percent 00:33:19.440 --> 00:33:21.769 align:start position:0% 67.0125 percent and<00:33:19.980>you're <00:33:20.100>seeking <00:33:20.519>to <00:33:20.700>pool <00:33:20.940>uh <00:33:21.600>what 00:33:21.769 --> 00:33:21.779 align:start position:0% and you're seeking to pool uh what 00:33:21.779 --> 00:33:25.210 align:start position:0% and you're seeking to pool uh what percentage 00:33:25.210 --> 00:33:25.220 align:start position:0% 00:33:25.220 --> 00:33:29.690 align:start position:0% 32.9875<00:33:26.220>percent 00:33:29.690 --> 00:33:29.700 align:start position:0% 00:33:29.700 --> 00:33:33.049 align:start position:0% um<00:33:29.880>do <00:33:30.840>you <00:33:30.960>want <00:33:31.260>to <00:33:31.380>add <00:33:31.620>any <00:33:31.860>respondents <00:33:32.760>to 00:33:33.049 --> 00:33:33.059 align:start position:0% um do you want to add any respondents to 00:33:33.059 --> 00:33:36.110 align:start position:0% um do you want to add any respondents to your<00:33:33.299>uh <00:33:33.659>application <00:33:34.140>today 00:33:36.110 --> 00:33:36.120 align:start position:0% your uh application today 00:33:36.120 --> 00:33:37.430 align:start position:0% your uh application today no 00:33:37.430 --> 00:33:37.440 align:start position:0% no 00:33:37.440 --> 00:33:40.490 align:start position:0% no do<00:33:37.679>you <00:33:37.740>want <00:33:37.980>to <00:33:38.100>dismiss <00:33:38.399>any <00:33:38.700>people <00:33:39.000>today 00:33:40.490 --> 00:33:40.500 align:start position:0% do you want to dismiss any people today 00:33:40.500 --> 00:33:42.590 align:start position:0% do you want to dismiss any people today no 00:33:42.590 --> 00:33:42.600 align:start position:0% no 00:33:42.600 --> 00:33:45.409 align:start position:0% no I<00:33:42.720>think <00:33:43.140>uh <00:33:43.500>I <00:33:44.039>think <00:33:44.100>I <00:33:44.279>asked <00:33:44.519>this <00:33:44.640>but <00:33:44.880>I 00:33:45.409 --> 00:33:45.419 align:start position:0% I think uh I think I asked this but I 00:33:45.419 --> 00:33:47.149 align:start position:0% I think uh I think I asked this but I just<00:33:45.659>want <00:33:45.779>to <00:33:45.899>confirm <00:33:46.380>that <00:33:46.559>the <00:33:46.980>current 00:33:47.149 --> 00:33:47.159 align:start position:0% just want to confirm that the current 00:33:47.159 --> 00:33:51.230 align:start position:0% just want to confirm that the current operator<00:33:47.760>of <00:33:48.120>this <00:33:48.240>unit <00:33:48.419>is <00:33:48.720>is <00:33:48.899>what <00:33:49.200>company 00:33:51.230 --> 00:33:51.240 align:start position:0% operator of this unit is is what company 00:33:51.240 --> 00:33:53.330 align:start position:0% operator of this unit is is what company the<00:33:51.779>current <00:33:51.899>operator <00:33:52.320>is <00:33:52.500>Pocahontas <00:33:53.159>gas 00:33:53.330 --> 00:33:53.340 align:start position:0% the current operator is Pocahontas gas 00:33:53.340 --> 00:33:57.649 align:start position:0% the current operator is Pocahontas gas LLC<00:33:54.140>who <00:33:55.140>was <00:33:55.679>also <00:33:55.919>the <00:33:56.100>applicant <00:33:56.519>today 00:33:57.649 --> 00:33:57.659 align:start position:0% LLC who was also the applicant today 00:33:57.659 --> 00:33:58.970 align:start position:0% LLC who was also the applicant today yes 00:33:58.970 --> 00:33:58.980 align:start position:0% yes 00:33:58.980 --> 00:34:01.070 align:start position:0% yes and<00:33:59.519>is <00:33:59.700>is <00:33:59.880>Pocahontas <00:34:00.539>gas <00:34:00.720>still 00:34:01.070 --> 00:34:01.080 align:start position:0% and is is Pocahontas gas still 00:34:01.080 --> 00:34:02.330 align:start position:0% and is is Pocahontas gas still authorized<00:34:01.500>to <00:34:01.620>do <00:34:01.740>business <00:34:01.919>in <00:34:02.159>the 00:34:02.330 --> 00:34:02.340 align:start position:0% authorized to do business in the 00:34:02.340 --> 00:34:03.950 align:start position:0% authorized to do business in the Commonwealth 00:34:03.950 --> 00:34:03.960 align:start position:0% Commonwealth 00:34:03.960 --> 00:34:06.470 align:start position:0% Commonwealth yes<00:34:04.860>still <00:34:05.399>registered <00:34:06.000>with <00:34:06.120>the <00:34:06.299>Department 00:34:06.470 --> 00:34:06.480 align:start position:0% yes still registered with the Department 00:34:06.480 --> 00:34:08.810 align:start position:0% yes still registered with the Department of<00:34:06.779>Mines <00:34:06.960>minerals <00:34:07.440>and <00:34:07.559>energy <00:34:07.799>and <00:34:08.399>and <00:34:08.580>the 00:34:08.810 --> 00:34:08.820 align:start position:0% of Mines minerals and energy and and the 00:34:08.820 --> 00:34:10.490 align:start position:0% of Mines minerals and energy and and the division 00:34:10.490 --> 00:34:10.500 align:start position:0% division 00:34:10.500 --> 00:34:11.810 align:start position:0% division yes 00:34:11.810 --> 00:34:11.820 align:start position:0% yes 00:34:11.820 --> 00:34:13.790 align:start position:0% yes and<00:34:12.179>does <00:34:12.419>it <00:34:12.599>still <00:34:12.720>have <00:34:12.899>a <00:34:13.020>blanket <00:34:13.320>Bond <00:34:13.500>on 00:34:13.790 --> 00:34:13.800 align:start position:0% and does it still have a blanket Bond on 00:34:13.800 --> 00:34:16.070 align:start position:0% and does it still have a blanket Bond on file<00:34:14.040>for <00:34:14.280>its <00:34:14.520>operations 00:34:16.070 --> 00:34:16.080 align:start position:0% file for its operations 00:34:16.080 --> 00:34:18.889 align:start position:0% file for its operations yes<00:34:17.159>okay 00:34:18.889 --> 00:34:18.899 align:start position:0% yes okay 00:34:18.899 --> 00:34:19.750 align:start position:0% yes okay um 00:34:19.750 --> 00:34:19.760 align:start position:0% um 00:34:19.760 --> 00:34:22.970 align:start position:0% um the<00:34:20.760>the <00:34:21.060>the <00:34:21.119>the <00:34:21.359>the 00:34:22.970 --> 00:34:22.980 align:start position:0% the the the the the 00:34:22.980 --> 00:34:26.750 align:start position:0% the the the the the um<00:34:23.240>changes <00:34:24.240>with <00:34:24.659>regard <00:34:25.020>to <00:34:25.139>mapping <00:34:25.760>cause 00:34:26.750 --> 00:34:26.760 align:start position:0% um changes with regard to mapping cause 00:34:26.760 --> 00:34:29.750 align:start position:0% um changes with regard to mapping cause the<00:34:27.119>percentage <00:34:27.659>of <00:34:27.960>interest <00:34:28.260>of <00:34:28.859>the <00:34:29.339>uh 00:34:29.750 --> 00:34:29.760 align:start position:0% the percentage of interest of the uh 00:34:29.760 --> 00:34:33.589 align:start position:0% the percentage of interest of the uh several<00:34:30.300>Less <00:34:30.780>stores <00:34:31.200>to <00:34:31.560>change 00:34:33.589 --> 00:34:33.599 align:start position:0% several Less stores to change 00:34:33.599 --> 00:34:36.290 align:start position:0% several Less stores to change that's<00:34:34.320>correct <00:34:34.700>did <00:34:35.700>all <00:34:35.940>of <00:34:36.119>their 00:34:36.290 --> 00:34:36.300 align:start position:0% that's correct did all of their 00:34:36.300 --> 00:34:39.230 align:start position:0% that's correct did all of their interests<00:34:36.720>change <00:34:37.020>to <00:34:37.440>some <00:34:37.740>extent 00:34:39.230 --> 00:34:39.240 align:start position:0% interests change to some extent 00:34:39.240 --> 00:34:40.490 align:start position:0% interests change to some extent yes 00:34:40.490 --> 00:34:40.500 align:start position:0% yes 00:34:40.500 --> 00:34:43.070 align:start position:0% yes so<00:34:41.159>if <00:34:41.399>the <00:34:41.820>board <00:34:41.940>were <00:34:42.179>to <00:34:42.300>approve <00:34:42.780>this 00:34:43.070 --> 00:34:43.080 align:start position:0% so if the board were to approve this 00:34:43.080 --> 00:34:46.310 align:start position:0% so if the board were to approve this application<00:34:43.679>uh <00:34:44.580>they <00:34:44.820>would <00:34:44.940>need <00:34:45.179>to <00:34:45.419>give 00:34:46.310 --> 00:34:46.320 align:start position:0% application uh they would need to give 00:34:46.320 --> 00:34:48.770 align:start position:0% application uh they would need to give all<00:34:47.099>of <00:34:47.280>the <00:34:48.119>um 00:34:48.770 --> 00:34:48.780 align:start position:0% all of the um 00:34:48.780 --> 00:34:51.290 align:start position:0% all of the um all<00:34:49.200>of <00:34:49.379>the <00:34:49.560>respondents <00:34:50.280>and <00:34:50.639>another 00:34:51.290 --> 00:34:51.300 align:start position:0% all of the respondents and another 00:34:51.300 --> 00:34:53.750 align:start position:0% all of the respondents and another election<00:34:51.659>opportunity 00:34:53.750 --> 00:34:53.760 align:start position:0% election opportunity 00:34:53.760 --> 00:35:02.810 align:start position:0% election opportunity yes<00:34:54.240>that's <00:34:54.540>correct <00:34:54.839>okay 00:35:02.810 --> 00:35:02.820 align:start position:0% 00:35:02.820 --> 00:35:05.089 align:start position:0% let's<00:35:03.480>go <00:35:03.900>to 00:35:05.089 --> 00:35:05.099 align:start position:0% let's go to 00:35:05.099 --> 00:35:05.710 align:start position:0% let's go to um 00:35:05.710 --> 00:35:05.720 align:start position:0% um 00:35:05.720 --> 00:35:08.170 align:start position:0% um PDF<00:35:06.720>page 00:35:08.170 --> 00:35:08.180 align:start position:0% PDF page 00:35:08.180 --> 00:35:16.250 align:start position:0% PDF page I<00:35:09.180>think <00:35:09.359>it's <00:35:09.980>13. <00:35:10.980>get <00:35:11.220>that <00:35:11.400>up <00:35:11.579>here 00:35:16.250 --> 00:35:16.260 align:start position:0% 00:35:16.260 --> 00:35:20.089 align:start position:0% PDF<00:35:17.040>page <00:35:17.460>13 <00:35:18.000>actually <00:35:18.839>I'm <00:35:19.560>sorry <00:35:19.740>let's <00:35:19.920>go 00:35:20.089 --> 00:35:20.099 align:start position:0% PDF page 13 actually I'm sorry let's go 00:35:20.099 --> 00:35:23.569 align:start position:0% PDF page 13 actually I'm sorry let's go to<00:35:20.220>page <00:35:21.020>14. <00:35:22.020>uh 00:35:23.569 --> 00:35:23.579 align:start position:0% to PDF page 14. uh 00:35:23.579 --> 00:35:26.210 align:start position:0% to PDF page 14. uh and<00:35:24.000>that's <00:35:24.119>a <00:35:24.359>map <00:35:24.540>correct 00:35:26.210 --> 00:35:26.220 align:start position:0% and that's a map correct 00:35:26.220 --> 00:35:30.050 align:start position:0% and that's a map correct yes<00:35:26.940>and <00:35:27.599>what <00:35:27.780>does <00:35:27.960>it <00:35:28.079>show 00:35:30.050 --> 00:35:30.060 align:start position:0% yes and what does it show 00:35:30.060 --> 00:35:33.470 align:start position:0% yes and what does it show this<00:35:30.720>reflects <00:35:31.140>the <00:35:31.440>location <00:35:31.880>of <00:35:32.880>this <00:35:33.240>unit 00:35:33.470 --> 00:35:33.480 align:start position:0% this reflects the location of this unit 00:35:33.480 --> 00:35:35.810 align:start position:0% this reflects the location of this unit within<00:35:34.200>the <00:35:34.500>Oakwood <00:35:34.920>field 00:35:35.810 --> 00:35:35.820 align:start position:0% within the Oakwood field 00:35:35.820 --> 00:35:38.810 align:start position:0% within the Oakwood field okay<00:35:36.240>and <00:35:37.020>and <00:35:37.260>in <00:35:37.560>addition <00:35:37.859>to <00:35:38.160>showing <00:35:38.640>the 00:35:38.810 --> 00:35:38.820 align:start position:0% okay and and in addition to showing the 00:35:38.820 --> 00:35:40.790 align:start position:0% okay and and in addition to showing the boundary<00:35:39.300>the <00:35:39.480>eight <00:35:39.660>the <00:35:40.020>boundaries <00:35:40.560>of 00:35:40.790 --> 00:35:40.800 align:start position:0% boundary the eight the boundaries of 00:35:40.800 --> 00:35:43.790 align:start position:0% boundary the eight the boundaries of this<00:35:40.980>80 <00:35:41.160>acre <00:35:41.640>Oakwood <00:35:42.240>unit <00:35:42.599>uh <00:35:43.380>does <00:35:43.560>it 00:35:43.790 --> 00:35:43.800 align:start position:0% this 80 acre Oakwood unit uh does it 00:35:43.800 --> 00:35:47.150 align:start position:0% this 80 acre Oakwood unit uh does it also<00:35:44.160>show <00:35:44.640>some <00:35:45.240>uh <00:35:45.839>projected <00:35:46.560>uh 00:35:47.150 --> 00:35:47.160 align:start position:0% also show some uh projected uh 00:35:47.160 --> 00:35:51.410 align:start position:0% also show some uh projected uh activities<00:35:47.579>Underground 00:35:51.410 --> 00:35:51.420 align:start position:0% 00:35:51.420 --> 00:35:55.370 align:start position:0% um yes<00:35:51.839>okay <00:35:52.560>and <00:35:52.859>what <00:35:53.220>are <00:35:53.400>those 00:35:55.370 --> 00:35:55.380 align:start position:0% um yes okay and what are those 00:35:55.380 --> 00:36:00.109 align:start position:0% um yes okay and what are those uh<00:35:56.339>this <00:35:57.000>shows <00:35:57.480>the <00:35:57.720>projected <00:35:58.200>locations <00:35:59.099>of 00:36:00.109 --> 00:36:00.119 align:start position:0% uh this shows the projected locations of 00:36:00.119 --> 00:36:03.230 align:start position:0% uh this shows the projected locations of the<00:36:00.660>one <00:36:00.839>South <00:36:01.200>and <00:36:01.680>two <00:36:01.920>South <00:36:02.160>panels <00:36:02.820>to <00:36:03.119>be 00:36:03.230 --> 00:36:03.240 align:start position:0% the one South and two South panels to be 00:36:03.240 --> 00:36:07.069 align:start position:0% the one South and two South panels to be mined<00:36:03.619>okay <00:36:04.619>and <00:36:05.579>and <00:36:05.880>within <00:36:06.540>and <00:36:07.020>and 00:36:07.069 --> 00:36:07.079 align:start position:0% mined okay and and within and and 00:36:07.079 --> 00:36:11.510 align:start position:0% mined okay and and within and and obviously<00:36:07.800>based <00:36:08.760>on <00:36:08.880>uh <00:36:09.359>this <00:36:09.599>map <00:36:09.859>uh <00:36:10.859>the 00:36:11.510 --> 00:36:11.520 align:start position:0% obviously based on uh this map uh the 00:36:11.520 --> 00:36:16.870 align:start position:0% obviously based on uh this map uh the the<00:36:11.579>unit <00:36:12.119>uh <00:36:13.079>in <00:36:13.500>question <00:36:13.800>uh 00:36:16.870 --> 00:36:16.880 align:start position:0% 00:36:16.880 --> 00:36:20.810 align:start position:0% intersects<00:36:17.880>those <00:36:18.300>or <00:36:18.720>is <00:36:19.140>is <00:36:19.260>located <00:36:19.859>within 00:36:20.810 --> 00:36:20.820 align:start position:0% intersects those or is is located within 00:36:20.820 --> 00:36:23.089 align:start position:0% intersects those or is is located within the<00:36:21.060>mining <00:36:21.420>area <00:36:21.660>of <00:36:22.079>that <00:36:22.260>of <00:36:22.500>the <00:36:22.740>panel 00:36:23.089 --> 00:36:23.099 align:start position:0% the mining area of that of the panel 00:36:23.099 --> 00:36:27.230 align:start position:0% the mining area of that of the panel between<00:36:23.480>or <00:36:24.480>of <00:36:24.900>those <00:36:25.140>two <00:36:25.380>panels <00:36:25.800>correct 00:36:27.230 --> 00:36:27.240 align:start position:0% between or of those two panels correct 00:36:27.240 --> 00:36:29.390 align:start position:0% between or of those two panels correct yes 00:36:29.390 --> 00:36:29.400 align:start position:0% yes 00:36:29.400 --> 00:36:33.109 align:start position:0% yes and<00:36:30.060>then <00:36:30.180>let's <00:36:30.480>go <00:36:30.780>back <00:36:31.200>to 00:36:33.109 --> 00:36:33.119 align:start position:0% and then let's go back to 00:36:33.119 --> 00:36:34.130 align:start position:0% and then let's go back to um 00:36:34.130 --> 00:36:34.140 align:start position:0% um 00:36:34.140 --> 00:36:39.650 align:start position:0% um let's<00:36:34.560>go <00:36:34.740>back <00:36:35.040>to <00:36:35.280>myself <00:36:35.579>it's <00:36:36.180>page 00:36:39.650 --> 00:36:39.660 align:start position:0% 00:36:39.660 --> 00:36:41.210 align:start position:0% um 00:36:41.210 --> 00:36:41.220 align:start position:0% um 00:36:41.220 --> 00:36:45.710 align:start position:0% um a<00:36:41.760>page <00:36:42.960>five 00:36:45.710 --> 00:36:45.720 align:start position:0% a PDF page five 00:36:45.720 --> 00:36:49.310 align:start position:0% a PDF page five and<00:36:46.320>that <00:36:46.560>is <00:36:46.740>is <00:36:47.160>a <00:36:47.579>different <00:36:47.820>map <00:36:48.300>and <00:36:49.079>this 00:36:49.310 --> 00:36:49.320 align:start position:0% and that is is a different map and this 00:36:49.320 --> 00:36:51.890 align:start position:0% and that is is a different map and this is<00:36:49.500>what <00:36:49.920>we <00:36:50.099>call <00:36:50.220>exhibit <00:36:50.820>a <00:36:51.060>and <00:36:51.359>it <00:36:51.540>shows 00:36:51.890 --> 00:36:51.900 align:start position:0% is what we call exhibit a and it shows 00:36:51.900 --> 00:36:55.730 align:start position:0% is what we call exhibit a and it shows the<00:36:52.140>unit <00:36:52.520>and <00:36:53.520>it <00:36:53.760>shows <00:36:54.180>uh <00:36:54.660>tracks <00:36:55.200>within 00:36:55.730 --> 00:36:55.740 align:start position:0% the unit and it shows uh tracks within 00:36:55.740 --> 00:36:57.770 align:start position:0% the unit and it shows uh tracks within the<00:36:55.920>unit <00:36:56.099>correct 00:36:57.770 --> 00:36:57.780 align:start position:0% the unit correct 00:36:57.780 --> 00:37:02.630 align:start position:0% the unit correct yes<00:36:58.560>okay <00:36:59.400>and <00:37:00.240>and <00:37:00.480>then <00:37:00.720>this <00:37:01.079>this <00:37:01.680>page <00:37:02.099>five <00:37:03.119>is <00:37:03.540>followed <00:37:03.960>by <00:37:04.140>something <00:37:04.380>that 00:37:04.609 --> 00:37:04.619 align:start position:0% page five is followed by something that 00:37:04.619 --> 00:37:07.490 align:start position:0% page five is followed by something that we<00:37:04.800>call <00:37:04.920>attract <00:37:05.400>identifications 00:37:07.490 --> 00:37:07.500 align:start position:0% we call attract identifications 00:37:07.500 --> 00:37:10.130 align:start position:0% we call attract identifications that's<00:37:08.099>correct <00:37:08.339>and <00:37:09.119>this <00:37:09.359>this <00:37:09.720>and <00:37:10.020>the 00:37:10.130 --> 00:37:10.140 align:start position:0% that's correct and this this and the 00:37:10.140 --> 00:37:11.650 align:start position:0% that's correct and this this and the track<00:37:10.260>identifications 00:37:11.650 --> 00:37:11.660 align:start position:0% track identifications 00:37:11.660 --> 00:37:14.270 align:start position:0% track identifications corresponds<00:37:12.660>to <00:37:12.780>the <00:37:13.140>numbers <00:37:13.320>that <00:37:13.859>we <00:37:14.099>see 00:37:14.270 --> 00:37:14.280 align:start position:0% corresponds to the numbers that we see 00:37:14.280 --> 00:37:18.770 align:start position:0% corresponds to the numbers that we see on<00:37:14.820>on <00:37:15.300>the <00:37:15.599>map <00:37:15.780>uh <00:37:16.320>PDS <00:37:16.859>page <00:37:17.820>five <00:37:18.060>did 00:37:18.770 --> 00:37:18.780 align:start position:0% on on the map uh PDS PDF page five did 00:37:18.780 --> 00:37:21.710 align:start position:0% on on the map uh PDS PDF page five did you<00:37:18.960>get <00:37:19.140>a <00:37:19.440>call <00:37:20.160>from 00:37:21.710 --> 00:37:21.720 align:start position:0% you get a call from 00:37:21.720 --> 00:37:24.589 align:start position:0% you get a call from any<00:37:22.320>of <00:37:22.560>the <00:37:22.740>respond <00:37:23.160>or <00:37:23.460>get <00:37:23.820>calls <00:37:24.240>from <00:37:24.359>any 00:37:24.589 --> 00:37:24.599 align:start position:0% any of the respond or get calls from any 00:37:24.599 --> 00:37:27.530 align:start position:0% any of the respond or get calls from any of<00:37:24.780>the <00:37:25.020>respondents <00:37:25.740>before <00:37:26.359>uh <00:37:27.359>today's 00:37:27.530 --> 00:37:27.540 align:start position:0% of the respondents before uh today's 00:37:27.540 --> 00:37:29.450 align:start position:0% of the respondents before uh today's hearing<00:37:28.140>with <00:37:28.380>questions <00:37:28.619>about <00:37:29.099>this 00:37:29.450 --> 00:37:29.460 align:start position:0% hearing with questions about this 00:37:29.460 --> 00:37:31.550 align:start position:0% hearing with questions about this application 00:37:31.550 --> 00:37:31.560 align:start position:0% application 00:37:31.560 --> 00:37:34.550 align:start position:0% application uh<00:37:32.220>yes <00:37:32.400>we <00:37:32.700>received <00:37:33.240>a <00:37:33.420>call <00:37:33.660>from <00:37:34.200>Wayne 00:37:34.550 --> 00:37:34.560 align:start position:0% uh yes we received a call from Wayne 00:37:34.560 --> 00:37:38.510 align:start position:0% uh yes we received a call from Wayne Davis<00:37:35.119>okay <00:37:36.260>and <00:37:37.260>uh <00:37:37.740>let's <00:37:38.040>go <00:37:38.220>to <00:37:38.400>the 00:37:38.510 --> 00:37:38.520 align:start position:0% Davis okay and uh let's go to the 00:37:38.520 --> 00:37:42.230 align:start position:0% Davis okay and uh let's go to the tracked<00:37:39.060>ID <00:37:39.359>page <00:37:40.200>which <00:37:41.160>is <00:37:41.460>uh <00:37:41.880>which <00:37:42.180>is 00:37:42.230 --> 00:37:42.240 align:start position:0% tracked ID page which is uh which is 00:37:42.240 --> 00:37:44.750 align:start position:0% tracked ID page which is uh which is Pages<00:37:42.599>six <00:37:43.020>and <00:37:43.260>seven <00:37:43.560>it <00:37:43.920>looks <00:37:44.220>like <00:37:44.339>Mr 00:37:44.750 --> 00:37:44.760 align:start position:0% Pages six and seven it looks like Mr 00:37:44.760 --> 00:37:49.130 align:start position:0% Pages six and seven it looks like Mr Davis<00:37:45.440>is <00:37:46.440>a <00:37:46.800>Surface <00:37:47.220>owner <00:37:47.760>of <00:37:48.119>track <00:37:48.359>4A 00:37:49.130 --> 00:37:49.140 align:start position:0% Davis is a Surface owner of track 4A 00:37:49.140 --> 00:37:50.690 align:start position:0% Davis is a Surface owner of track 4A correct 00:37:50.690 --> 00:37:50.700 align:start position:0% correct 00:37:50.700 --> 00:37:54.130 align:start position:0% correct yes<00:37:51.839>and <00:37:52.380>then <00:37:52.619>if <00:37:52.740>we <00:37:52.859>go <00:37:52.980>to <00:37:53.099>the <00:37:53.280>next <00:37:53.579>page 00:37:54.130 --> 00:37:54.140 align:start position:0% yes and then if we go to the next page 00:37:54.140 --> 00:37:57.849 align:start position:0% yes and then if we go to the next page it<00:37:55.140>looks <00:37:55.500>like <00:37:55.800>uh <00:37:56.460>Mr <00:37:56.820>Davis 00:37:57.849 --> 00:37:57.859 align:start position:0% it looks like uh Mr Davis 00:37:57.859 --> 00:37:59.810 align:start position:0% it looks like uh Mr Davis uh<00:37:58.859>has 00:37:59.810 --> 00:37:59.820 align:start position:0% uh has 00:37:59.820 --> 00:38:02.750 align:start position:0% uh has actually<00:38:00.420>a <00:38:00.720>page <00:38:01.440>eight 00:38:02.750 --> 00:38:02.760 align:start position:0% actually a page eight 00:38:02.760 --> 00:38:07.609 align:start position:0% actually a page eight of<00:38:03.300>the <00:38:03.480>it <00:38:04.260>looks <00:38:04.560>like <00:38:04.740>Mr <00:38:05.640>Davis <00:38:06.119>has <00:38:07.079>a 00:38:07.609 --> 00:38:07.619 align:start position:0% of the PDF it looks like Mr Davis has a 00:38:07.619 --> 00:38:11.089 align:start position:0% of the PDF it looks like Mr Davis has a royalty<00:38:08.160>interest <00:38:08.460>in <00:38:09.420>track <00:38:09.960>two <00:38:10.560>is <00:38:10.920>that 00:38:11.089 --> 00:38:11.099 align:start position:0% royalty interest in track two is that 00:38:11.099 --> 00:38:12.349 align:start position:0% royalty interest in track two is that correct 00:38:12.349 --> 00:38:12.359 align:start position:0% correct 00:38:12.359 --> 00:38:13.849 align:start position:0% correct that<00:38:12.839>is <00:38:12.960>correct 00:38:13.849 --> 00:38:13.859 align:start position:0% that is correct 00:38:13.859 --> 00:38:15.650 align:start position:0% that is correct and<00:38:14.400>and <00:38:14.460>there <00:38:14.820>are <00:38:14.940>two <00:38:15.060>entries <00:38:15.359>for <00:38:15.540>him 00:38:15.650 --> 00:38:15.660 align:start position:0% and and there are two entries for him 00:38:15.660 --> 00:38:17.569 align:start position:0% and and there are two entries for him does<00:38:15.900>that <00:38:16.079>mean <00:38:16.260>that <00:38:16.440>he <00:38:16.680>acquired <00:38:17.339>his 00:38:17.569 --> 00:38:17.579 align:start position:0% does that mean that he acquired his 00:38:17.579 --> 00:38:20.510 align:start position:0% does that mean that he acquired his interests<00:38:17.940>at <00:38:18.060>two <00:38:18.240>different <00:38:18.420>times 00:38:20.510 --> 00:38:20.520 align:start position:0% interests at two different times 00:38:20.520 --> 00:38:24.470 align:start position:0% interests at two different times uh<00:38:21.480>yes <00:38:21.839>the <00:38:22.500>the <00:38:22.740>interest <00:38:23.280>that <00:38:24.180>is 00:38:24.470 --> 00:38:24.480 align:start position:0% uh yes the the interest that is 00:38:24.480 --> 00:38:28.490 align:start position:0% uh yes the the interest that is reflected<00:38:25.280>as <00:38:26.280>uh <00:38:26.880>G <00:38:27.240>underneath <00:38:28.200>the 00:38:28.490 --> 00:38:28.500 align:start position:0% reflected as uh G underneath the 00:38:28.500 --> 00:38:30.710 align:start position:0% reflected as uh G underneath the ownership<00:38:28.920>of <00:38:29.280>track <00:38:29.520>two <00:38:29.760>would <00:38:30.240>be <00:38:30.420>an 00:38:30.710 --> 00:38:30.720 align:start position:0% ownership of track two would be an 00:38:30.720 --> 00:38:33.530 align:start position:0% ownership of track two would be an interest<00:38:30.839>that <00:38:31.260>he <00:38:31.560>inherited <00:38:32.300>and <00:38:33.300>the 00:38:33.530 --> 00:38:33.540 align:start position:0% interest that he inherited and the 00:38:33.540 --> 00:38:37.670 align:start position:0% interest that he inherited and the interest<00:38:33.720>that <00:38:34.140>is <00:38:34.320>reflected <00:38:34.859>as <00:38:35.760>H <00:38:36.240>.2 00:38:37.670 --> 00:38:37.680 align:start position:0% interest that is reflected as H .2 00:38:37.680 --> 00:38:39.770 align:start position:0% interest that is reflected as H .2 uh<00:38:38.339>underneath <00:38:38.700>the <00:38:38.880>ownership <00:38:39.180>for <00:38:39.540>track 00:38:39.770 --> 00:38:39.780 align:start position:0% uh underneath the ownership for track 00:38:39.780 --> 00:38:42.829 align:start position:0% uh underneath the ownership for track two<00:38:40.079>is <00:38:40.619>an <00:38:40.800>interest <00:38:40.980>that <00:38:41.339>was <00:38:41.520>deeded 00:38:42.829 --> 00:38:42.839 align:start position:0% two is an interest that was deeded 00:38:42.839 --> 00:38:46.430 align:start position:0% two is an interest that was deeded um<00:38:42.960>to <00:38:43.740>he <00:38:44.099>and <00:38:44.280>his <00:38:44.520>wife <00:38:44.760>okay <00:38:45.660>and <00:38:46.020>it <00:38:46.200>looks 00:38:46.430 --> 00:38:46.440 align:start position:0% um to he and his wife okay and it looks 00:38:46.440 --> 00:38:49.310 align:start position:0% um to he and his wife okay and it looks like<00:38:46.500>they <00:38:46.920>got <00:38:47.339>the <00:38:47.579>interest <00:38:47.760>by <00:38:48.240>deed <00:38:48.720>on 00:38:49.310 --> 00:38:49.320 align:start position:0% like they got the interest by deed on 00:38:49.320 --> 00:38:51.829 align:start position:0% like they got the interest by deed on 420<00:38:49.980>of <00:38:50.280>2010 00:38:51.829 --> 00:38:51.839 align:start position:0% 420 of 2010 00:38:51.839 --> 00:38:54.829 align:start position:0% 420 of 2010 that<00:38:52.380>is <00:38:52.560>correct <00:38:53.000>and <00:38:54.000>when <00:38:54.420>did <00:38:54.660>they 00:38:54.829 --> 00:38:54.839 align:start position:0% that is correct and when did they 00:38:54.839 --> 00:38:56.210 align:start position:0% that is correct and when did they inherit 00:38:56.210 --> 00:38:56.220 align:start position:0% inherit 00:38:56.220 --> 00:38:59.450 align:start position:0% inherit the<00:38:56.760>other <00:38:56.880>interest <00:38:57.119>roughly <00:38:58.079>that <00:38:59.040>that <00:38:59.099>was 00:38:59.450 --> 00:38:59.460 align:start position:0% the other interest roughly that that was 00:38:59.460 --> 00:39:02.690 align:start position:0% the other interest roughly that that was in<00:38:59.640>2008. <00:39:00.839>okay <00:39:01.260>and <00:39:01.859>this <00:39:02.099>unit <00:39:02.280>was 00:39:02.690 --> 00:39:02.700 align:start position:0% in 2008. okay and this unit was 00:39:02.700 --> 00:39:06.470 align:start position:0% in 2008. okay and this unit was originally<00:39:03.060>pulled <00:39:03.720>in <00:39:04.200>1995 <00:39:05.040>correct 00:39:06.470 --> 00:39:06.480 align:start position:0% originally pulled in 1995 correct 00:39:06.480 --> 00:39:10.010 align:start position:0% originally pulled in 1995 correct that<00:39:06.900>is <00:39:07.020>correct <00:39:07.320>so <00:39:08.099>their <00:39:08.700>predecessors <00:39:09.480>Mr 00:39:10.010 --> 00:39:10.020 align:start position:0% that is correct so their predecessors Mr 00:39:10.020 --> 00:39:13.130 align:start position:0% that is correct so their predecessors Mr Mr<00:39:10.380>Davis <00:39:10.560>predecessors <00:39:11.460>in <00:39:11.760>interest <00:39:12.140>that 00:39:13.130 --> 00:39:13.140 align:start position:0% Mr Davis predecessors in interest that 00:39:13.140 --> 00:39:15.290 align:start position:0% Mr Davis predecessors in interest that he<00:39:13.320>purchased <00:39:13.800>from <00:39:14.040>or <00:39:14.280>inherited <00:39:15.000>from 00:39:15.290 --> 00:39:15.300 align:start position:0% he purchased from or inherited from 00:39:15.300 --> 00:39:18.349 align:start position:0% he purchased from or inherited from already<00:39:16.079>had <00:39:16.619>a <00:39:16.800>royalty <00:39:17.460>interest <00:39:17.700>that <00:39:18.119>had 00:39:18.349 --> 00:39:18.359 align:start position:0% already had a royalty interest that had 00:39:18.359 --> 00:39:21.410 align:start position:0% already had a royalty interest that had been<00:39:18.540>pulled <00:39:19.040>uh <00:39:20.040>in <00:39:20.339>this <00:39:20.579>80 <00:39:20.760>acre <00:39:21.240>unit 00:39:21.410 --> 00:39:21.420 align:start position:0% been pulled uh in this 80 acre unit 00:39:21.420 --> 00:39:22.849 align:start position:0% been pulled uh in this 80 acre unit correct 00:39:22.849 --> 00:39:22.859 align:start position:0% correct 00:39:22.859 --> 00:39:26.030 align:start position:0% correct that's<00:39:23.460>correct <00:39:23.820>okay <00:39:24.480>uh <00:39:25.200>to <00:39:25.440>your <00:39:25.800>knowledge 00:39:26.030 --> 00:39:26.040 align:start position:0% that's correct okay uh to your knowledge 00:39:26.040 --> 00:39:28.730 align:start position:0% that's correct okay uh to your knowledge as<00:39:26.280>were <00:39:27.000>they <00:39:27.180>did <00:39:27.540>they <00:39:27.780>receive <00:39:28.079>royalties 00:39:28.730 --> 00:39:28.740 align:start position:0% as were they did they receive royalties 00:39:28.740 --> 00:39:31.730 align:start position:0% as were they did they receive royalties his<00:39:29.220>predecessors <00:39:29.940>and <00:39:30.119>interest 00:39:31.730 --> 00:39:31.740 align:start position:0% his predecessors and interest 00:39:31.740 --> 00:39:33.290 align:start position:0% his predecessors and interest yes 00:39:33.290 --> 00:39:33.300 align:start position:0% yes 00:39:33.300 --> 00:39:35.810 align:start position:0% yes okay<00:39:33.660>and <00:39:34.020>how <00:39:34.140>about <00:39:34.260>Mr <00:39:34.680>Davis <00:39:35.099>has <00:39:35.460>he <00:39:35.700>been 00:39:35.810 --> 00:39:35.820 align:start position:0% okay and how about Mr Davis has he been 00:39:35.820 --> 00:39:39.050 align:start position:0% okay and how about Mr Davis has he been receiving<00:39:36.300>uh <00:39:36.839>royalty 00:39:39.050 --> 00:39:39.060 align:start position:0% receiving uh royalty 00:39:39.060 --> 00:39:41.650 align:start position:0% receiving uh royalty yes<00:39:39.660>he <00:39:39.839>has <00:39:40.380>okay 00:39:41.650 --> 00:39:41.660 align:start position:0% yes he has okay 00:39:41.660 --> 00:39:43.810 align:start position:0% yes he has okay uh 00:39:43.810 --> 00:39:43.820 align:start position:0% uh 00:39:43.820 --> 00:39:47.930 align:start position:0% uh the<00:39:44.820>let's <00:39:45.180>go <00:39:45.420>back <00:39:45.839>to <00:39:46.380>the <00:39:46.859>the <00:39:47.040>exhibit <00:39:47.700>a 00:39:47.930 --> 00:39:47.940 align:start position:0% the let's go back to the the exhibit a 00:39:47.940 --> 00:39:53.089 align:start position:0% the let's go back to the the exhibit a page<00:39:48.599>five <00:39:49.280>so <00:39:50.280>if <00:39:50.700>we <00:39:50.880>look <00:39:51.060>at <00:39:51.240>page <00:39:51.660>five 00:39:53.089 --> 00:39:53.099 align:start position:0% page five so if we look at page five 00:39:53.099 --> 00:39:57.349 align:start position:0% page five so if we look at page five um<00:39:53.160>map <00:39:53.760>the <00:39:54.180>track <00:39:54.420>four <00:39:54.960>a <00:39:55.380>is <00:39:56.220>down <00:39:56.700>toward 00:39:57.349 --> 00:39:57.359 align:start position:0% um map the track four a is down toward 00:39:57.359 --> 00:39:58.430 align:start position:0% um map the track four a is down toward the 00:39:58.430 --> 00:39:58.440 align:start position:0% the 00:39:58.440 --> 00:39:59.089 align:start position:0% the um 00:39:59.089 --> 00:39:59.099 align:start position:0% um 00:39:59.099 --> 00:40:01.910 align:start position:0% um so<00:39:59.700>it <00:39:59.880>would <00:40:00.000>be <00:40:00.180>the <00:40:00.480>this <00:40:01.020>well <00:40:01.680>it's 00:40:01.910 --> 00:40:01.920 align:start position:0% so it would be the this well it's 00:40:01.920 --> 00:40:03.530 align:start position:0% so it would be the this well it's definitely<00:40:02.099>the <00:40:02.339>Eastern <00:40:02.820>portion <00:40:03.240>of <00:40:03.420>the 00:40:03.530 --> 00:40:03.540 align:start position:0% definitely the Eastern portion of the 00:40:03.540 --> 00:40:06.650 align:start position:0% definitely the Eastern portion of the unit<00:40:03.720>over <00:40:04.140>to <00:40:04.500>the <00:40:04.680>South <00:40:05.119>and <00:40:06.119>it <00:40:06.300>shows 00:40:06.650 --> 00:40:06.660 align:start position:0% unit over to the South and it shows 00:40:06.660 --> 00:40:09.650 align:start position:0% unit over to the South and it shows several<00:40:07.140>Well <00:40:07.440>locations <00:40:08.160>correct 00:40:09.650 --> 00:40:09.660 align:start position:0% several Well locations correct 00:40:09.660 --> 00:40:12.109 align:start position:0% several Well locations correct that's<00:40:10.260>correct <00:40:10.619>okay <00:40:11.339>and <00:40:11.700>that's <00:40:11.880>the 00:40:12.109 --> 00:40:12.119 align:start position:0% that's correct okay and that's the 00:40:12.119 --> 00:40:15.910 align:start position:0% that's correct okay and that's the surface<00:40:12.540>tract <00:40:12.960>that <00:40:13.619>uh <00:40:13.920>Mr <00:40:14.339>Mr <00:40:14.820>Davis <00:40:15.060>owns 00:40:15.910 --> 00:40:15.920 align:start position:0% surface tract that uh Mr Mr Davis owns 00:40:15.920 --> 00:40:19.970 align:start position:0% surface tract that uh Mr Mr Davis owns interesting<00:40:16.920>yes <00:40:17.940>yes <00:40:17.940>it <00:40:18.540>is <00:40:18.720>okay <00:40:18.960>are <00:40:19.740>any 00:40:19.970 --> 00:40:19.980 align:start position:0% interesting yes yes it is okay are any 00:40:19.980 --> 00:40:23.089 align:start position:0% interesting yes yes it is okay are any of<00:40:20.160>those <00:40:20.400>three <00:40:20.640>Wells <00:40:21.000>drilled 00:40:23.089 --> 00:40:23.099 align:start position:0% of those three Wells drilled 00:40:23.099 --> 00:40:28.069 align:start position:0% of those three Wells drilled uh<00:40:23.760>why <00:40:24.020>33c <00:40:25.020>is <00:40:25.619>a <00:40:25.980>drilled <00:40:26.460>Frack <00:40:26.940>will <00:40:27.119>okay 00:40:28.069 --> 00:40:28.079 align:start position:0% uh why 33c is a drilled Frack will okay 00:40:28.079 --> 00:40:31.970 align:start position:0% uh why 33c is a drilled Frack will okay and<00:40:28.619>the <00:40:28.740>two <00:40:28.920>other <00:40:29.099>Wells <00:40:29.400>are <00:40:29.900>y-33 <00:40:30.900>J <00:40:31.500>and <00:40:31.740>K 00:40:31.970 --> 00:40:31.980 align:start position:0% and the two other Wells are y-33 J and K 00:40:31.980 --> 00:40:33.470 align:start position:0% and the two other Wells are y-33 J and K correct 00:40:33.470 --> 00:40:33.480 align:start position:0% correct 00:40:33.480 --> 00:40:37.430 align:start position:0% correct yes<00:40:34.260>those <00:40:34.619>are <00:40:34.859>proposed <00:40:35.280>Wells <00:40:35.460>okay <00:40:36.440>uh 00:40:37.430 --> 00:40:37.440 align:start position:0% yes those are proposed Wells okay uh 00:40:37.440 --> 00:40:40.130 align:start position:0% yes those are proposed Wells okay uh based<00:40:38.099>on <00:40:38.280>uh <00:40:39.000>conversations <00:40:39.480>that <00:40:39.780>you <00:40:39.960>and 00:40:40.130 --> 00:40:40.140 align:start position:0% based on uh conversations that you and 00:40:40.140 --> 00:40:42.230 align:start position:0% based on uh conversations that you and other<00:40:40.320>people <00:40:40.619>from <00:40:41.220>your <00:40:41.400>company <00:40:41.640>have <00:40:42.000>had 00:40:42.230 --> 00:40:42.240 align:start position:0% other people from your company have had 00:40:42.240 --> 00:40:47.270 align:start position:0% other people from your company have had with<00:40:42.480>Mr <00:40:42.780>Davis <00:40:43.579>uh <00:40:44.579>well <00:40:45.240>let <00:40:45.660>me <00:40:45.839>back <00:40:46.020>up 00:40:47.270 --> 00:40:47.280 align:start position:0% with Mr Davis uh well let me back up 00:40:47.280 --> 00:40:50.329 align:start position:0% with Mr Davis uh well let me back up are<00:40:47.820>those <00:40:48.060>Wells <00:40:48.300>permitted 00:40:50.329 --> 00:40:50.339 align:start position:0% are those Wells permitted 00:40:50.339 --> 00:40:53.690 align:start position:0% are those Wells permitted no<00:40:50.880>they <00:40:51.119>are <00:40:51.240>not <00:40:51.420>okay <00:40:52.140>I <00:40:52.980>have <00:40:53.280>permanent 00:40:53.690 --> 00:40:53.700 align:start position:0% no they are not okay I have permanent 00:40:53.700 --> 00:40:57.170 align:start position:0% no they are not okay I have permanent applications<00:40:54.240>for <00:40:55.079>uh <00:40:55.740>33j <00:40:56.460>and <00:40:56.700>Kate <00:40:57.000>even 00:40:57.170 --> 00:40:57.180 align:start position:0% applications for uh 33j and Kate even 00:40:57.180 --> 00:40:58.910 align:start position:0% applications for uh 33j and Kate even been<00:40:57.480>filed 00:40:58.910 --> 00:40:58.920 align:start position:0% been filed 00:40:58.920 --> 00:41:01.550 align:start position:0% been filed no<00:40:59.400>they <00:40:59.579>have <00:40:59.700>not <00:40:59.940>okay 00:41:01.550 --> 00:41:01.560 align:start position:0% no they have not okay 00:41:01.560 --> 00:41:03.950 align:start position:0% no they have not okay based<00:41:02.160>on <00:41:02.220>conversations <00:41:02.820>that <00:41:03.240>you <00:41:03.480>and 00:41:03.950 --> 00:41:03.960 align:start position:0% based on conversations that you and 00:41:03.960 --> 00:41:05.510 align:start position:0% based on conversations that you and other<00:41:04.200>people <00:41:04.440>in <00:41:04.680>your <00:41:04.859>company <00:41:05.099>have <00:41:05.339>had 00:41:05.510 --> 00:41:05.520 align:start position:0% other people in your company have had 00:41:05.520 --> 00:41:08.150 align:start position:0% other people in your company have had with<00:41:05.760>Mr <00:41:05.940>Davis <00:41:06.300>uh 00:41:08.150 --> 00:41:08.160 align:start position:0% with Mr Davis uh 00:41:08.160 --> 00:41:10.910 align:start position:0% with Mr Davis uh you've<00:41:09.000>made <00:41:09.300>a <00:41:09.599>decision <00:41:09.960>as <00:41:10.320>to <00:41:10.500>whether <00:41:10.680>or 00:41:10.910 --> 00:41:10.920 align:start position:0% you've made a decision as to whether or 00:41:10.920 --> 00:41:13.430 align:start position:0% you've made a decision as to whether or not to<00:41:11.220>proceed <00:41:11.640>with <00:41:12.000>the <00:41:12.359>current <00:41:12.540>proposed 00:41:13.430 --> 00:41:13.440 align:start position:0% not to proceed with the current proposed 00:41:13.440 --> 00:41:16.550 align:start position:0% not to proceed with the current proposed locations<00:41:14.160>as <00:41:14.460>shown <00:41:14.820>on <00:41:15.540>uh <00:41:16.020>page <00:41:16.320>number 00:41:16.550 --> 00:41:16.560 align:start position:0% locations as shown on uh page number 00:41:16.560 --> 00:41:18.550 align:start position:0% locations as shown on uh page number five 00:41:18.550 --> 00:41:18.560 align:start position:0% five 00:41:18.560 --> 00:41:22.250 align:start position:0% five uh<00:41:19.560>no <00:41:19.859>those <00:41:20.280>locations <00:41:21.060>are <00:41:21.540>planned <00:41:21.960>to <00:41:22.079>be 00:41:22.250 --> 00:41:22.260 align:start position:0% uh no those locations are planned to be 00:41:22.260 --> 00:41:26.150 align:start position:0% uh no those locations are planned to be moved<00:41:22.740>to <00:41:23.160>another <00:41:23.339>tract 00:41:26.150 --> 00:41:26.160 align:start position:0% 00:41:26.160 --> 00:41:27.829 align:start position:0% would<00:41:26.640>it <00:41:26.820>be <00:41:26.940>safe <00:41:27.060>to <00:41:27.300>say <00:41:27.420>that <00:41:27.660>you're 00:41:27.829 --> 00:41:27.839 align:start position:0% would it be safe to say that you're 00:41:27.839 --> 00:41:32.810 align:start position:0% would it be safe to say that you're planning<00:41:28.200>on <00:41:28.320>moving <00:41:28.800>those <00:41:29.220>uh <00:41:30.119>to <00:41:30.359>the <00:41:30.540>east 00:41:32.810 --> 00:41:32.820 align:start position:0% 00:41:32.820 --> 00:41:35.390 align:start position:0% yes 00:41:35.390 --> 00:41:35.400 align:start position:0% yes 00:41:35.400 --> 00:41:38.210 align:start position:0% yes the<00:41:36.060>roads <00:41:36.480>that <00:41:36.660>I <00:41:36.839>mean <00:41:37.020>the <00:41:37.200>lines <00:41:37.740>the <00:41:38.040>pink 00:41:38.210 --> 00:41:38.220 align:start position:0% the roads that I mean the lines the pink 00:41:38.220 --> 00:41:41.690 align:start position:0% the roads that I mean the lines the pink lines<00:41:38.700>on <00:41:39.180>on <00:41:39.480>this <00:41:39.780>map <00:41:40.020>if <00:41:40.680>the <00:41:41.280>board <00:41:41.400>is 00:41:41.690 --> 00:41:41.700 align:start position:0% lines on on this map if the board is 00:41:41.700 --> 00:41:43.670 align:start position:0% lines on on this map if the board is able<00:41:41.880>to <00:41:42.000>see <00:41:42.180>them <00:41:42.359>in <00:41:42.540>color <00:41:42.780>are <00:41:43.440>those 00:41:43.670 --> 00:41:43.680 align:start position:0% able to see them in color are those 00:41:43.680 --> 00:41:45.470 align:start position:0% able to see them in color are those roads 00:41:45.470 --> 00:41:45.480 align:start position:0% roads 00:41:45.480 --> 00:41:49.250 align:start position:0% roads yes<00:41:45.960>those <00:41:46.140>are <00:41:46.320>existing <00:41:46.740>roads <00:41:47.579>okay 00:41:49.250 --> 00:41:49.260 align:start position:0% yes those are existing roads okay 00:41:49.260 --> 00:41:51.970 align:start position:0% yes those are existing roads okay and<00:41:50.099>some <00:41:50.339>of <00:41:50.520>those <00:41:50.820>existing <00:41:51.359>roads 00:41:51.970 --> 00:41:51.980 align:start position:0% and some of those existing roads 00:41:51.980 --> 00:41:54.470 align:start position:0% and some of those existing roads portions<00:41:52.980>of <00:41:53.220>those <00:41:53.460>existing <00:41:53.880>roads <00:41:54.300>are 00:41:54.470 --> 00:41:54.480 align:start position:0% portions of those existing roads are 00:41:54.480 --> 00:41:57.349 align:start position:0% portions of those existing roads are already<00:41:54.780>on <00:41:55.200>the <00:41:55.320>surface <00:41:55.680>track <00:41:55.920>correct 00:41:57.349 --> 00:41:57.359 align:start position:0% already on the surface track correct 00:41:57.359 --> 00:42:00.770 align:start position:0% already on the surface track correct yes<00:41:57.960>they <00:41:58.140>are <00:41:58.800>okay <00:41:59.400>now <00:41:59.940>when <00:42:00.119>we <00:42:00.240>if <00:42:00.420>we <00:42:00.599>look 00:42:00.770 --> 00:42:00.780 align:start position:0% yes they are okay now when we if we look 00:42:00.780 --> 00:42:03.430 align:start position:0% yes they are okay now when we if we look above<00:42:01.140>the <00:42:01.440>surface <00:42:01.740>track <00:42:02.040>to <00:42:02.339>two <00:42:02.640>track <00:42:03.000>two 00:42:03.430 --> 00:42:03.440 align:start position:0% above the surface track to two track two 00:42:03.440 --> 00:42:05.930 align:start position:0% above the surface track to two track two the<00:42:04.440>tract <00:42:04.800>in <00:42:04.980>which 00:42:05.930 --> 00:42:05.940 align:start position:0% the tract in which 00:42:05.940 --> 00:42:09.050 align:start position:0% the tract in which um Mr<00:42:06.599>Davis <00:42:06.900>and <00:42:07.260>others <00:42:07.680>obviously <00:42:08.160>have <00:42:08.880>a 00:42:09.050 --> 00:42:09.060 align:start position:0% um Mr Davis and others obviously have a 00:42:09.060 --> 00:42:11.630 align:start position:0% um Mr Davis and others obviously have a royalty<00:42:09.480>interest <00:42:09.599>there <00:42:10.200>are <00:42:10.380>no <00:42:10.740>current 00:42:11.630 --> 00:42:11.640 align:start position:0% royalty interest there are no current 00:42:11.640 --> 00:42:14.750 align:start position:0% royalty interest there are no current Wells<00:42:12.119>at <00:42:12.839>least <00:42:13.020>uh <00:42:13.440>Pocahontas <00:42:13.980>Wells <00:42:14.220>on 00:42:14.750 --> 00:42:14.760 align:start position:0% Wells at least uh Pocahontas Wells on 00:42:14.760 --> 00:42:16.670 align:start position:0% Wells at least uh Pocahontas Wells on that<00:42:14.880>track <00:42:15.060>correct 00:42:16.670 --> 00:42:16.680 align:start position:0% that track correct 00:42:16.680 --> 00:42:20.510 align:start position:0% that track correct there<00:42:17.099>are <00:42:17.280>not <00:42:17.940>and <00:42:18.480>they're <00:42:18.599>an <00:42:18.780>unproposed 00:42:20.510 --> 00:42:20.520 align:start position:0% there are not and they're an unproposed 00:42:20.520 --> 00:42:24.109 align:start position:0% there are not and they're an unproposed that's<00:42:21.000>correct <00:42:21.300>all <00:42:21.780>right 00:42:24.109 --> 00:42:24.119 align:start position:0% 00:42:24.119 --> 00:42:26.630 align:start position:0% um 00:42:26.630 --> 00:42:26.640 align:start position:0% 00:42:26.640 --> 00:42:35.030 align:start position:0% notes<00:42:27.359>Here <00:42:27.540>uh 00:42:35.030 --> 00:42:35.040 align:start position:0% 00:42:35.040 --> 00:42:40.430 align:start position:0% now<00:42:35.820>with <00:42:36.300>this <00:42:36.780>uh <00:42:37.200>application <00:42:37.859>let's <00:42:38.220>go <00:42:38.640>to 00:42:40.430 --> 00:42:40.440 align:start position:0% now with this uh application let's go to 00:42:40.440 --> 00:42:44.150 align:start position:0% now with this uh application let's go to PDF<00:42:41.160>page <00:42:41.579>10 <00:42:41.940>okay 00:42:44.150 --> 00:42:44.160 align:start position:0% PDF page 10 okay 00:42:44.160 --> 00:42:45.530 align:start position:0% PDF page 10 okay yes 00:42:45.530 --> 00:42:45.540 align:start position:0% yes 00:42:45.540 --> 00:42:49.310 align:start position:0% yes that's<00:42:46.140>a <00:42:46.380>well-cost <00:42:47.040>estimate <00:42:47.880>correct 00:42:49.310 --> 00:42:49.320 align:start position:0% that's a well-cost estimate correct 00:42:49.320 --> 00:42:52.609 align:start position:0% that's a well-cost estimate correct yes<00:42:49.859>it <00:42:50.040>is <00:42:50.220>okay <00:42:50.880>have <00:42:51.720>you <00:42:51.960>have <00:42:52.380>you 00:42:52.609 --> 00:42:52.619 align:start position:0% yes it is okay have you have you 00:42:52.619 --> 00:42:56.630 align:start position:0% yes it is okay have you have you submitted<00:42:53.339>a <00:42:53.760>revised <00:42:54.540>Testament <00:42:55.320>to 00:42:56.630 --> 00:42:56.640 align:start position:0% submitted a revised Testament to 00:42:56.640 --> 00:42:57.589 align:start position:0% submitted a revised Testament to um 00:42:57.589 --> 00:42:57.599 align:start position:0% um 00:42:57.599 --> 00:43:01.609 align:start position:0% um to<00:42:58.260>Sarah <00:42:58.500>and <00:42:59.220>and <00:42:59.400>the <00:42:59.940>division <00:43:00.300>today <00:43:01.140>I 00:43:01.609 --> 00:43:01.619 align:start position:0% to Sarah and and the division today I 00:43:01.619 --> 00:43:05.150 align:start position:0% to Sarah and and the division today I think<00:43:01.800>probably 00:43:05.150 --> 00:43:05.160 align:start position:0% 00:43:05.160 --> 00:43:06.470 align:start position:0% um 00:43:06.470 --> 00:43:06.480 align:start position:0% um 00:43:06.480 --> 00:43:09.530 align:start position:0% um yes<00:43:07.260>okay <00:43:07.980>you're <00:43:08.400>planning <00:43:08.760>to <00:43:08.940>submit <00:43:09.300>a 00:43:09.530 --> 00:43:09.540 align:start position:0% yes okay you're planning to submit a 00:43:09.540 --> 00:43:11.750 align:start position:0% yes okay you're planning to submit a revised<00:43:09.960>estimate <00:43:10.380>yes <00:43:10.740>oh <00:43:11.040>it <00:43:11.400>hasn't <00:43:11.640>gone 00:43:11.750 --> 00:43:11.760 align:start position:0% revised estimate yes oh it hasn't gone 00:43:11.760 --> 00:43:13.550 align:start position:0% revised estimate yes oh it hasn't gone out<00:43:11.940>yet <00:43:12.119>okay 00:43:13.550 --> 00:43:13.560 align:start position:0% out yet okay 00:43:13.560 --> 00:43:17.630 align:start position:0% out yet okay um<00:43:13.680>and <00:43:14.160>the <00:43:14.520>revisions <00:43:15.119>to <00:43:15.660>the <00:43:15.900>estimate 00:43:17.630 --> 00:43:17.640 align:start position:0% um and the revisions to the estimate 00:43:17.640 --> 00:43:21.290 align:start position:0% um and the revisions to the estimate um did<00:43:18.240>you <00:43:18.359>catch <00:43:18.720>an <00:43:19.560>issue <00:43:19.859>with <00:43:20.280>regard <00:43:20.880>to 00:43:21.290 --> 00:43:21.300 align:start position:0% um did you catch an issue with regard to 00:43:21.300 --> 00:43:24.710 align:start position:0% um did you catch an issue with regard to the<00:43:21.599>estimated <00:43:22.140>total <00:43:22.740>depth 00:43:24.710 --> 00:43:24.720 align:start position:0% the estimated total depth 00:43:24.720 --> 00:43:28.550 align:start position:0% the estimated total depth uh<00:43:25.440>yes <00:43:25.740>that <00:43:26.099>was <00:43:26.339>revised <00:43:27.119>to <00:43:27.660>reflect <00:43:28.079>a 00:43:28.550 --> 00:43:28.560 align:start position:0% uh yes that was revised to reflect a 00:43:28.560 --> 00:43:32.210 align:start position:0% uh yes that was revised to reflect a more<00:43:28.800>accurate <00:43:29.280>uh <00:43:30.119>depth <00:43:30.839>average <00:43:31.200>depth <00:43:31.859>of 00:43:32.210 --> 00:43:32.220 align:start position:0% more accurate uh depth average depth of 00:43:32.220 --> 00:43:35.210 align:start position:0% more accurate uh depth average depth of gobwells<00:43:33.060>being <00:43:33.240>drilled <00:43:33.720>in <00:43:33.960>this <00:43:34.079>area <00:43:34.319>okay 00:43:35.210 --> 00:43:35.220 align:start position:0% gobwells being drilled in this area okay 00:43:35.220 --> 00:43:37.849 align:start position:0% gobwells being drilled in this area okay and<00:43:35.760>what <00:43:36.119>is <00:43:36.300>the <00:43:36.660>average <00:43:36.900>of <00:43:37.319>the <00:43:37.500>existing 00:43:37.849 --> 00:43:37.859 align:start position:0% and what is the average of the existing 00:43:37.859 --> 00:43:41.530 align:start position:0% and what is the average of the existing walls<00:43:38.280>that <00:43:38.400>you <00:43:38.520>have <00:43:38.700>in <00:43:38.819>the <00:43:39.000>area 00:43:41.530 --> 00:43:41.540 align:start position:0% 00:43:41.540 --> 00:43:45.530 align:start position:0% 1838<00:43:42.540>feet <00:43:42.780>okay <00:43:43.619>so <00:43:43.859>the <00:43:44.040>revised <00:43:44.640>exhibits 00:43:45.530 --> 00:43:45.540 align:start position:0% 1838 feet okay so the revised exhibits 00:43:45.540 --> 00:43:46.730 align:start position:0% 1838 feet okay so the revised exhibits see<00:43:45.660>that <00:43:45.780>you're <00:43:45.900>going <00:43:46.079>to <00:43:46.200>be <00:43:46.260>submitting 00:43:46.730 --> 00:43:46.740 align:start position:0% see that you're going to be submitting 00:43:46.740 --> 00:43:48.650 align:start position:0% see that you're going to be submitting to<00:43:47.040>to <00:43:47.520>uh 00:43:48.650 --> 00:43:48.660 align:start position:0% to to uh 00:43:48.660 --> 00:43:51.290 align:start position:0% to to uh um<00:43:48.720>the <00:43:49.140>board <00:43:49.319>or <00:43:49.619>to <00:43:49.859>the <00:43:50.040>division <00:43:50.400>is <00:43:51.119>going 00:43:51.290 --> 00:43:51.300 align:start position:0% um the board or to the division is going 00:43:51.300 --> 00:43:54.130 align:start position:0% um the board or to the division is going to<00:43:51.420>have <00:43:51.599>as <00:43:51.960>an <00:43:52.140>estimated <00:43:52.500>total <00:43:52.920>depth 00:43:54.130 --> 00:43:54.140 align:start position:0% to have as an estimated total depth 00:43:54.140 --> 00:43:59.270 align:start position:0% to have as an estimated total depth 1838<00:43:55.140>feet <00:43:55.440>instead <00:43:56.220>of <00:43:56.900>1482 <00:43:57.900>feet 00:43:59.270 --> 00:43:59.280 align:start position:0% 1838 feet instead of 1482 feet 00:43:59.280 --> 00:44:01.190 align:start position:0% 1838 feet instead of 1482 feet that's<00:43:59.819>correct 00:44:01.190 --> 00:44:01.200 align:start position:0% that's correct 00:44:01.200 --> 00:44:04.790 align:start position:0% that's correct and<00:44:01.859>then <00:44:01.980>I <00:44:02.160>think <00:44:02.339>we <00:44:02.640>also <00:44:03.060>caught <00:44:03.480>an <00:44:04.380>error 00:44:04.790 --> 00:44:04.800 align:start position:0% and then I think we also caught an error 00:44:04.800 --> 00:44:06.470 align:start position:0% and then I think we also caught an error in<00:44:05.280>the <00:44:05.940>um 00:44:06.470 --> 00:44:06.480 align:start position:0% in the um 00:44:06.480 --> 00:44:09.530 align:start position:0% in the um in<00:44:07.079>the <00:44:07.319>in <00:44:07.619>the <00:44:07.920>Exhibit <00:44:08.339>C <00:44:08.520>that <00:44:08.819>was <00:44:09.000>filed 00:44:09.530 --> 00:44:09.540 align:start position:0% in the in the Exhibit C that was filed 00:44:09.540 --> 00:44:12.589 align:start position:0% in the in the Exhibit C that was filed and<00:44:09.900>that <00:44:10.079>would <00:44:10.380>be <00:44:10.619>that <00:44:11.099>uh <00:44:11.579>we <00:44:11.760>must <00:44:11.940>by 00:44:12.589 --> 00:44:12.599 align:start position:0% and that would be that uh we must by 00:44:12.599 --> 00:44:15.470 align:start position:0% and that would be that uh we must by mistake<00:44:13.020>included <00:44:13.740>a <00:44:13.980>sales <00:44:14.339>line 00:44:15.470 --> 00:44:15.480 align:start position:0% mistake included a sales line 00:44:15.480 --> 00:44:17.930 align:start position:0% mistake included a sales line uh<00:44:16.319>at 00:44:17.930 --> 00:44:17.940 align:start position:0% uh at 00:44:17.940 --> 00:44:20.329 align:start position:0% uh at thirty<00:44:18.660>thousand <00:44:18.960>dollars 00:44:20.329 --> 00:44:20.339 align:start position:0% thirty thousand dollars 00:44:20.339 --> 00:44:22.609 align:start position:0% thirty thousand dollars yes<00:44:21.000>and <00:44:21.540>that <00:44:21.720>would <00:44:21.839>be <00:44:21.960>a <00:44:22.140>gathering <00:44:22.440>charge 00:44:22.609 --> 00:44:22.619 align:start position:0% yes and that would be a gathering charge 00:44:22.619 --> 00:44:24.589 align:start position:0% yes and that would be a gathering charge and<00:44:22.920>shouldn't <00:44:23.280>have <00:44:23.400>been <00:44:23.640>in <00:44:23.819>this <00:44:24.060>in <00:44:24.420>this 00:44:24.589 --> 00:44:24.599 align:start position:0% and shouldn't have been in this in this 00:44:24.599 --> 00:44:26.329 align:start position:0% and shouldn't have been in this in this estimate<00:44:25.079>correct 00:44:26.329 --> 00:44:26.339 align:start position:0% estimate correct 00:44:26.339 --> 00:44:27.770 align:start position:0% estimate correct that's<00:44:26.940>correct 00:44:27.770 --> 00:44:27.780 align:start position:0% that's correct 00:44:27.780 --> 00:44:30.770 align:start position:0% that's correct and<00:44:28.500>so <00:44:28.740>what <00:44:29.040>we're <00:44:29.220>submitting <00:44:29.760>to <00:44:30.119>the <00:44:30.420>the 00:44:30.770 --> 00:44:30.780 align:start position:0% and so what we're submitting to the the 00:44:30.780 --> 00:44:34.430 align:start position:0% and so what we're submitting to the the board<00:44:31.079>to <00:44:31.500>correct <00:44:31.800>this <00:44:32.040>uh 00:44:34.430 --> 00:44:34.440 align:start position:0% board to correct this uh 00:44:34.440 --> 00:44:37.910 align:start position:0% board to correct this uh corrects<00:44:35.400>the <00:44:35.640>estimated <00:44:36.240>total <00:44:37.079>depth <00:44:37.500>and 00:44:37.910 --> 00:44:37.920 align:start position:0% corrects the estimated total depth and 00:44:37.920 --> 00:44:40.910 align:start position:0% corrects the estimated total depth and then<00:44:38.040>adjusts <00:44:38.760>the <00:44:39.180>drilling <00:44:39.960>contract <00:44:40.500>and 00:44:40.910 --> 00:44:40.920 align:start position:0% then adjusts the drilling contract and 00:44:40.920 --> 00:44:43.370 align:start position:0% then adjusts the drilling contract and other<00:44:41.160>entries <00:44:42.000>to <00:44:42.420>account <00:44:42.599>for <00:44:43.079>roughly 00:44:43.370 --> 00:44:43.380 align:start position:0% other entries to account for roughly 00:44:43.380 --> 00:44:46.490 align:start position:0% other entries to account for roughly another<00:44:43.560>400 <00:44:44.220>feet <00:44:44.520>but <00:44:45.240>also <00:44:45.660>deletes <00:44:46.260>the 00:44:46.490 --> 00:44:46.500 align:start position:0% another 400 feet but also deletes the 00:44:46.500 --> 00:44:49.130 align:start position:0% another 400 feet but also deletes the sales<00:44:46.740>line <00:44:47.040>labor <00:44:47.640>correct 00:44:49.130 --> 00:44:49.140 align:start position:0% sales line labor correct 00:44:49.140 --> 00:44:50.569 align:start position:0% sales line labor correct that's<00:44:49.619>correct 00:44:50.569 --> 00:44:50.579 align:start position:0% that's correct 00:44:50.579 --> 00:44:54.530 align:start position:0% that's correct and<00:44:51.180>and <00:44:51.740>even <00:44:52.740>having <00:44:53.099>made <00:44:53.520>those <00:44:53.880>uh 00:44:54.530 --> 00:44:54.540 align:start position:0% and and even having made those uh 00:44:54.540 --> 00:44:57.230 align:start position:0% and and even having made those uh adjustments<00:44:55.319>uh <00:44:56.280>well <00:44:56.400>well <00:44:56.640>let <00:44:56.880>me <00:44:57.000>ask <00:44:57.119>you 00:44:57.230 --> 00:44:57.240 align:start position:0% adjustments uh well well let me ask you 00:44:57.240 --> 00:44:58.970 align:start position:0% adjustments uh well well let me ask you what<00:44:57.540>is <00:44:57.660>the <00:44:57.839>total <00:44:58.140>of <00:44:58.319>the <00:44:58.500>revised 00:44:58.970 --> 00:44:58.980 align:start position:0% what is the total of the revised 00:44:58.980 --> 00:45:00.829 align:start position:0% what is the total of the revised estimate 00:45:00.829 --> 00:45:00.839 align:start position:0% estimate 00:45:00.839 --> 00:45:04.630 align:start position:0% estimate the<00:45:01.319>total <00:45:01.619>of <00:45:01.800>the <00:45:01.920>revised <00:45:02.400>estimate <00:45:02.880>is <00:45:03.180>510 00:45:04.630 --> 00:45:04.640 align:start position:0% the total of the revised estimate is 510 00:45:04.640 --> 00:45:06.770 align:start position:0% the total of the revised estimate is 510 534<00:45:05.640>dollars 00:45:06.770 --> 00:45:06.780 align:start position:0% 534 dollars 00:45:06.780 --> 00:45:10.609 align:start position:0% 534 dollars so<00:45:07.380>basically <00:45:07.800>by <00:45:08.220>increasing <00:45:08.880>the <00:45:09.240>depth <00:45:09.660>uh 00:45:10.609 --> 00:45:10.619 align:start position:0% so basically by increasing the depth uh 00:45:10.619 --> 00:45:12.650 align:start position:0% so basically by increasing the depth uh in<00:45:10.800>spite <00:45:11.040>of <00:45:11.160>the <00:45:11.280>fact <00:45:11.400>that <00:45:11.579>the <00:45:11.760>sales <00:45:12.359>line 00:45:12.650 --> 00:45:12.660 align:start position:0% in spite of the fact that the sales line 00:45:12.660 --> 00:45:15.770 align:start position:0% in spite of the fact that the sales line has<00:45:12.900>been <00:45:13.079>removed <00:45:13.500>the <00:45:14.160>the <00:45:14.400>well <00:45:14.940>cost <00:45:15.300>only 00:45:15.770 --> 00:45:15.780 align:start position:0% has been removed the the well cost only 00:45:15.780 --> 00:45:17.329 align:start position:0% has been removed the the well cost only changes<00:45:16.260>by 00:45:17.329 --> 00:45:17.339 align:start position:0% changes by 00:45:17.339 --> 00:45:20.030 align:start position:0% changes by 400<00:45:18.060>roughly 00:45:20.030 --> 00:45:20.040 align:start position:0% 400 roughly 00:45:20.040 --> 00:45:23.930 align:start position:0% 400 roughly yes<00:45:20.700>okay <00:45:21.420>that's <00:45:21.720>correct <00:45:21.900>okay <00:45:22.800>now <00:45:23.280>once 00:45:23.930 --> 00:45:23.940 align:start position:0% yes okay that's correct okay now once 00:45:23.940 --> 00:45:26.930 align:start position:0% yes okay that's correct okay now once you<00:45:24.119>change <00:45:24.599>your <00:45:25.440>well-cost <00:45:26.339>estimate 00:45:26.930 --> 00:45:26.940 align:start position:0% you change your well-cost estimate 00:45:26.940 --> 00:45:32.030 align:start position:0% you change your well-cost estimate Exhibit<00:45:27.540>C <00:45:27.900>you <00:45:28.440>also <00:45:28.980>needed <00:45:29.520>to <00:45:29.880>adjust 00:45:32.030 --> 00:45:32.040 align:start position:0% Exhibit C you also needed to adjust 00:45:32.040 --> 00:45:36.130 align:start position:0% Exhibit C you also needed to adjust and<00:45:32.760>revise <00:45:33.540>the <00:45:33.900>next <00:45:34.079>page <00:45:34.380>which <00:45:34.800>is <00:45:34.980>11 00:45:36.130 --> 00:45:36.140 align:start position:0% and revise the next page which is 11 00:45:36.140 --> 00:45:39.230 align:start position:0% and revise the next page which is 11 which<00:45:37.140>is <00:45:37.380>your <00:45:37.859>estimate <00:45:38.339>of <00:45:38.520>allowable <00:45:38.940>cost 00:45:39.230 --> 00:45:39.240 align:start position:0% which is your estimate of allowable cost 00:45:39.240 --> 00:45:42.050 align:start position:0% which is your estimate of allowable cost by<00:45:39.599>panel 00:45:42.050 --> 00:45:42.060 align:start position:0% by panel 00:45:42.060 --> 00:45:45.710 align:start position:0% by panel that<00:45:42.540>is <00:45:42.660>correct <00:45:42.960>okay <00:45:43.740>and <00:45:43.980>and <00:45:44.220>have <00:45:44.579>you <00:45:44.880>uh 00:45:45.710 --> 00:45:45.720 align:start position:0% that is correct okay and and have you uh 00:45:45.720 --> 00:45:49.250 align:start position:0% that is correct okay and and have you uh have<00:45:46.380>you <00:45:46.859>prepared <00:45:47.520>and <00:45:47.880>and <00:45:48.180>do <00:45:48.839>you <00:45:49.020>intend 00:45:49.250 --> 00:45:49.260 align:start position:0% have you prepared and and do you intend 00:45:49.260 --> 00:45:52.010 align:start position:0% have you prepared and and do you intend to<00:45:49.380>submit <00:45:49.800>that <00:45:50.099>they <00:45:50.339>revised <00:45:51.000>exhibit <00:45:51.780>and 00:45:52.010 --> 00:45:52.020 align:start position:0% to submit that they revised exhibit and 00:45:52.020 --> 00:45:53.690 align:start position:0% to submit that they revised exhibit and month 00:45:53.690 --> 00:45:53.700 align:start position:0% month 00:45:53.700 --> 00:45:57.589 align:start position:0% month yes<00:45:54.480>okay <00:45:55.380>and <00:45:55.740>and <00:45:55.740>your <00:45:56.160>revised <00:45:56.700>exhibit <00:45:57.300>M 00:45:57.589 --> 00:45:57.599 align:start position:0% yes okay and and your revised exhibit M 00:45:57.599 --> 00:46:01.390 align:start position:0% yes okay and and your revised exhibit M just<00:45:58.200>to <00:45:58.380>skip <00:45:58.619>to <00:45:58.800>the <00:45:58.980>bottom <00:45:59.280>line <00:45:59.839>uh <00:46:00.839>the 00:46:01.390 --> 00:46:01.400 align:start position:0% just to skip to the bottom line uh the 00:46:01.400 --> 00:46:07.490 align:start position:0% just to skip to the bottom line uh the uh<00:46:02.839>combination <00:46:03.839>of <00:46:04.619>costs <00:46:05.400>for <00:46:05.760>y33 <00:46:06.660>from <00:46:07.079>one 00:46:07.490 --> 00:46:07.500 align:start position:0% uh combination of costs for y33 from one 00:46:07.500 --> 00:46:09.349 align:start position:0% uh combination of costs for y33 from one to<00:46:08.040>South 00:46:09.349 --> 00:46:09.359 align:start position:0% to South 00:46:09.359 --> 00:46:14.089 align:start position:0% to South now<00:46:10.079>we <00:46:10.440>total <00:46:10.800>what <00:46:11.099>number 00:46:14.089 --> 00:46:14.099 align:start position:0% 00:46:14.099 --> 00:46:17.150 align:start position:0% the<00:46:14.640>combined <00:46:15.540>allocated <00:46:15.960>costs 00:46:17.150 --> 00:46:17.160 align:start position:0% the combined allocated costs 00:46:17.160 --> 00:46:19.849 align:start position:0% the combined allocated costs One<00:46:17.760>South <00:46:18.060>and <00:46:18.420>two <00:46:18.599>south <00:46:18.900>attributable <00:46:19.560>to 00:46:19.849 --> 00:46:19.859 align:start position:0% One South and two south attributable to 00:46:19.859 --> 00:46:23.150 align:start position:0% One South and two south attributable to unit<00:46:20.060>y33 <00:46:21.060>would <00:46:21.780>be <00:46:21.960>two <00:46:22.380>million <00:46:22.740>eight 00:46:23.150 --> 00:46:23.160 align:start position:0% unit y33 would be two million eight 00:46:23.160 --> 00:46:24.650 align:start position:0% unit y33 would be two million eight hundred<00:46:23.280>twenty <00:46:23.640>nine <00:46:23.880>thousand <00:46:24.359>three 00:46:24.650 --> 00:46:24.660 align:start position:0% hundred twenty nine thousand three 00:46:24.660 --> 00:46:26.390 align:start position:0% hundred twenty nine thousand three hundred<00:46:24.900>ninety <00:46:25.260>five <00:46:25.380>dollars <00:46:25.859>and <00:46:26.040>thirty 00:46:26.390 --> 00:46:26.400 align:start position:0% hundred ninety five dollars and thirty 00:46:26.400 --> 00:46:28.069 align:start position:0% hundred ninety five dollars and thirty cents 00:46:28.069 --> 00:46:28.079 align:start position:0% cents 00:46:28.079 --> 00:46:30.950 align:start position:0% cents that's<00:46:28.740>an <00:46:28.980>increase <00:46:29.280>I <00:46:30.000>think <00:46:30.240>of <00:46:30.720>something 00:46:30.950 --> 00:46:30.960 align:start position:0% that's an increase I think of something 00:46:30.960 --> 00:46:33.050 align:start position:0% that's an increase I think of something on<00:46:31.260>the <00:46:31.440>order <00:46:31.560>of <00:46:31.859>you <00:46:32.339>know <00:46:32.400>roughly <00:46:32.819>two 00:46:33.050 --> 00:46:33.060 align:start position:0% on the order of you know roughly two 00:46:33.060 --> 00:46:34.790 align:start position:0% on the order of you know roughly two thousand<00:46:33.480>dollars 00:46:34.790 --> 00:46:34.800 align:start position:0% thousand dollars 00:46:34.800 --> 00:46:44.270 align:start position:0% thousand dollars yes 00:46:44.270 --> 00:46:44.280 align:start position:0% 00:46:44.280 --> 00:46:46.510 align:start position:0% in<00:46:44.700>terms <00:46:45.119>of <00:46:45.240>of 00:46:46.510 --> 00:46:46.520 align:start position:0% in terms of of 00:46:46.520 --> 00:46:50.809 align:start position:0% in terms of of the<00:46:47.720>proposed <00:46:48.720>lease <00:46:49.560>terms <00:46:49.980>for <00:46:50.220>people <00:46:50.400>who 00:46:50.809 --> 00:46:50.819 align:start position:0% the proposed lease terms for people who 00:46:50.819 --> 00:46:52.970 align:start position:0% the proposed lease terms for people who might<00:46:51.000>be <00:46:51.240>deemed <00:46:51.660>to <00:46:51.780>have <00:46:51.960>been <00:46:52.200>leased <00:46:52.800>and 00:46:52.970 --> 00:46:52.980 align:start position:0% might be deemed to have been leased and 00:46:52.980 --> 00:46:54.589 align:start position:0% might be deemed to have been leased and obviously<00:46:53.339>we'll <00:46:53.640>probably <00:46:53.940>have <00:46:54.180>some <00:46:54.480>of 00:46:54.589 --> 00:46:54.599 align:start position:0% obviously we'll probably have some of 00:46:54.599 --> 00:46:56.150 align:start position:0% obviously we'll probably have some of those 00:46:56.150 --> 00:46:56.160 align:start position:0% those 00:46:56.160 --> 00:46:58.130 align:start position:0% those um<00:46:56.280>although <00:46:56.760>not <00:46:56.940>for <00:46:57.119>sure <00:46:57.300>but <00:46:57.720>what <00:46:58.079>what 00:46:58.130 --> 00:46:58.140 align:start position:0% um although not for sure but what what 00:46:58.140 --> 00:47:00.710 align:start position:0% um although not for sure but what what would<00:46:58.500>those <00:46:58.680>terms <00:46:59.040>be 00:47:00.710 --> 00:47:00.720 align:start position:0% would those terms be 00:47:00.720 --> 00:47:03.530 align:start position:0% would those terms be those<00:47:01.260>terms <00:47:01.619>would <00:47:01.800>be <00:47:02.040>uh <00:47:02.760>paid <00:47:03.060>at <00:47:03.300>five 00:47:03.530 --> 00:47:03.540 align:start position:0% those terms would be uh paid at five 00:47:03.540 --> 00:47:06.290 align:start position:0% those terms would be uh paid at five dollars<00:47:04.020>per <00:47:04.319>acre <00:47:04.740>per <00:47:05.040>year <00:47:05.280>with <00:47:06.119>a 00:47:06.290 --> 00:47:06.300 align:start position:0% dollars per acre per year with a 00:47:06.300 --> 00:47:10.430 align:start position:0% dollars per acre per year with a five-year<00:47:07.200>prepaid <00:47:08.099>term <00:47:08.780>and <00:47:09.780>12 <00:47:10.020>and <00:47:10.260>a <00:47:10.440>half 00:47:10.430 --> 00:47:10.440 align:start position:0% five-year prepaid term and 12 and a half 00:47:10.440 --> 00:47:17.089 align:start position:0% five-year prepaid term and 12 and a half percent<00:47:10.680>or <00:47:11.460>one-eighth <00:47:12.000>royalty 00:47:17.089 --> 00:47:17.099 align:start position:0% 00:47:17.099 --> 00:47:20.210 align:start position:0% it<00:47:17.460>looks <00:47:17.940>like <00:47:18.060>escrow <00:47:18.660>is <00:47:19.140>not <00:47:19.440>required <00:47:19.980>for 00:47:20.210 --> 00:47:20.220 align:start position:0% it looks like escrow is not required for 00:47:20.220 --> 00:47:22.250 align:start position:0% it looks like escrow is not required for this<00:47:20.339>unit <00:47:20.579>is <00:47:20.819>that <00:47:21.000>correct 00:47:22.250 --> 00:47:22.260 align:start position:0% this unit is that correct 00:47:22.260 --> 00:47:24.470 align:start position:0% this unit is that correct that's<00:47:22.859>correct 00:47:24.470 --> 00:47:24.480 align:start position:0% that's correct 00:47:24.480 --> 00:47:27.650 align:start position:0% that's correct so<00:47:24.900>you'll <00:47:25.319>be <00:47:25.440>able <00:47:25.680>to <00:47:25.859>pay 00:47:27.650 --> 00:47:27.660 align:start position:0% so you'll be able to pay 00:47:27.660 --> 00:47:30.410 align:start position:0% so you'll be able to pay um<00:47:28.140>you <00:47:28.740>know <00:47:28.800>if <00:47:28.920>the <00:47:29.460>application <00:47:29.880>is <00:47:30.119>is 00:47:30.410 --> 00:47:30.420 align:start position:0% um you know if the application is is 00:47:30.420 --> 00:47:32.690 align:start position:0% um you know if the application is is approved<00:47:31.380>you'll <00:47:31.619>be <00:47:31.740>able <00:47:31.920>to <00:47:32.040>pay <00:47:32.339>with 00:47:32.690 --> 00:47:32.700 align:start position:0% approved you'll be able to pay with 00:47:32.700 --> 00:47:35.450 align:start position:0% approved you'll be able to pay with regard<00:47:33.119>to <00:47:33.359>you <00:47:34.079>know <00:47:34.140>consistent <00:47:35.099>with <00:47:35.339>the 00:47:35.450 --> 00:47:35.460 align:start position:0% regard to you know consistent with the 00:47:35.460 --> 00:47:38.870 align:start position:0% regard to you know consistent with the new<00:47:35.640>mapping <00:47:36.060>uh <00:47:37.020>for <00:47:37.200>Frac <00:47:37.680>production <00:47:38.099>uh 00:47:38.870 --> 00:47:38.880 align:start position:0% new mapping uh for Frac production uh 00:47:38.880 --> 00:47:40.430 align:start position:0% new mapping uh for Frac production uh which<00:47:39.060>will <00:47:39.240>continue <00:47:39.480>for <00:47:39.900>some <00:47:40.020>period <00:47:40.319>of 00:47:40.430 --> 00:47:40.440 align:start position:0% which will continue for some period of 00:47:40.440 --> 00:47:44.930 align:start position:0% which will continue for some period of time<00:47:40.619>and <00:47:41.099>then <00:47:41.220>once <00:47:41.819>uh <00:47:42.380>the <00:47:43.380>uh <00:47:43.920>the <00:47:44.579>sealed 00:47:44.930 --> 00:47:44.940 align:start position:0% time and then once uh the uh the sealed 00:47:44.940 --> 00:47:48.349 align:start position:0% time and then once uh the uh the sealed Gob<00:47:45.240>or <00:47:45.540>the <00:47:45.780>uh <00:47:46.380>active <00:47:47.099>production <00:47:47.940>from 00:47:48.349 --> 00:47:48.359 align:start position:0% Gob or the uh active production from 00:47:48.359 --> 00:47:50.450 align:start position:0% Gob or the uh active production from these<00:47:48.660>units <00:47:49.020>uh <00:47:49.500>you've <00:47:49.800>provided <00:47:50.280>a 00:47:50.450 --> 00:47:50.460 align:start position:0% these units uh you've provided a 00:47:50.460 --> 00:47:52.490 align:start position:0% these units uh you've provided a division<00:47:50.819>of <00:47:51.000>interest <00:47:51.180>for <00:47:51.599>one <00:47:51.900>South <00:47:52.200>and 00:47:52.490 --> 00:47:52.500 align:start position:0% division of interest for one South and 00:47:52.500 --> 00:47:55.069 align:start position:0% division of interest for one South and two<00:47:52.740>south <00:47:52.980>and <00:47:53.819>the <00:47:54.000>royalty <00:47:54.420>payments <00:47:54.900>will 00:47:55.069 --> 00:47:55.079 align:start position:0% two south and the royalty payments will 00:47:55.079 --> 00:47:56.569 align:start position:0% two south and the royalty payments will be<00:47:55.200>made <00:47:55.380>and <00:47:55.619>consistent <00:47:56.099>with <00:47:56.339>those 00:47:56.569 --> 00:47:56.579 align:start position:0% be made and consistent with those 00:47:56.579 --> 00:47:59.809 align:start position:0% be made and consistent with those percentages<00:47:57.180>on <00:47:57.540>exhibit <00:47:58.020>B3 <00:47:58.380>right 00:47:59.809 --> 00:47:59.819 align:start position:0% percentages on exhibit B3 right 00:47:59.819 --> 00:48:03.170 align:start position:0% percentages on exhibit B3 right that's<00:48:00.420>correct <00:48:00.780>and <00:48:01.680>people <00:48:01.920>who <00:48:02.339>uh <00:48:03.000>you 00:48:03.170 --> 00:48:03.180 align:start position:0% that's correct and people who uh you 00:48:03.180 --> 00:48:06.829 align:start position:0% that's correct and people who uh you know<00:48:03.300>who <00:48:03.720>are <00:48:03.839>being <00:48:04.079>fooled <00:48:04.760>uh <00:48:05.760>can <00:48:06.300>use <00:48:06.540>the 00:48:06.829 --> 00:48:06.839 align:start position:0% know who are being fooled uh can use the 00:48:06.839 --> 00:48:09.170 align:start position:0% know who are being fooled uh can use the percentages<00:48:07.319>that <00:48:07.800>are <00:48:07.920>stated <00:48:08.280>in <00:48:08.520>exhibit 00:48:09.170 --> 00:48:09.180 align:start position:0% percentages that are stated in exhibit 00:48:09.180 --> 00:48:12.770 align:start position:0% percentages that are stated in exhibit B3<00:48:09.720>uh <00:48:10.680>opposite <00:48:11.160>their <00:48:11.400>names <00:48:11.640>and <00:48:12.180>addresses 00:48:12.770 --> 00:48:12.780 align:start position:0% B3 uh opposite their names and addresses 00:48:12.780 --> 00:48:15.650 align:start position:0% B3 uh opposite their names and addresses to<00:48:13.380>multiply <00:48:13.980>those <00:48:14.220>percentages <00:48:14.760>times <00:48:15.300>the 00:48:15.650 --> 00:48:15.660 align:start position:0% to multiply those percentages times the 00:48:15.660 --> 00:48:17.569 align:start position:0% to multiply those percentages times the estimated<00:48:16.079>allowable <00:48:16.680>cost <00:48:17.040>and <00:48:17.339>they'll 00:48:17.569 --> 00:48:17.579 align:start position:0% estimated allowable cost and they'll 00:48:17.579 --> 00:48:21.849 align:start position:0% estimated allowable cost and they'll come<00:48:17.760>up <00:48:17.940>with <00:48:18.300>the <00:48:18.720>uh <00:48:19.619>the <00:48:20.040>required <00:48:20.640>uh 00:48:21.849 --> 00:48:21.859 align:start position:0% come up with the uh the required uh 00:48:21.859 --> 00:48:24.770 align:start position:0% come up with the uh the required uh deposit<00:48:22.859>against <00:48:23.339>participation <00:48:24.240>if <00:48:24.599>they 00:48:24.770 --> 00:48:24.780 align:start position:0% deposit against participation if they 00:48:24.780 --> 00:48:26.870 align:start position:0% deposit against participation if they choose<00:48:25.020>to <00:48:25.140>participate 00:48:26.870 --> 00:48:26.880 align:start position:0% choose to participate 00:48:26.880 --> 00:48:30.950 align:start position:0% choose to participate that's<00:48:27.480>correct 00:48:30.950 --> 00:48:30.960 align:start position:0% 00:48:30.960 --> 00:48:36.650 align:start position:0% your<00:48:31.800>opinion <00:48:32.280>that <00:48:33.020>uh <00:48:34.040>allowing <00:48:35.040>uh <00:48:36.180>or 00:48:36.650 --> 00:48:36.660 align:start position:0% your opinion that uh allowing uh or 00:48:36.660 --> 00:48:38.750 align:start position:0% your opinion that uh allowing uh or re-pooling<00:48:37.440>this <00:48:37.680>unit 00:48:38.750 --> 00:48:38.760 align:start position:0% re-pooling this unit 00:48:38.760 --> 00:48:43.609 align:start position:0% re-pooling this unit uh<00:48:39.359>to <00:48:39.660>provide <00:48:40.079>for <00:48:40.800>uh <00:48:42.240>under <00:48:42.720>under <00:48:42.839>Oakwood 00:48:43.609 --> 00:48:43.619 align:start position:0% uh to provide for uh under under Oakwood 00:48:43.619 --> 00:48:49.790 align:start position:0% uh to provide for uh under under Oakwood two<00:48:44.040>is <00:48:44.700>is <00:48:45.000>a <00:48:45.540>further <00:48:46.079>way <00:48:46.859>to <00:48:47.460>protect <00:48:47.880>uh 00:48:49.790 --> 00:48:49.800 align:start position:0% two is is a further way to protect uh 00:48:49.800 --> 00:48:52.730 align:start position:0% two is is a further way to protect uh minors<00:48:50.640>and <00:48:50.940>and <00:48:51.180>Mining <00:48:51.780>operations <00:48:52.200>by 00:48:52.730 --> 00:48:52.740 align:start position:0% minors and and Mining operations by 00:48:52.740 --> 00:48:55.910 align:start position:0% minors and and Mining operations by degassing<00:48:53.579>in <00:48:53.880>advance <00:48:54.180>of <00:48:54.540>mining 00:48:55.910 --> 00:48:55.920 align:start position:0% degassing in advance of mining 00:48:55.920 --> 00:48:59.930 align:start position:0% degassing in advance of mining yes<00:48:56.760>and <00:48:57.599>is <00:48:57.839>it <00:48:58.020>your <00:48:58.200>opinion <00:48:58.560>that <00:48:58.859>if <00:48:59.220>you 00:48:59.930 --> 00:48:59.940 align:start position:0% yes and is it your opinion that if you 00:48:59.940 --> 00:49:02.569 align:start position:0% yes and is it your opinion that if you combine<00:49:00.420>the <00:49:00.900>ownership <00:49:01.380>interests <00:49:02.040>and <00:49:02.400>the 00:49:02.569 --> 00:49:02.579 align:start position:0% combine the ownership interests and the 00:49:02.579 --> 00:49:04.790 align:start position:0% combine the ownership interests and the leasehold<00:49:03.000>interest <00:49:03.420>that <00:49:03.839>Pocahontas <00:49:04.560>has 00:49:04.790 --> 00:49:04.800 align:start position:0% leasehold interest that Pocahontas has 00:49:04.800 --> 00:49:07.130 align:start position:0% leasehold interest that Pocahontas has acquired<00:49:05.339>with <00:49:06.300>the <00:49:06.420>rights <00:49:06.720>of <00:49:06.839>the <00:49:06.960>people 00:49:07.130 --> 00:49:07.140 align:start position:0% acquired with the rights of the people 00:49:07.140 --> 00:49:09.770 align:start position:0% acquired with the rights of the people who<00:49:07.440>are <00:49:07.560>being <00:49:07.859>pooled <00:49:08.339>under <00:49:08.579>this <00:49:09.060>if <00:49:09.599>this 00:49:09.770 --> 00:49:09.780 align:start position:0% who are being pooled under this if this 00:49:09.780 --> 00:49:12.710 align:start position:0% who are being pooled under this if this if<00:49:10.079>this <00:49:10.319>application <00:49:10.800>is <00:49:11.339>is <00:49:11.520>granted <00:49:12.119>if <00:49:12.480>you 00:49:12.710 --> 00:49:12.720 align:start position:0% if this application is is granted if you 00:49:12.720 --> 00:49:15.170 align:start position:0% if this application is is granted if you combine<00:49:13.079>those <00:49:13.440>uh <00:49:14.099>the <00:49:14.339>correlative <00:49:14.760>rights 00:49:15.170 --> 00:49:15.180 align:start position:0% combine those uh the correlative rights 00:49:15.180 --> 00:49:17.030 align:start position:0% combine those uh the correlative rights of<00:49:15.359>all <00:49:15.599>owners <00:49:15.900>of <00:49:16.079>The <00:49:16.200>Colbert <00:49:16.560>methane 00:49:17.030 --> 00:49:17.040 align:start position:0% of all owners of The Colbert methane 00:49:17.040 --> 00:49:19.430 align:start position:0% of all owners of The Colbert methane here<00:49:17.280>will <00:49:17.520>be <00:49:17.700>protected 00:49:19.430 --> 00:49:19.440 align:start position:0% here will be protected 00:49:19.440 --> 00:49:21.170 align:start position:0% here will be protected yes 00:49:21.170 --> 00:49:21.180 align:start position:0% yes 00:49:21.180 --> 00:49:25.370 align:start position:0% yes I<00:49:21.240>think <00:49:21.720>that's <00:49:22.079>all <00:49:22.619>I <00:49:22.920>have <00:49:23.099>Mr <00:49:23.520>chairman 00:49:25.370 --> 00:49:25.380 align:start position:0% I think that's all I have Mr chairman 00:49:25.380 --> 00:49:29.569 align:start position:0% I think that's all I have Mr chairman any<00:49:25.800>questions <00:49:26.160>from <00:49:26.579>Mrs <00:49:26.819>Schwartz 00:49:29.569 --> 00:49:29.579 align:start position:0% 00:49:29.579 --> 00:49:32.870 align:start position:0% just<00:49:30.180>uh <00:49:30.420>one <00:49:30.660>question <00:49:30.960>of <00:49:31.200>clarification <00:49:31.880>on 00:49:32.870 --> 00:49:32.880 align:start position:0% just uh one question of clarification on 00:49:32.880 --> 00:49:34.730 align:start position:0% just uh one question of clarification on the<00:49:33.060>whales <00:49:33.359>are <00:49:33.660>involved <00:49:34.440>in <00:49:34.560>this 00:49:34.730 --> 00:49:34.740 align:start position:0% the whales are involved in this 00:49:34.740 --> 00:49:37.790 align:start position:0% the whales are involved in this reproving<00:49:35.280>application <00:49:35.819>the <00:49:36.780>page 00:49:37.790 --> 00:49:37.800 align:start position:0% reproving application the page 00:49:37.800 --> 00:50:00.230 align:start position:0% reproving application the page I<00:49:38.460>see <00:49:38.700>my <00:49:39.240>page <00:49:39.540>here 00:50:00.230 --> 00:50:00.240 align:start position:0% 00:50:00.240 --> 00:50:04.910 align:start position:0% this<00:50:00.839>only <00:50:00.960>applies <00:50:01.380>to <00:50:01.560>Wells <00:50:01.800>y33 <00:50:02.640>e <00:50:03.300>j <00:50:03.599>g <00:50:04.200>h <00:50:04.500>i 00:50:04.910 --> 00:50:04.920 align:start position:0% this only applies to Wells y33 e j g h i 00:50:04.920 --> 00:50:06.230 align:start position:0% this only applies to Wells y33 e j g h i j<00:50:05.160>and <00:50:05.400>k 00:50:06.230 --> 00:50:06.240 align:start position:0% j and k 00:50:06.240 --> 00:50:08.150 align:start position:0% j and k to<00:50:06.599>the <00:50:06.900>three <00:50:07.020>Frack <00:50:07.440>whales <00:50:07.800>that <00:50:07.980>already 00:50:08.150 --> 00:50:08.160 align:start position:0% to the three Frack whales that already 00:50:08.160 --> 00:50:10.370 align:start position:0% to the three Frack whales that already drilled<00:50:08.579>that <00:50:08.760>are <00:50:08.880>represented <00:50:09.420>on 00:50:10.370 --> 00:50:10.380 align:start position:0% drilled that are represented on 00:50:10.380 --> 00:50:11.870 align:start position:0% drilled that are represented on page<00:50:10.800>five 00:50:11.870 --> 00:50:11.880 align:start position:0% page five 00:50:11.880 --> 00:50:15.109 align:start position:0% page five y-33<00:50:12.839>a <00:50:13.079>b <00:50:13.260>and <00:50:13.440>c <00:50:13.680>those <00:50:14.579>those <00:50:14.880>aren't 00:50:15.109 --> 00:50:15.119 align:start position:0% y-33 a b and c those those aren't 00:50:15.119 --> 00:50:16.790 align:start position:0% y-33 a b and c those those aren't impacted<00:50:15.599>by <00:50:15.780>this <00:50:15.900>order <00:50:16.140>at <00:50:16.319>all <00:50:16.500>correct 00:50:16.790 --> 00:50:16.800 align:start position:0% impacted by this order at all correct 00:50:16.800 --> 00:50:18.790 align:start position:0% impacted by this order at all correct it's<00:50:16.980>just <00:50:17.160>the <00:50:17.339>other <00:50:17.400>Wells 00:50:18.790 --> 00:50:18.800 align:start position:0% it's just the other Wells 00:50:18.800 --> 00:50:22.550 align:start position:0% it's just the other Wells correctly<00:50:19.800>except <00:50:20.700>to <00:50:20.940>the <00:50:21.119>extent <00:50:21.599>that 00:50:22.550 --> 00:50:22.560 align:start position:0% correctly except to the extent that 00:50:22.560 --> 00:50:24.470 align:start position:0% correctly except to the extent that we've<00:50:22.859>done <00:50:22.980>some <00:50:23.220>remapping <00:50:23.880>so <00:50:24.180>we're <00:50:24.359>going 00:50:24.470 --> 00:50:24.480 align:start position:0% we've done some remapping so we're going 00:50:24.480 --> 00:50:26.329 align:start position:0% we've done some remapping so we're going to<00:50:24.599>have <00:50:24.720>to <00:50:24.839>go <00:50:25.079>back <00:50:25.260>to <00:50:25.500>the <00:50:25.619>beginning <00:50:25.859>of 00:50:26.329 --> 00:50:26.339 align:start position:0% to have to go back to the beginning of 00:50:26.339 --> 00:50:28.430 align:start position:0% to have to go back to the beginning of time<00:50:26.520>and <00:50:26.760>adjust <00:50:26.940>the <00:50:27.300>percentages <00:50:27.960>and 00:50:28.430 --> 00:50:28.440 align:start position:0% time and adjust the percentages and 00:50:28.440 --> 00:50:30.589 align:start position:0% time and adjust the percentages and bring<00:50:28.619>them <00:50:28.800>forward 00:50:30.589 --> 00:50:30.599 align:start position:0% bring them forward 00:50:30.599 --> 00:50:33.890 align:start position:0% bring them forward in<00:50:31.079>terms <00:50:31.260>of <00:50:31.380>royalty <00:50:31.859>farming 00:50:33.890 --> 00:50:33.900 align:start position:0% in terms of royalty farming 00:50:33.900 --> 00:50:36.230 align:start position:0% in terms of royalty farming yeah<00:50:34.200>I <00:50:34.500>understand <00:50:34.680>that <00:50:35.099>so <00:50:35.460>okay <00:50:35.700>but <00:50:36.060>other 00:50:36.230 --> 00:50:36.240 align:start position:0% yeah I understand that so okay but other 00:50:36.240 --> 00:50:38.690 align:start position:0% yeah I understand that so okay but other than<00:50:36.420>other <00:50:36.720>than <00:50:37.020>that <00:50:37.260>those <00:50:37.859>pre-existing 00:50:38.690 --> 00:50:38.700 align:start position:0% than other than that those pre-existing 00:50:38.700 --> 00:50:43.069 align:start position:0% than other than that those pre-existing freckles<00:50:39.300>are <00:50:39.540>not <00:50:39.660>affected <00:50:40.079>by <00:50:40.260>this <00:50:40.440>order 00:50:43.069 --> 00:50:43.079 align:start position:0% 00:50:43.079 --> 00:50:46.849 align:start position:0% okay<00:50:44.119>is <00:50:45.119>that <00:50:45.300>is <00:50:45.540>that <00:50:45.720>what <00:50:45.900>you <00:50:46.140>were <00:50:46.319>or <00:50:46.680>am 00:50:46.849 --> 00:50:46.859 align:start position:0% okay is that is that what you were or am 00:50:46.859 --> 00:50:48.109 align:start position:0% okay is that is that what you were or am I<00:50:47.040>not 00:50:48.109 --> 00:50:48.119 align:start position:0% I not 00:50:48.119 --> 00:50:50.329 align:start position:0% I not yeah<00:50:48.660>I <00:50:48.839>think <00:50:48.900>so <00:50:49.079>I <00:50:49.440>I <00:50:49.559>just <00:50:49.980>want <00:50:50.099>to <00:50:50.220>make 00:50:50.329 --> 00:50:50.339 align:start position:0% yeah I think so I I just want to make 00:50:50.339 --> 00:50:52.190 align:start position:0% yeah I think so I I just want to make sure<00:50:50.460>why <00:50:50.940>they <00:50:51.119>weren't <00:50:51.240>listed <00:50:51.660>on <00:50:51.900>the <00:50:52.079>uh 00:50:52.190 --> 00:50:52.200 align:start position:0% sure why they weren't listed on the uh 00:50:52.200 --> 00:50:54.650 align:start position:0% sure why they weren't listed on the uh the<00:50:52.559>order <00:50:52.619>itself <00:50:53.040>if <00:50:53.400>they <00:50:53.819>will <00:50:54.000>be <00:50:54.300>in <00:50:54.480>fact 00:50:54.650 --> 00:50:54.660 align:start position:0% the order itself if they will be in fact 00:50:54.660 --> 00:50:56.630 align:start position:0% the order itself if they will be in fact okay<00:50:55.200>if <00:50:55.680>their <00:50:55.800>their <00:50:56.040>percentages <00:50:56.400>are 00:50:56.630 --> 00:50:56.640 align:start position:0% okay if their their percentages are 00:50:56.640 --> 00:50:58.910 align:start position:0% okay if their their percentages are going<00:50:56.819>to <00:50:56.940>change <00:50:57.059>also 00:50:58.910 --> 00:50:58.920 align:start position:0% going to change also 00:50:58.920 --> 00:51:00.650 align:start position:0% going to change also those<00:50:59.579>three <00:50:59.819>Wells 00:51:00.650 --> 00:51:00.660 align:start position:0% those three Wells 00:51:00.660 --> 00:51:03.290 align:start position:0% those three Wells the<00:51:01.200>percentages <00:51:01.920>while <00:51:02.460>they <00:51:02.700>are <00:51:02.880>Frack 00:51:03.290 --> 00:51:03.300 align:start position:0% the percentages while they are Frack 00:51:03.300 --> 00:51:06.170 align:start position:0% the percentages while they are Frack Wells<00:51:03.559>because <00:51:04.559>the <00:51:04.920>mapping <00:51:05.339>has <00:51:05.700>changed 00:51:06.170 --> 00:51:06.180 align:start position:0% Wells because the mapping has changed 00:51:06.180 --> 00:51:10.849 align:start position:0% Wells because the mapping has changed their<00:51:07.140>frac <00:51:07.920>es <00:51:08.579>will <00:51:08.880>change <00:51:09.180>okay 00:51:10.849 --> 00:51:10.859 align:start position:0% their frac es will change okay 00:51:10.859 --> 00:51:14.750 align:start position:0% their frac es will change okay once<00:51:11.760>there <00:51:12.000>is <00:51:12.240>production <00:51:12.780>from <00:51:13.200>the <00:51:13.559>panels 00:51:14.750 --> 00:51:14.760 align:start position:0% once there is production from the panels 00:51:14.760 --> 00:51:17.750 align:start position:0% once there is production from the panels the<00:51:15.480>percentage <00:51:16.020>will <00:51:16.319>shift <00:51:16.619>out <00:51:17.040>of <00:51:17.280>the 00:51:17.750 --> 00:51:17.760 align:start position:0% the percentage will shift out of the 00:51:17.760 --> 00:51:20.870 align:start position:0% the percentage will shift out of the frackwell<00:51:18.300>production <00:51:18.839>column <00:51:19.500>into <00:51:20.160>the 00:51:20.870 --> 00:51:20.880 align:start position:0% frackwell production column into the 00:51:20.880 --> 00:51:23.390 align:start position:0% frackwell production column into the division<00:51:21.720>of <00:51:22.020>interest <00:51:22.200>in <00:51:22.559>the <00:51:22.800>two <00:51:22.920>panels 00:51:23.390 --> 00:51:23.400 align:start position:0% division of interest in the two panels 00:51:23.400 --> 00:51:26.630 align:start position:0% division of interest in the two panels okay<00:51:24.300>so <00:51:24.960>there's <00:51:25.200>a <00:51:25.440>it's 00:51:26.630 --> 00:51:26.640 align:start position:0% okay so there's a it's 00:51:26.640 --> 00:51:29.450 align:start position:0% okay so there's a it's yes<00:51:27.240>their <00:51:27.540>percentages <00:51:27.960>will <00:51:28.440>change <00:51:28.859>but 00:51:29.450 --> 00:51:29.460 align:start position:0% yes their percentages will change but 00:51:29.460 --> 00:51:31.309 align:start position:0% yes their percentages will change but they're 00:51:31.309 --> 00:51:31.319 align:start position:0% they're 00:51:31.319 --> 00:51:33.710 align:start position:0% they're interest<00:51:31.859>in <00:51:32.220>the <00:51:32.400>Frack <00:51:32.760>wells <00:51:32.940>will <00:51:33.359>remain 00:51:33.710 --> 00:51:33.720 align:start position:0% interest in the Frack wells will remain 00:51:33.720 --> 00:51:35.630 align:start position:0% interest in the Frack wells will remain the<00:51:33.960>same <00:51:34.200>I <00:51:34.559>mean <00:51:34.740>they'll <00:51:34.920>still <00:51:35.160>have <00:51:35.400>a 00:51:35.630 --> 00:51:35.640 align:start position:0% the same I mean they'll still have a 00:51:35.640 --> 00:51:37.910 align:start position:0% the same I mean they'll still have a royalty<00:51:36.359>interest <00:51:36.540>but <00:51:36.960>it <00:51:37.140>is <00:51:37.319>a <00:51:37.500>bit <00:51:37.619>of <00:51:37.800>a 00:51:37.910 --> 00:51:37.920 align:start position:0% royalty interest but it is a bit of a 00:51:37.920 --> 00:51:39.530 align:start position:0% royalty interest but it is a bit of a moving<00:51:38.280>Target <00:51:38.460>because <00:51:38.819>of <00:51:39.059>the <00:51:39.180>mapping 00:51:39.530 --> 00:51:39.540 align:start position:0% moving Target because of the mapping 00:51:39.540 --> 00:51:42.470 align:start position:0% moving Target because of the mapping otherwise<00:51:39.900>I <00:51:40.140>would <00:51:40.260>just <00:51:40.380>say <00:51:40.559>no <00:51:40.800>okay 00:51:42.470 --> 00:51:42.480 align:start position:0% otherwise I would just say no okay 00:51:42.480 --> 00:51:46.670 align:start position:0% otherwise I would just say no okay okay<00:51:43.079>I <00:51:43.920>will <00:51:44.160>also <00:51:44.460>add <00:51:44.700>that <00:51:44.940>well <00:51:45.240>well <00:51:45.680>y33a 00:51:46.670 --> 00:51:46.680 align:start position:0% okay I will also add that well well y33a 00:51:46.680 --> 00:51:51.890 align:start position:0% okay I will also add that well well y33a is<00:51:47.280>plugged <00:51:47.819>and <00:51:48.859>y33b <00:51:49.859>and <00:51:50.160>c <00:51:50.400>will <00:51:51.300>also <00:51:51.720>be 00:51:51.890 --> 00:51:51.900 align:start position:0% is plugged and y33b and c will also be 00:51:51.900 --> 00:51:55.370 align:start position:0% is plugged and y33b and c will also be plugged<00:51:52.440>when <00:51:52.980>mining <00:51:53.520>uh <00:51:54.359>requires <00:51:55.020>us <00:51:55.140>to 00:51:55.370 --> 00:51:55.380 align:start position:0% plugged when mining uh requires us to 00:51:55.380 --> 00:51:57.170 align:start position:0% plugged when mining uh requires us to plug<00:51:55.500>those 00:51:57.170 --> 00:51:57.180 align:start position:0% plug those 00:51:57.180 --> 00:51:59.510 align:start position:0% plug those okay<00:51:57.599>there <00:51:57.839>are <00:51:58.020>two <00:51:58.680>active <00:51:59.040>Minds <00:51:59.400>that 00:51:59.510 --> 00:51:59.520 align:start position:0% okay there are two active Minds that 00:51:59.520 --> 00:52:01.250 align:start position:0% okay there are two active Minds that were<00:51:59.640>paying <00:51:59.880>royalties <00:52:00.240>on <00:52:00.420>it <00:52:00.599>or <00:52:00.780>not <00:52:01.020>mines 00:52:01.250 --> 00:52:01.260 align:start position:0% were paying royalties on it or not mines 00:52:01.260 --> 00:52:02.809 align:start position:0% were paying royalties on it or not mines two<00:52:01.680>active <00:52:01.920>Wells <00:52:02.220>that <00:52:02.520>we're <00:52:02.640>paying 00:52:02.809 --> 00:52:02.819 align:start position:0% two active Wells that we're paying 00:52:02.819 --> 00:52:05.030 align:start position:0% two active Wells that we're paying royalty<00:52:03.359>sign <00:52:03.540>at <00:52:03.780>the <00:52:03.839>moment 00:52:05.030 --> 00:52:05.040 align:start position:0% royalty sign at the moment 00:52:05.040 --> 00:52:06.410 align:start position:0% royalty sign at the moment correct 00:52:06.410 --> 00:52:06.420 align:start position:0% correct 00:52:06.420 --> 00:52:09.290 align:start position:0% correct okay<00:52:06.900>just <00:52:07.079>want <00:52:07.319>to <00:52:07.440>clarify <00:52:07.680>that <00:52:07.920>okay <00:52:08.760>yes 00:52:09.290 --> 00:52:09.300 align:start position:0% okay just want to clarify that okay yes 00:52:09.300 --> 00:52:11.210 align:start position:0% okay just want to clarify that okay yes any<00:52:09.660>other <00:52:09.960>questions 00:52:11.210 --> 00:52:11.220 align:start position:0% any other questions 00:52:11.220 --> 00:52:14.750 align:start position:0% any other questions I<00:52:11.940>have <00:52:12.059>a <00:52:12.180>couple <00:52:12.300>on <00:52:12.780>Exhibit <00:52:13.440>C <00:52:13.740>uh <00:52:14.520>Mr 00:52:14.750 --> 00:52:14.760 align:start position:0% I have a couple on Exhibit C uh Mr 00:52:14.760 --> 00:52:15.770 align:start position:0% I have a couple on Exhibit C uh Mr Schwartz 00:52:15.770 --> 00:52:15.780 align:start position:0% Schwartz 00:52:15.780 --> 00:52:17.690 align:start position:0% Schwartz uh<00:52:16.200>Miss <00:52:16.319>Gilmer <00:52:16.800>has <00:52:16.920>noted <00:52:17.220>that <00:52:17.400>the <00:52:17.579>will 00:52:17.690 --> 00:52:17.700 align:start position:0% uh Miss Gilmer has noted that the will 00:52:17.700 --> 00:52:20.150 align:start position:0% uh Miss Gilmer has noted that the will name<00:52:18.000>in <00:52:18.359>the <00:52:18.480>field <00:52:18.599>is <00:52:18.960>listed <00:52:19.440>as <00:52:19.619>template 00:52:20.150 --> 00:52:20.160 align:start position:0% name in the field is listed as template 00:52:20.160 --> 00:52:22.970 align:start position:0% name in the field is listed as template I<00:52:20.640>assume <00:52:21.059>when <00:52:21.240>you <00:52:21.359>resubmit <00:52:22.140>that 00:52:22.970 --> 00:52:22.980 align:start position:0% I assume when you resubmit that 00:52:22.980 --> 00:52:27.410 align:start position:0% I assume when you resubmit that AFE<00:52:23.579>you'll <00:52:24.180>uh <00:52:24.480>correct <00:52:25.020>those 00:52:27.410 --> 00:52:27.420 align:start position:0% 00:52:27.420 --> 00:52:29.870 align:start position:0% yes<00:52:27.660>we <00:52:28.140>can <00:52:28.260>remove <00:52:28.440>the <00:52:28.800>word <00:52:29.040>template <00:52:29.520>yes 00:52:29.870 --> 00:52:29.880 align:start position:0% yes we can remove the word template yes 00:52:29.880 --> 00:52:33.530 align:start position:0% yes we can remove the word template yes thank<00:52:30.660>you <00:52:30.780>and <00:52:31.200>uh <00:52:31.920>this <00:52:32.579>would <00:52:32.760>trigger <00:52:33.180>an 00:52:33.530 --> 00:52:33.540 align:start position:0% thank you and uh this would trigger an 00:52:33.540 --> 00:52:35.450 align:start position:0% thank you and uh this would trigger an offer<00:52:33.839>for <00:52:34.079>participation <00:52:34.680>all <00:52:35.040>over <00:52:35.220>again 00:52:35.450 --> 00:52:35.460 align:start position:0% offer for participation all over again 00:52:35.460 --> 00:52:36.530 align:start position:0% offer for participation all over again right 00:52:36.530 --> 00:52:36.540 align:start position:0% right 00:52:36.540 --> 00:52:38.750 align:start position:0% right yes<00:52:37.079>yes <00:52:37.319>sir 00:52:38.750 --> 00:52:38.760 align:start position:0% yes yes sir 00:52:38.760 --> 00:52:41.870 align:start position:0% yes yes sir and<00:52:39.300>could <00:52:39.480>you <00:52:39.660>just <00:52:39.960>briefly 00:52:41.870 --> 00:52:41.880 align:start position:0% and could you just briefly 00:52:41.880 --> 00:52:45.650 align:start position:0% and could you just briefly uh<00:52:42.780>discuss <00:52:43.559>the <00:52:43.859>mapping <00:52:44.220>change <00:52:44.520>what <00:52:45.240>units 00:52:45.650 --> 00:52:45.660 align:start position:0% uh discuss the mapping change what units 00:52:45.660 --> 00:52:47.690 align:start position:0% uh discuss the mapping change what units are<00:52:45.780>we <00:52:45.900>looking <00:52:46.020>at 00:52:47.690 --> 00:52:47.700 align:start position:0% are we looking at 00:52:47.700 --> 00:52:49.250 align:start position:0% are we looking at approximately 00:52:49.250 --> 00:52:49.260 align:start position:0% approximately 00:52:49.260 --> 00:52:54.470 align:start position:0% approximately which<00:52:49.619>tracks <00:52:50.099>then <00:52:50.900>the <00:52:51.900>main <00:52:52.079>thing <00:52:52.319>changes 00:52:54.470 --> 00:52:54.480 align:start position:0% which tracks then the main thing changes 00:52:54.480 --> 00:52:56.569 align:start position:0% which tracks then the main thing changes all<00:52:54.720>tracks <00:52:55.200>within <00:52:55.440>the <00:52:55.500>unit 00:52:56.569 --> 00:52:56.579 align:start position:0% all tracks within the unit 00:52:56.579 --> 00:52:57.890 align:start position:0% all tracks within the unit okay 00:52:57.890 --> 00:52:57.900 align:start position:0% okay 00:52:57.900 --> 00:53:01.069 align:start position:0% okay and<00:52:58.440>my <00:52:58.800>last <00:52:58.920>question <00:52:59.220>is <00:52:59.760>when <00:53:00.540>Mr <00:53:00.780>Davis 00:53:01.069 --> 00:53:01.079 align:start position:0% and my last question is when Mr Davis 00:53:01.079 --> 00:53:02.990 align:start position:0% and my last question is when Mr Davis acquired<00:53:02.040>this 00:53:02.990 --> 00:53:03.000 align:start position:0% acquired this 00:53:03.000 --> 00:53:06.829 align:start position:0% acquired this the<00:53:03.900>previous <00:53:04.460>landowner <00:53:05.460>got <00:53:05.880>the <00:53:06.240>royalty 00:53:06.829 --> 00:53:06.839 align:start position:0% the previous landowner got the royalty 00:53:06.839 --> 00:53:07.790 align:start position:0% the previous landowner got the royalty payments 00:53:07.790 --> 00:53:07.800 align:start position:0% payments 00:53:07.800 --> 00:53:09.589 align:start position:0% payments and<00:53:08.400>there <00:53:08.700>was <00:53:08.880>no 00:53:09.589 --> 00:53:09.599 align:start position:0% and there was no 00:53:09.599 --> 00:53:11.569 align:start position:0% and there was no he<00:53:10.200>did <00:53:10.319>he <00:53:10.440>he <00:53:10.559>didn't <00:53:10.920>buy <00:53:11.160>the <00:53:11.400>previous 00:53:11.569 --> 00:53:11.579 align:start position:0% he did he he didn't buy the previous 00:53:11.579 --> 00:53:13.849 align:start position:0% he did he he didn't buy the previous royalty<00:53:12.180>payment <00:53:12.359>so <00:53:12.720>going <00:53:12.900>forward <00:53:13.200>from 00:53:13.849 --> 00:53:13.859 align:start position:0% royalty payment so going forward from 00:53:13.859 --> 00:53:16.430 align:start position:0% royalty payment so going forward from the<00:53:14.040>date <00:53:14.160>of <00:53:14.400>the <00:53:14.700>document <00:53:15.420>being <00:53:15.720>executed 00:53:16.430 --> 00:53:16.440 align:start position:0% the date of the document being executed 00:53:16.440 --> 00:53:19.010 align:start position:0% the date of the document being executed he<00:53:16.980>would <00:53:17.220>receive <00:53:18.000>royalties <00:53:18.480>from <00:53:18.660>that <00:53:18.839>day 00:53:19.010 --> 00:53:19.020 align:start position:0% he would receive royalties from that day 00:53:19.020 --> 00:53:21.650 align:start position:0% he would receive royalties from that day forward<00:53:19.260>and <00:53:19.559>not <00:53:19.740>retroactively <00:53:20.579>right 00:53:21.650 --> 00:53:21.660 align:start position:0% forward and not retroactively right 00:53:21.660 --> 00:53:24.170 align:start position:0% forward and not retroactively right that's<00:53:22.200>correct 00:53:24.170 --> 00:53:24.180 align:start position:0% that's correct 00:53:24.180 --> 00:53:29.030 align:start position:0% that's correct anyone<00:53:24.839>have <00:53:24.960>any <00:53:25.140>other <00:53:25.260>questions 00:53:29.030 --> 00:53:29.040 align:start position:0% 00:53:29.040 --> 00:53:31.730 align:start position:0% the<00:53:29.640>board <00:53:29.880>operates <00:53:30.240>on <00:53:30.420>a <00:53:30.540>motion 00:53:31.730 --> 00:53:31.740 align:start position:0% the board operates on a motion 00:53:31.740 --> 00:53:33.950 align:start position:0% the board operates on a motion I'll<00:53:32.220>move <00:53:32.460>for <00:53:32.700>approval 00:53:33.950 --> 00:53:33.960 align:start position:0% I'll move for approval 00:53:33.960 --> 00:53:36.349 align:start position:0% I'll move for approval second<00:53:34.500>we <00:53:35.280>have <00:53:35.400>a <00:53:35.520>motion <00:53:35.700>and <00:53:35.880>a <00:53:36.000>second <00:53:36.119>any 00:53:36.349 --> 00:53:36.359 align:start position:0% second we have a motion and a second any 00:53:36.359 --> 00:53:38.030 align:start position:0% second we have a motion and a second any discussion 00:53:38.030 --> 00:53:38.040 align:start position:0% discussion 00:53:38.040 --> 00:53:39.890 align:start position:0% discussion Ms<00:53:38.460>Gilmer <00:53:38.819>will <00:53:38.940>you <00:53:39.119>pull <00:53:39.240>the <00:53:39.420>board <00:53:39.540>Please 00:53:39.890 --> 00:53:39.900 align:start position:0% Ms Gilmer will you pull the board Please 00:53:39.900 --> 00:53:42.730 align:start position:0% Ms Gilmer will you pull the board Please Mr<00:53:40.680>Harris <00:53:40.920>yes 00:53:42.730 --> 00:53:42.740 align:start position:0% Mr Harris yes 00:53:42.740 --> 00:53:48.109 align:start position:0% Mr Harris yes Mr<00:53:43.740>Jameson <00:53:44.339>yes <00:53:44.700>Mrs <00:53:45.240>yes <00:53:46.079>and <00:53:46.380>Mr <00:53:46.619>Prather 00:53:48.109 --> 00:53:48.119 align:start position:0% Mr Jameson yes Mrs yes and Mr Prather 00:53:48.119 --> 00:53:50.390 align:start position:0% Mr Jameson yes Mrs yes and Mr Prather yes 00:53:50.390 --> 00:53:50.400 align:start position:0% yes 00:53:50.400 --> 00:53:52.309 align:start position:0% yes that<00:53:50.760>petition <00:53:51.059>is <00:53:51.359>approved <00:53:51.720>as <00:53:51.900>presented 00:53:52.309 --> 00:53:52.319 align:start position:0% that petition is approved as presented 00:53:52.319 --> 00:53:55.069 align:start position:0% that petition is approved as presented Mr<00:53:52.559>swords <00:53:53.040>next <00:53:54.000>we <00:53:54.180>have <00:53:54.359>a <00:53:54.540>petition <00:53:54.839>for 00:53:55.069 --> 00:53:55.079 align:start position:0% Mr swords next we have a petition for 00:53:55.079 --> 00:53:57.290 align:start position:0% Mr swords next we have a petition for Pocahontas<00:53:55.619>for <00:53:56.099>re-pulling <00:53:56.640>under <00:53:56.819>Oakwood 00:53:57.290 --> 00:53:57.300 align:start position:0% Pocahontas for re-pulling under Oakwood 00:53:57.300 --> 00:54:00.170 align:start position:0% Pocahontas for re-pulling under Oakwood kobed<00:53:57.839>methane <00:53:58.319>gas <00:53:59.160>field <00:53:59.400>number <00:53:59.760>two <00:53:59.940>unit 00:54:00.170 --> 00:54:00.180 align:start position:0% kobed methane gas field number two unit 00:54:00.180 --> 00:54:07.510 align:start position:0% kobed methane gas field number two unit BB<00:54:00.660>33 <00:54:01.200>docket <00:54:01.740>numbers 00:54:07.510 --> 00:54:07.520 align:start position:0% 00:54:07.520 --> 00:54:10.849 align:start position:0% pgob04-0817-1318-02<00:54:08.520>Mr <00:54:09.359>Schwartz <00:54:09.900>you <00:54:10.619>may 00:54:10.849 --> 00:54:10.859 align:start position:0% pgob04-0817-1318-02 Mr Schwartz you may 00:54:10.859 --> 00:54:13.910 align:start position:0% pgob04-0817-1318-02 Mr Schwartz you may proceed<00:54:11.220>thank <00:54:12.119>you <00:54:12.300>uh <00:54:12.960>Mr <00:54:13.200>chairman <00:54:13.500>if <00:54:13.680>I 00:54:13.910 --> 00:54:13.920 align:start position:0% proceed thank you uh Mr chairman if I 00:54:13.920 --> 00:54:16.030 align:start position:0% proceed thank you uh Mr chairman if I could<00:54:14.040>uh 00:54:16.030 --> 00:54:16.040 align:start position:0% could uh 00:54:16.040 --> 00:54:19.790 align:start position:0% could uh adopt<00:54:17.040>or <00:54:17.220>include <00:54:17.880>Kelly's <00:54:18.780>testimony <00:54:19.380>from 00:54:19.790 --> 00:54:19.800 align:start position:0% adopt or include Kelly's testimony from 00:54:19.800 --> 00:54:21.829 align:start position:0% adopt or include Kelly's testimony from the<00:54:20.099>prior <00:54:20.339>hearing <00:54:20.819>with <00:54:21.059>regard <00:54:21.420>to <00:54:21.540>her 00:54:21.829 --> 00:54:21.839 align:start position:0% the prior hearing with regard to her 00:54:21.839 --> 00:54:25.309 align:start position:0% the prior hearing with regard to her employment<00:54:22.380>and <00:54:23.040>the <00:54:23.400>operator <00:54:24.240>and <00:54:25.079>and 00:54:25.309 --> 00:54:25.319 align:start position:0% employment and the operator and and 00:54:25.319 --> 00:54:27.349 align:start position:0% employment and the operator and and compliance<00:54:25.980>with <00:54:26.400>Virginia <00:54:26.640>the <00:54:27.059>Virginia 00:54:27.349 --> 00:54:27.359 align:start position:0% compliance with Virginia the Virginia 00:54:27.359 --> 00:54:29.510 align:start position:0% compliance with Virginia the Virginia code<00:54:27.720>and <00:54:28.020>regulations <00:54:28.500>in <00:54:28.859>terms <00:54:29.099>of <00:54:29.160>its 00:54:29.510 --> 00:54:29.520 align:start position:0% code and regulations in terms of its 00:54:29.520 --> 00:54:31.130 align:start position:0% code and regulations in terms of its operations<00:54:29.819>in <00:54:30.180>Virginia <00:54:30.359>and <00:54:30.720>Skip <00:54:30.900>through 00:54:31.130 --> 00:54:31.140 align:start position:0% operations in Virginia and Skip through 00:54:31.140 --> 00:54:33.710 align:start position:0% operations in Virginia and Skip through that<00:54:31.380>on <00:54:31.619>this <00:54:31.740>I'd <00:54:31.980>appreciate <00:54:32.460>it <00:54:33.000>that'll 00:54:33.710 --> 00:54:33.720 align:start position:0% that on this I'd appreciate it that'll 00:54:33.720 --> 00:54:37.069 align:start position:0% that on this I'd appreciate it that'll be<00:54:33.920>incorporating <00:54:35.400>thank <00:54:35.880>you <00:54:36.059>Kelly <00:54:36.780>could 00:54:37.069 --> 00:54:37.079 align:start position:0% be incorporating thank you Kelly could 00:54:37.079 --> 00:54:39.710 align:start position:0% be incorporating thank you Kelly could you<00:54:37.260>state <00:54:37.380>your <00:54:37.559>name <00:54:37.740>for <00:54:37.920>us <00:54:38.040>again <00:54:38.220>though 00:54:39.710 --> 00:54:39.720 align:start position:0% you state your name for us again though 00:54:39.720 --> 00:54:41.089 align:start position:0% you state your name for us again though Kelly<00:54:40.140>Berry 00:54:41.089 --> 00:54:41.099 align:start position:0% Kelly Berry 00:54:41.099 --> 00:54:43.750 align:start position:0% Kelly Berry and<00:54:41.640>you're <00:54:41.880>here <00:54:42.119>in <00:54:42.420>this <00:54:42.599>in <00:54:42.960>this <00:54:43.140>instance 00:54:43.750 --> 00:54:43.760 align:start position:0% and you're here in this in this instance 00:54:43.760 --> 00:54:47.990 align:start position:0% and you're here in this in this instance uh<00:54:44.760>as <00:54:45.660>a <00:54:45.900>representative <00:54:46.559>speaking <00:54:47.400>to <00:54:47.760>a 00:54:47.990 --> 00:54:48.000 align:start position:0% uh as a representative speaking to a 00:54:48.000 --> 00:54:53.270 align:start position:0% uh as a representative speaking to a petition<00:54:48.800>uh <00:54:49.800>to <00:54:50.460>uh <00:54:50.940>reprool <00:54:51.599>unit <00:54:51.720>BB <00:54:52.319>33 <00:54:52.920>is 00:54:53.270 --> 00:54:53.280 align:start position:0% petition uh to uh reprool unit BB 33 is 00:54:53.280 --> 00:54:54.890 align:start position:0% petition uh to uh reprool unit BB 33 is that<00:54:53.400>correct 00:54:54.890 --> 00:54:54.900 align:start position:0% that correct 00:54:54.900 --> 00:54:58.790 align:start position:0% that correct that's<00:54:55.260>correct <00:54:55.619>okay <00:54:56.220>and <00:54:56.819>as <00:54:57.300>if <00:54:57.540>my <00:54:58.440>memory 00:54:58.790 --> 00:54:58.800 align:start position:0% that's correct okay and as if my memory 00:54:58.800 --> 00:55:01.309 align:start position:0% that's correct okay and as if my memory serves<00:54:59.099>correctly <00:54:59.579>we're <00:55:00.359>here <00:55:00.599>for <00:55:01.020>one 00:55:01.309 --> 00:55:01.319 align:start position:0% serves correctly we're here for one 00:55:01.319 --> 00:55:05.270 align:start position:0% serves correctly we're here for one reason<00:55:01.559>with <00:55:02.160>regard <00:55:02.520>to <00:55:02.819>BB <00:55:03.180>33 <00:55:03.900>and <00:55:04.740>that <00:55:04.980>is 00:55:05.270 --> 00:55:05.280 align:start position:0% reason with regard to BB 33 and that is 00:55:05.280 --> 00:55:08.390 align:start position:0% reason with regard to BB 33 and that is to<00:55:05.819>allow <00:55:06.420>production <00:55:06.960>under <00:55:07.319>Oakwood <00:55:07.800>2. <00:55:08.220>is 00:55:08.390 --> 00:55:08.400 align:start position:0% to allow production under Oakwood 2. is 00:55:08.400 --> 00:55:09.770 align:start position:0% to allow production under Oakwood 2. is that<00:55:08.520>correct 00:55:09.770 --> 00:55:09.780 align:start position:0% that correct 00:55:09.780 --> 00:55:11.870 align:start position:0% that correct that<00:55:10.319>is <00:55:10.500>correct <00:55:10.619>so <00:55:11.280>we <00:55:11.460>don't <00:55:11.579>have <00:55:11.700>a 00:55:11.870 --> 00:55:11.880 align:start position:0% that is correct so we don't have a 00:55:11.880 --> 00:55:13.790 align:start position:0% that is correct so we don't have a remapping<00:55:12.359>issue <00:55:12.660>we <00:55:12.900>don't <00:55:13.079>have <00:55:13.260>percentage 00:55:13.790 --> 00:55:13.800 align:start position:0% remapping issue we don't have percentage 00:55:13.800 --> 00:55:15.170 align:start position:0% remapping issue we don't have percentage changes<00:55:14.220>and <00:55:14.400>we <00:55:14.520>don't <00:55:14.640>have <00:55:14.760>to <00:55:14.819>deal <00:55:15.000>with 00:55:15.170 --> 00:55:15.180 align:start position:0% changes and we don't have to deal with 00:55:15.180 --> 00:55:16.490 align:start position:0% changes and we don't have to deal with all<00:55:15.359>of <00:55:15.480>that 00:55:16.490 --> 00:55:16.500 align:start position:0% all of that 00:55:16.500 --> 00:55:18.349 align:start position:0% all of that no 00:55:18.349 --> 00:55:18.359 align:start position:0% no 00:55:18.359 --> 00:55:22.069 align:start position:0% no after<00:55:19.319>you <00:55:19.740>uh <00:55:20.339>mailed <00:55:21.180>and <00:55:21.300>published <00:55:21.720>with 00:55:22.069 --> 00:55:22.079 align:start position:0% after you uh mailed and published with 00:55:22.079 --> 00:55:23.750 align:start position:0% after you uh mailed and published with regard<00:55:22.440>to <00:55:22.619>and <00:55:22.920>we'll <00:55:23.040>come <00:55:23.220>back <00:55:23.339>to <00:55:23.520>that 00:55:23.750 --> 00:55:23.760 align:start position:0% regard to and we'll come back to that 00:55:23.760 --> 00:55:25.910 align:start position:0% regard to and we'll come back to that but<00:55:23.940>with <00:55:24.180>regard <00:55:24.540>to <00:55:24.720>this <00:55:25.079>application <00:55:25.559>did 00:55:25.910 --> 00:55:25.920 align:start position:0% but with regard to this application did 00:55:25.920 --> 00:55:27.950 align:start position:0% but with regard to this application did you<00:55:26.099>receive <00:55:26.460>any <00:55:26.700>calls <00:55:27.359>from <00:55:27.720>the 00:55:27.950 --> 00:55:27.960 align:start position:0% you receive any calls from the 00:55:27.960 --> 00:55:29.569 align:start position:0% you receive any calls from the respondent 00:55:29.569 --> 00:55:29.579 align:start position:0% respondent 00:55:29.579 --> 00:55:33.950 align:start position:0% respondent no<00:55:30.500>as <00:55:31.500>I <00:55:31.680>and <00:55:31.920>we <00:55:32.819>only <00:55:32.940>have <00:55:33.119>one <00:55:33.359>respondent 00:55:33.950 --> 00:55:33.960 align:start position:0% no as I and we only have one respondent 00:55:33.960 --> 00:55:35.569 align:start position:0% no as I and we only have one respondent here<00:55:34.200>is <00:55:34.319>that <00:55:34.440>correct 00:55:35.569 --> 00:55:35.579 align:start position:0% here is that correct 00:55:35.579 --> 00:55:38.329 align:start position:0% here is that correct that's<00:55:36.059>correct <00:55:36.420>okay 00:55:38.329 --> 00:55:38.339 align:start position:0% that's correct okay 00:55:38.339 --> 00:55:39.730 align:start position:0% that's correct okay um<00:55:38.460>so 00:55:39.730 --> 00:55:39.740 align:start position:0% um so 00:55:39.740 --> 00:55:43.490 align:start position:0% um so to<00:55:40.740>start <00:55:41.099>what <00:55:41.880>did <00:55:42.000>you <00:55:42.180>do <00:55:42.359>to <00:55:42.599>notify <00:55:43.079>Mr 00:55:43.490 --> 00:55:43.500 align:start position:0% to start what did you do to notify Mr 00:55:43.500 --> 00:55:46.790 align:start position:0% to start what did you do to notify Mr Stillwell<00:55:44.359>uh <00:55:45.359>and <00:55:45.599>and <00:55:45.780>others <00:55:46.260>potentially 00:55:46.790 --> 00:55:46.800 align:start position:0% Stillwell uh and and others potentially 00:55:46.800 --> 00:55:48.770 align:start position:0% Stillwell uh and and others potentially uh<00:55:47.579>that <00:55:47.819>we <00:55:48.000>were <00:55:48.059>going <00:55:48.180>to <00:55:48.240>have <00:55:48.359>a <00:55:48.480>hearing 00:55:48.770 --> 00:55:48.780 align:start position:0% uh that we were going to have a hearing 00:55:48.780 --> 00:55:50.210 align:start position:0% uh that we were going to have a hearing today 00:55:50.210 --> 00:55:50.220 align:start position:0% today 00:55:50.220 --> 00:55:53.809 align:start position:0% today uh<00:55:50.880>we <00:55:51.180>mailed <00:55:51.540>a <00:55:51.780>copy <00:55:52.079>of <00:55:52.380>the <00:55:52.559>petition <00:55:52.920>via 00:55:53.809 --> 00:55:53.819 align:start position:0% uh we mailed a copy of the petition via 00:55:53.819 --> 00:55:55.490 align:start position:0% uh we mailed a copy of the petition via certified<00:55:54.180>with <00:55:54.839>returned <00:55:55.200>receipt 00:55:55.490 --> 00:55:55.500 align:start position:0% certified mail with returned receipt 00:55:55.500 --> 00:55:58.549 align:start position:0% certified mail with returned receipt requested<00:55:56.099>and <00:55:56.880>we <00:55:57.119>published <00:55:57.660>notice <00:55:58.079>in <00:55:58.440>the 00:55:58.549 --> 00:55:58.559 align:start position:0% requested and we published notice in the 00:55:58.559 --> 00:56:00.290 align:start position:0% requested and we published notice in the Virginia<00:55:58.680>Mountaineer 00:56:00.290 --> 00:56:00.300 align:start position:0% Virginia Mountaineer 00:56:00.300 --> 00:56:03.109 align:start position:0% Virginia Mountaineer and<00:56:00.780>when <00:56:00.960>did <00:56:01.140>you <00:56:01.319>23rd <00:56:04.619>2023 00:56:05.930 --> 00:56:05.940 align:start position:0% February 23rd 2023 00:56:05.940 --> 00:56:10.069 align:start position:0% February 23rd 2023 and<00:56:06.660>uh <00:56:07.319>when <00:56:07.920>did <00:56:08.099>you <00:56:08.280>publish 00:56:10.069 --> 00:56:10.079 align:start position:0% and uh when did you publish 00:56:10.079 --> 00:56:13.309 align:start position:0% and uh when did you publish March<00:56:10.800>9th <00:56:11.280>2023 00:56:13.309 --> 00:56:13.319 align:start position:0% March 9th 2023 00:56:13.319 --> 00:56:17.510 align:start position:0% March 9th 2023 and<00:56:13.980>have <00:56:14.280>you <00:56:14.520>provided <00:56:15.119>the <00:56:15.740>division <00:56:16.740>uh 00:56:17.510 --> 00:56:17.520 align:start position:0% and have you provided the division uh 00:56:17.520 --> 00:56:20.329 align:start position:0% and have you provided the division uh with<00:56:17.940>your <00:56:18.839>certificates <00:56:19.380>or <00:56:19.920>certificate 00:56:20.329 --> 00:56:20.339 align:start position:0% with your certificates or certificate 00:56:20.339 --> 00:56:22.549 align:start position:0% with your certificates or certificate with<00:56:20.520>regard <00:56:20.880>to <00:56:21.119>mailing <00:56:21.599>and <00:56:22.079>proof <00:56:22.500>of 00:56:22.549 --> 00:56:22.559 align:start position:0% with regard to mailing and proof of 00:56:22.559 --> 00:56:24.290 align:start position:0% with regard to mailing and proof of publication 00:56:24.290 --> 00:56:24.300 align:start position:0% publication 00:56:24.300 --> 00:56:26.210 align:start position:0% publication yes<00:56:24.900>we <00:56:25.079>have 00:56:26.210 --> 00:56:26.220 align:start position:0% yes we have 00:56:26.220 --> 00:56:28.309 align:start position:0% yes we have and<00:56:26.880>what <00:56:27.119>is <00:56:27.300>the <00:56:27.420>percentage <00:56:27.780>of <00:56:27.960>interest 00:56:28.309 --> 00:56:28.319 align:start position:0% and what is the percentage of interest 00:56:28.319 --> 00:56:31.490 align:start position:0% and what is the percentage of interest that<00:56:28.859>the <00:56:29.040>applicant <00:56:29.579>either <00:56:30.059>owns <00:56:30.599>or <00:56:30.900>has 00:56:31.490 --> 00:56:31.500 align:start position:0% that the applicant either owns or has 00:56:31.500 --> 00:56:37.089 align:start position:0% that the applicant either owns or has acquired<00:56:32.119>uh <00:56:33.119>in <00:56:33.420>this <00:56:33.540>unit 00:56:37.089 --> 00:56:37.099 align:start position:0% 00:56:37.099 --> 00:56:40.430 align:start position:0% 98.7625<00:56:38.099>percent 00:56:40.430 --> 00:56:40.440 align:start position:0% 98.7625 percent 00:56:40.440 --> 00:56:42.470 align:start position:0% 98.7625 percent and<00:56:40.920>you're <00:56:41.040>seeking <00:56:41.400>to <00:56:41.579>pool <00:56:41.760>what <00:56:42.240>what 00:56:42.470 --> 00:56:42.480 align:start position:0% and you're seeking to pool what what 00:56:42.480 --> 00:56:45.730 align:start position:0% and you're seeking to pool what what interests 00:56:45.730 --> 00:56:45.740 align:start position:0% 00:56:45.740 --> 00:56:48.950 align:start position:0% 1.2375<00:56:46.740>percent 00:56:48.950 --> 00:56:48.960 align:start position:0% 1.2375 percent 00:56:48.960 --> 00:56:52.730 align:start position:0% 1.2375 percent and<00:56:50.240>let's <00:56:51.240>let's <00:56:51.480>look <00:56:51.960>at <00:56:52.319>we're <00:56:52.559>only 00:56:52.730 --> 00:56:52.740 align:start position:0% and let's let's look at we're only 00:56:52.740 --> 00:56:54.770 align:start position:0% and let's let's look at we're only missing<00:56:53.160>a <00:56:53.280>couple <00:56:53.400>of <00:56:53.579>other <00:56:54.180>courses <00:56:54.599>before 00:56:54.770 --> 00:56:54.780 align:start position:0% missing a couple of other courses before 00:56:54.780 --> 00:56:56.630 align:start position:0% missing a couple of other courses before we<00:56:54.960>look <00:56:55.140>at <00:56:55.260>mapping 00:56:56.630 --> 00:56:56.640 align:start position:0% we look at mapping 00:56:56.640 --> 00:56:57.290 align:start position:0% we look at mapping um 00:56:57.290 --> 00:56:57.300 align:start position:0% um 00:56:57.300 --> 00:57:01.089 align:start position:0% um do<00:56:57.839>you <00:56:57.960>want <00:56:58.079>to <00:56:58.200>add <00:56:58.380>any <00:56:58.619>respondents <00:56:59.460>today 00:57:01.089 --> 00:57:01.099 align:start position:0% do you want to add any respondents today 00:57:01.099 --> 00:57:05.030 align:start position:0% do you want to add any respondents today no<00:57:02.119>and <00:57:03.119>I <00:57:03.480>assume <00:57:03.960>you <00:57:04.020>haven't <00:57:04.260>been <00:57:04.740>able <00:57:04.920>to 00:57:05.030 --> 00:57:05.040 align:start position:0% no and I assume you haven't been able to 00:57:05.040 --> 00:57:07.010 align:start position:0% no and I assume you haven't been able to reach<00:57:05.280>an <00:57:05.400>agreement <00:57:05.760>with <00:57:05.940>Mr <00:57:06.180>Stillwell <00:57:06.780>so 00:57:07.010 --> 00:57:07.020 align:start position:0% reach an agreement with Mr Stillwell so 00:57:07.020 --> 00:57:09.410 align:start position:0% reach an agreement with Mr Stillwell so you<00:57:07.140>don't <00:57:07.260>want <00:57:07.380>to <00:57:07.500>dismiss <00:57:07.800>him 00:57:09.410 --> 00:57:09.420 align:start position:0% you don't want to dismiss him 00:57:09.420 --> 00:57:12.290 align:start position:0% you don't want to dismiss him correct 00:57:12.290 --> 00:57:12.300 align:start position:0% 00:57:12.300 --> 00:57:15.549 align:start position:0% um you<00:57:12.780>know <00:57:12.900>let's <00:57:13.140>go <00:57:13.500>to <00:57:13.980>uh <00:57:14.579>the <00:57:14.880>mapping 00:57:15.549 --> 00:57:15.559 align:start position:0% um you know let's go to uh the mapping 00:57:15.559 --> 00:57:20.030 align:start position:0% um you know let's go to uh the mapping and<00:57:16.559>he <00:57:16.980>page 00:57:20.030 --> 00:57:20.040 align:start position:0% and he PDF page 00:57:20.040 --> 00:57:22.370 align:start position:0% and he PDF page um 00:57:22.370 --> 00:57:22.380 align:start position:0% 00:57:22.380 --> 00:57:25.750 align:start position:0% number<00:57:22.859>six <00:57:23.339>attract <00:57:24.240>identifications 00:57:25.750 --> 00:57:25.760 align:start position:0% number six attract identifications 00:57:25.760 --> 00:57:29.589 align:start position:0% number six attract identifications that<00:57:26.760>shows <00:57:27.180>that <00:57:27.359>Mr <00:57:27.660>Stillwell <00:57:28.319>owns <00:57:28.980>fee 00:57:29.589 --> 00:57:29.599 align:start position:0% that shows that Mr Stillwell owns fee 00:57:29.599 --> 00:57:32.930 align:start position:0% that shows that Mr Stillwell owns fee with<00:57:30.599>regard <00:57:31.020>to <00:57:31.200>track <00:57:31.500>number <00:57:31.859>five <00:57:32.339>on <00:57:32.760>the 00:57:32.930 --> 00:57:32.940 align:start position:0% with regard to track number five on the 00:57:32.940 --> 00:57:34.790 align:start position:0% with regard to track number five on the map<00:57:33.119>is <00:57:33.420>that <00:57:33.599>right 00:57:34.790 --> 00:57:34.800 align:start position:0% map is that right 00:57:34.800 --> 00:57:37.670 align:start position:0% map is that right that<00:57:35.339>is <00:57:35.460>correct <00:57:35.640>it <00:57:36.420>shows <00:57:36.780>his <00:57:36.900>acreage <00:57:37.500>and 00:57:37.670 --> 00:57:37.680 align:start position:0% that is correct it shows his acreage and 00:57:37.680 --> 00:57:39.170 align:start position:0% that is correct it shows his acreage and the<00:57:37.859>percentage <00:57:38.220>that <00:57:38.400>you <00:57:38.520>gave <00:57:38.700>us <00:57:38.819>just <00:57:39.000>a 00:57:39.170 --> 00:57:39.180 align:start position:0% the percentage that you gave us just a 00:57:39.180 --> 00:57:40.849 align:start position:0% the percentage that you gave us just a moment<00:57:39.420>ago 00:57:40.849 --> 00:57:40.859 align:start position:0% moment ago 00:57:40.859 --> 00:57:45.290 align:start position:0% moment ago yes<00:57:41.640>okay <00:57:42.540>now <00:57:42.960>if <00:57:43.140>we <00:57:43.260>go <00:57:43.440>back <00:57:43.740>to <00:57:44.040>page <00:57:44.400>five 00:57:45.290 --> 00:57:45.300 align:start position:0% yes okay now if we go back to page five 00:57:45.300 --> 00:57:48.049 align:start position:0% yes okay now if we go back to page five uh<00:57:45.960>and <00:57:46.200>we <00:57:46.440>look <00:57:46.740>at 00:57:48.049 --> 00:57:48.059 align:start position:0% uh and we look at 00:57:48.059 --> 00:57:49.510 align:start position:0% uh and we look at um 00:57:49.510 --> 00:57:49.520 align:start position:0% um 00:57:49.520 --> 00:57:55.309 align:start position:0% um as<00:57:50.520>the <00:57:50.760>mapping <00:57:51.619>tracked <00:57:52.619>five <00:57:53.119>is <00:57:54.119>a <00:57:54.420>looks 00:57:55.309 --> 00:57:55.319 align:start position:0% as the mapping tracked five is a looks 00:57:55.319 --> 00:57:58.430 align:start position:0% as the mapping tracked five is a looks like<00:57:55.440>a <00:57:55.680>square <00:57:55.980>off <00:57:56.940>to <00:57:57.359>the <00:57:57.780>southeast 00:57:58.430 --> 00:57:58.440 align:start position:0% like a square off to the southeast 00:57:58.440 --> 00:58:02.030 align:start position:0% like a square off to the southeast corner<00:57:59.160>of <00:57:59.520>the <00:57:59.760>unit <00:57:59.880>is <00:58:00.240>that <00:58:00.420>right 00:58:02.030 --> 00:58:02.040 align:start position:0% corner of the unit is that right 00:58:02.040 --> 00:58:04.930 align:start position:0% corner of the unit is that right that's<00:58:02.579>correct <00:58:02.819>and <00:58:03.540>part <00:58:03.780>of <00:58:03.960>that <00:58:04.140>square 00:58:04.930 --> 00:58:04.940 align:start position:0% that's correct and part of that square 00:58:04.940 --> 00:58:10.790 align:start position:0% that's correct and part of that square is<00:58:05.940>in <00:58:06.800>this <00:58:07.800>unit <00:58:08.059>BB <00:58:09.059>33 <00:58:09.420>and <00:58:09.780>part <00:58:09.960>of <00:58:10.079>his <00:58:10.260>in 00:58:10.790 --> 00:58:10.800 align:start position:0% is in this unit BB 33 and part of his in 00:58:10.800 --> 00:58:13.670 align:start position:0% is in this unit BB 33 and part of his in the<00:58:10.920>units <00:58:11.280>of <00:58:11.400>the <00:58:11.579>city <00:58:11.880>east 00:58:13.670 --> 00:58:13.680 align:start position:0% the units of the city east 00:58:13.680 --> 00:58:18.109 align:start position:0% the units of the city east yes<00:58:14.520>okay <00:58:15.300>and <00:58:15.960>then <00:58:16.079>if <00:58:16.260>we <00:58:16.500>look <00:58:16.740>at <00:58:17.220>uh <00:58:17.940>the 00:58:18.109 --> 00:58:18.119 align:start position:0% yes okay and then if we look at uh the 00:58:18.119 --> 00:58:22.430 align:start position:0% yes okay and then if we look at uh the projected<00:58:18.900>development <00:58:19.500>under <00:58:20.040>Oakwood <00:58:20.700>two 00:58:22.430 --> 00:58:22.440 align:start position:0% projected development under Oakwood two 00:58:22.440 --> 00:58:26.930 align:start position:0% projected development under Oakwood two um<00:58:22.460>go <00:58:23.460>to <00:58:23.579>page <00:58:24.119>uh <00:58:24.720>this <00:58:24.960>this <00:58:25.140>was <00:58:25.440>14. <00:58:26.280>we 00:58:26.930 --> 00:58:26.940 align:start position:0% um go to page uh this this was 14. we 00:58:26.940 --> 00:58:30.530 align:start position:0% um go to page uh this this was 14. we have<00:58:27.180>this <00:58:27.480>the <00:58:28.260>same <00:58:28.440>map <00:58:28.740>basically <00:58:29.520>or <00:58:30.059>or <00:58:30.180>a 00:58:30.530 --> 00:58:30.540 align:start position:0% have this the same map basically or or a 00:58:30.540 --> 00:58:33.410 align:start position:0% have this the same map basically or or a similar<00:58:30.900>map <00:58:31.099>uh <00:58:32.099>that <00:58:32.280>we <00:58:32.460>just <00:58:32.640>saw <00:58:32.940>in <00:58:33.180>the 00:58:33.410 --> 00:58:33.420 align:start position:0% similar map uh that we just saw in the 00:58:33.420 --> 00:58:36.650 align:start position:0% similar map uh that we just saw in the with<00:58:33.599>regards <00:58:34.079>to <00:58:34.200>the <00:58:34.579>previous <00:58:35.579>docket <00:58:36.240>item 00:58:36.650 --> 00:58:36.660 align:start position:0% with regards to the previous docket item 00:58:36.660 --> 00:58:39.170 align:start position:0% with regards to the previous docket item showing<00:58:37.500>One <00:58:37.859>South <00:58:38.160>development <00:58:38.700>and <00:58:38.940>two 00:58:39.170 --> 00:58:39.180 align:start position:0% showing One South development and two 00:58:39.180 --> 00:58:41.930 align:start position:0% showing One South development and two South<00:58:39.359>development <00:58:39.960>and <00:58:40.200>the <00:58:40.440>location <00:58:40.940>of 00:58:41.930 --> 00:58:41.940 align:start position:0% South development and the location of 00:58:41.940 --> 00:58:45.289 align:start position:0% South development and the location of Wells<00:58:42.180>within <00:58:42.839>the <00:58:43.079>projected <00:58:43.559>panel <00:58:44.040>right 00:58:45.289 --> 00:58:45.299 align:start position:0% Wells within the projected panel right 00:58:45.299 --> 00:58:48.650 align:start position:0% Wells within the projected panel right yes<00:58:46.020>okay <00:58:46.680>what <00:58:47.099>are <00:58:47.339>the <00:58:47.460>existing <00:58:48.000>producing 00:58:48.650 --> 00:58:48.660 align:start position:0% yes okay what are the existing producing 00:58:48.660 --> 00:58:52.069 align:start position:0% yes okay what are the existing producing wells<00:58:48.960>in <00:58:49.440>BB <00:58:49.740>33 00:58:52.069 --> 00:58:52.079 align:start position:0% wells in BB 33 00:58:52.079 --> 00:58:57.170 align:start position:0% wells in BB 33 that<00:58:52.680>is <00:58:52.799>BB <00:58:53.160>33 <00:58:53.819>and <00:58:54.240>BB <00:58:54.660>33a <00:58:55.559>okay <00:58:56.460>and <00:58:56.940>and 00:58:57.170 --> 00:58:57.180 align:start position:0% that is BB 33 and BB 33a okay and and 00:58:57.180 --> 00:58:59.089 align:start position:0% that is BB 33 and BB 33a okay and and what<00:58:57.599>are <00:58:57.720>the <00:58:57.839>additional <00:58:58.200>Wells <00:58:58.559>that <00:58:58.920>are 00:58:59.089 --> 00:58:59.099 align:start position:0% what are the additional Wells that are 00:58:59.099 --> 00:59:01.370 align:start position:0% what are the additional Wells that are proposed<00:58:59.760>of 00:59:01.370 --> 00:59:01.380 align:start position:0% proposed of 00:59:01.380 --> 00:59:05.270 align:start position:0% proposed of at<00:59:01.740>this <00:59:01.980>time 00:59:05.270 --> 00:59:05.280 align:start position:0% 00:59:05.280 --> 00:59:07.309 align:start position:0% the<00:59:05.940>additional <00:59:06.299>well 00:59:07.309 --> 00:59:07.319 align:start position:0% the additional well 00:59:07.319 --> 00:59:09.530 align:start position:0% the additional well well<00:59:07.500>posed 00:59:09.530 --> 00:59:09.540 align:start position:0% well posed 00:59:09.540 --> 00:59:11.870 align:start position:0% well posed um<00:59:09.599>are 00:59:11.870 --> 00:59:11.880 align:start position:0% um are 00:59:11.880 --> 00:59:16.430 align:start position:0% um are let<00:59:12.180>me <00:59:12.420>get <00:59:12.480>back <00:59:12.660>up <00:59:12.839>here 00:59:16.430 --> 00:59:16.440 align:start position:0% 00:59:16.440 --> 00:59:22.069 align:start position:0% BB<00:59:17.040>33 <00:59:17.760>c <00:59:18.480>d <00:59:19.440>g <00:59:19.799>and <00:59:20.339>H 00:59:22.069 --> 00:59:22.079 align:start position:0% BB 33 c d g and H 00:59:22.079 --> 00:59:24.950 align:start position:0% BB 33 c d g and H and<00:59:22.799>have <00:59:23.160>you <00:59:23.339>uh <00:59:23.880>and <00:59:24.119>you <00:59:24.299>obviously <00:59:24.720>when 00:59:24.950 --> 00:59:24.960 align:start position:0% and have you uh and you obviously when 00:59:24.960 --> 00:59:26.510 align:start position:0% and have you uh and you obviously when you<00:59:25.140>filed <00:59:25.619>this 00:59:26.510 --> 00:59:26.520 align:start position:0% you filed this 00:59:26.520 --> 00:59:29.870 align:start position:0% you filed this um<00:59:26.579>you <00:59:27.180>provided <00:59:27.839>a <00:59:28.140>cost <00:59:28.260>estimate <00:59:28.880>correct 00:59:29.870 --> 00:59:29.880 align:start position:0% um you provided a cost estimate correct 00:59:29.880 --> 00:59:32.030 align:start position:0% um you provided a cost estimate correct yes 00:59:32.030 --> 00:59:32.040 align:start position:0% yes 00:59:32.040 --> 00:59:36.530 align:start position:0% yes and<00:59:32.640>it <00:59:33.240>was <00:59:33.420>the <00:59:33.720>same <00:59:34.200>estimate <00:59:34.859>based <00:59:35.339>on <00:59:35.540>uh 00:59:36.530 --> 00:59:36.540 align:start position:0% and it was the same estimate based on uh 00:59:36.540 --> 00:59:39.710 align:start position:0% and it was the same estimate based on uh averages<00:59:37.079>at <00:59:37.740>that <00:59:37.920>time <00:59:38.160>or <00:59:38.700>or <00:59:38.940>estimates <00:59:39.480>at 00:59:39.710 --> 00:59:39.720 align:start position:0% averages at that time or or estimates at 00:59:39.720 --> 00:59:41.690 align:start position:0% averages at that time or or estimates at that<00:59:39.900>time <00:59:40.079>that <00:59:40.440>we've <00:59:40.680>just <00:59:40.859>discussed <00:59:41.339>with 00:59:41.690 --> 00:59:41.700 align:start position:0% that time that we've just discussed with 00:59:41.700 --> 00:59:44.270 align:start position:0% that time that we've just discussed with regard<00:59:42.059>to <00:59:42.240>y33 00:59:44.270 --> 00:59:44.280 align:start position:0% regard to y33 00:59:44.280 --> 00:59:45.650 align:start position:0% regard to y33 yes 00:59:45.650 --> 00:59:45.660 align:start position:0% yes 00:59:45.660 --> 00:59:50.390 align:start position:0% yes and<00:59:46.200>is <00:59:46.559>it <00:59:46.799>your <00:59:47.040>uh <00:59:47.880>intention <00:59:48.359>to <00:59:49.079>submit <00:59:49.680>a 00:59:50.390 --> 00:59:50.400 align:start position:0% and is it your uh intention to submit a 00:59:50.400 --> 00:59:55.789 align:start position:0% and is it your uh intention to submit a revised<00:59:51.119>uh <00:59:51.960>uh <00:59:52.920>Exhibit <00:59:53.579>C <00:59:53.900>uh <00:59:54.900>as <00:59:55.200>we've <00:59:55.440>as 00:59:55.789 --> 00:59:55.799 align:start position:0% revised uh uh Exhibit C uh as we've as 00:59:55.799 --> 01:00:01.789 align:start position:0% revised uh uh Exhibit C uh as we've as you<00:59:55.980>testified <00:59:56.520>in <00:59:57.299>in <00:59:57.660>reference <00:59:58.440>to <00:59:59.040>uh <00:59:59.520>y33 01:00:01.789 --> 01:00:01.799 align:start position:0% you testified in in reference to uh y33 01:00:01.799 --> 01:00:02.990 align:start position:0% you testified in in reference to uh y33 yes 01:00:02.990 --> 01:00:03.000 align:start position:0% yes 01:00:03.000 --> 01:00:04.910 align:start position:0% yes Mr<01:00:03.420>chairman <01:00:03.839>I'd <01:00:03.960>like <01:00:04.079>to <01:00:04.260>incorporate <01:00:04.680>that 01:00:04.910 --> 01:00:04.920 align:start position:0% Mr chairman I'd like to incorporate that 01:00:04.920 --> 01:00:09.109 align:start position:0% Mr chairman I'd like to incorporate that testimony<01:00:05.400>if <01:00:05.640>I <01:00:05.760>could 01:00:09.109 --> 01:00:09.119 align:start position:0% 01:00:09.119 --> 01:00:11.809 align:start position:0% it<01:00:09.660>will <01:00:10.380>it <01:00:10.680>will <01:00:11.040>be <01:00:11.160>done <01:00:11.460>we'll 01:00:11.809 --> 01:00:11.819 align:start position:0% it will it will be done we'll 01:00:11.819 --> 01:00:13.130 align:start position:0% it will it will be done we'll incorporate<01:00:12.420>that 01:00:13.130 --> 01:00:13.140 align:start position:0% incorporate that 01:00:13.140 --> 01:00:15.470 align:start position:0% incorporate that okay<01:00:13.380>and <01:00:14.099>and <01:00:14.400>just <01:00:14.700>to <01:00:14.819>summarize <01:00:15.180>the 01:00:15.470 --> 01:00:15.480 align:start position:0% okay and and just to summarize the 01:00:15.480 --> 01:00:17.809 align:start position:0% okay and and just to summarize the changes<01:00:15.839>the <01:00:16.140>depth <01:00:16.440>is <01:00:16.619>going <01:00:16.799>to <01:00:16.980>change <01:00:17.220>to 01:00:17.809 --> 01:00:17.819 align:start position:0% changes the depth is going to change to 01:00:17.819 --> 01:00:19.970 align:start position:0% changes the depth is going to change to the<01:00:18.299>average <01:00:18.480>of <01:00:18.900>the <01:00:19.079>the <01:00:19.260>four <01:00:19.680>or <01:00:19.859>five 01:00:19.970 --> 01:00:19.980 align:start position:0% the average of the the four or five 01:00:19.980 --> 01:00:21.470 align:start position:0% the average of the the four or five Wells<01:00:20.280>that <01:00:20.520>you <01:00:20.700>have <01:00:20.880>at <01:00:21.119>the <01:00:21.240>moment 01:00:21.470 --> 01:00:21.480 align:start position:0% Wells that you have at the moment 01:00:21.480 --> 01:00:26.329 align:start position:0% Wells that you have at the moment correct<01:00:21.960>correct <01:00:22.920>yes <01:00:23.660>and <01:00:24.660>the <01:00:25.079>uh <01:00:25.500>then <01:00:26.099>the 01:00:26.329 --> 01:00:26.339 align:start position:0% correct correct yes and the uh then the 01:00:26.339 --> 01:00:28.309 align:start position:0% correct correct yes and the uh then the template<01:00:26.819>is <01:00:27.119>going <01:00:27.299>to <01:00:27.420>go <01:00:27.660>away <01:00:27.839>and <01:00:28.200>you're 01:00:28.309 --> 01:00:28.319 align:start position:0% template is going to go away and you're 01:00:28.319 --> 01:00:30.349 align:start position:0% template is going to go away and you're going<01:00:28.440>to <01:00:28.500>put <01:00:28.680>in <01:00:28.799>the <01:00:28.920>well <01:00:29.160>names <01:00:29.460>or <01:00:30.119>at 01:00:30.349 --> 01:00:30.359 align:start position:0% going to put in the well names or at 01:00:30.359 --> 01:00:32.390 align:start position:0% going to put in the well names or at least<01:00:30.480>uh <01:00:31.260>you <01:00:31.559>know <01:00:31.680>I <01:00:31.799>guess <01:00:31.920>you <01:00:32.040>would <01:00:32.220>put 01:00:32.390 --> 01:00:32.400 align:start position:0% least uh you know I guess you would put 01:00:32.400 --> 01:00:34.250 align:start position:0% least uh you know I guess you would put Noel<01:00:32.819>names <01:00:33.059>and <01:00:33.240>then <01:00:33.359>the <01:00:33.540>Oakland <01:00:33.900>two 01:00:34.250 --> 01:00:34.260 align:start position:0% Noel names and then the Oakland two 01:00:34.260 --> 01:00:36.710 align:start position:0% Noel names and then the Oakland two field<01:00:34.500>would <01:00:34.980>go <01:00:35.160>in <01:00:35.280>correct 01:00:36.710 --> 01:00:36.720 align:start position:0% field would go in correct 01:00:36.720 --> 01:00:37.910 align:start position:0% field would go in correct yes 01:00:37.910 --> 01:00:37.920 align:start position:0% yes 01:00:37.920 --> 01:00:41.030 align:start position:0% yes and<01:00:38.819>the <01:00:39.240>date's <01:00:39.780>going <01:00:39.960>to <01:00:40.079>change <01:00:40.380>at <01:00:40.920>the 01:00:41.030 --> 01:00:41.040 align:start position:0% and the date's going to change at the 01:00:41.040 --> 01:00:43.549 align:start position:0% and the date's going to change at the top<01:00:41.220>and <01:00:41.460>at <01:00:41.640>the <01:00:41.819>bottom <01:00:42.059>and <01:00:42.599>the <01:00:42.839>and <01:00:43.200>the 01:00:43.549 --> 01:00:43.559 align:start position:0% top and at the bottom and the and the 01:00:43.559 --> 01:00:47.210 align:start position:0% top and at the bottom and the and the total<01:00:44.220>is <01:00:44.400>going <01:00:44.579>to <01:00:44.700>change <01:00:44.940>slightly 01:00:47.210 --> 01:00:47.220 align:start position:0% total is going to change slightly 01:00:47.220 --> 01:00:49.370 align:start position:0% total is going to change slightly that's<01:00:47.819>correct <01:00:48.059>okay 01:00:49.370 --> 01:00:49.380 align:start position:0% that's correct okay 01:00:49.380 --> 01:00:51.890 align:start position:0% that's correct okay did<01:00:50.099>you <01:00:50.220>incorporate 01:00:51.890 --> 01:00:51.900 align:start position:0% did you incorporate 01:00:51.900 --> 01:00:55.270 align:start position:0% did you incorporate the<01:00:52.559>revised <01:00:53.180>well-cost <01:00:54.180>estimate <01:00:54.900>into 01:00:55.270 --> 01:00:55.280 align:start position:0% the revised well-cost estimate into 01:00:55.280 --> 01:00:57.530 align:start position:0% the revised well-cost estimate into exhibit<01:00:56.280>m 01:00:57.530 --> 01:00:57.540 align:start position:0% exhibit m 01:00:57.540 --> 01:01:01.670 align:start position:0% exhibit m uh<01:00:58.200>a <01:00:58.380>revised <01:00:58.920>exhibit <01:00:59.520>M <01:00:59.960>for <01:01:00.960>uh <01:01:01.380>this <01:01:01.559>unit 01:01:01.670 --> 01:01:01.680 align:start position:0% uh a revised exhibit M for uh this unit 01:01:01.680 --> 01:01:03.890 align:start position:0% uh a revised exhibit M for uh this unit BB<01:01:02.160>33. 01:01:03.890 --> 01:01:03.900 align:start position:0% BB 33. 01:01:03.900 --> 01:01:06.049 align:start position:0% BB 33. yes 01:01:06.049 --> 01:01:06.059 align:start position:0% yes 01:01:06.059 --> 01:01:11.030 align:start position:0% yes you<01:01:06.660>did <01:01:06.900>that <01:01:07.140>let <01:01:07.440>me <01:01:07.619>find <01:01:07.859>Mike 01:01:11.030 --> 01:01:11.040 align:start position:0% 01:01:11.040 --> 01:01:14.170 align:start position:0% and<01:01:11.520>when <01:01:11.700>you <01:01:11.880>did <01:01:12.059>that <01:01:12.299>did <01:01:12.720>the <01:01:13.140>total 01:01:14.170 --> 01:01:14.180 align:start position:0% and when you did that did the total 01:01:14.180 --> 01:01:18.829 align:start position:0% and when you did that did the total participation<01:01:15.180>number <01:01:16.020>for <01:01:16.859>BB <01:01:17.280>33 <01:01:17.839>combining 01:01:18.829 --> 01:01:18.839 align:start position:0% participation number for BB 33 combining 01:01:18.839 --> 01:01:21.170 align:start position:0% participation number for BB 33 combining panels<01:01:19.319>One <01:01:19.559>South <01:01:19.920>and <01:01:20.220>two <01:01:20.400>South <01:01:20.640>did <01:01:21.000>it 01:01:21.170 --> 01:01:21.180 align:start position:0% panels One South and two South did it 01:01:21.180 --> 01:01:23.510 align:start position:0% panels One South and two South did it change<01:01:21.359>slightly 01:01:23.510 --> 01:01:23.520 align:start position:0% change slightly 01:01:23.520 --> 01:01:26.270 align:start position:0% change slightly yes<01:01:24.180>it <01:01:24.420>did <01:01:24.599>change <01:01:24.780>slightly <01:01:25.319>okay <01:01:25.920>what 01:01:26.270 --> 01:01:26.280 align:start position:0% yes it did change slightly okay what 01:01:26.280 --> 01:01:29.390 align:start position:0% yes it did change slightly okay what will<01:01:26.760>the <01:01:27.000>new <01:01:27.119>number <01:01:27.359>be <01:01:27.780>in <01:01:28.440>your <01:01:28.680>revised 01:01:29.390 --> 01:01:29.400 align:start position:0% will the new number be in your revised 01:01:29.400 --> 01:01:32.329 align:start position:0% will the new number be in your revised exhibit<01:01:30.059>uh <01:01:30.540>BB <01:01:30.900>33 01:01:32.329 --> 01:01:32.339 align:start position:0% exhibit uh BB 33 01:01:32.339 --> 01:01:34.190 align:start position:0% exhibit uh BB 33 the<01:01:33.059>total 01:01:34.190 --> 01:01:34.200 align:start position:0% the total 01:01:34.200 --> 01:01:35.630 align:start position:0% the total um<01:01:34.260>allocated 01:01:35.630 --> 01:01:35.640 align:start position:0% um allocated 01:01:35.640 --> 01:01:39.049 align:start position:0% um allocated cost<01:01:36.359>for <01:01:36.780>unit <01:01:36.960>BB <01:01:37.380>33 01:01:39.049 --> 01:01:39.059 align:start position:0% cost for unit BB 33 01:01:39.059 --> 01:01:39.710 align:start position:0% cost for unit BB 33 um 01:01:39.710 --> 01:01:39.720 align:start position:0% um 01:01:39.720 --> 01:01:43.190 align:start position:0% um attributable<01:01:40.700>to <01:01:41.700>One <01:01:42.299>South <01:01:42.540>and <01:01:42.839>two <01:01:43.020>South 01:01:43.190 --> 01:01:43.200 align:start position:0% attributable to One South and two South 01:01:43.200 --> 01:01:46.010 align:start position:0% attributable to One South and two South panels<01:01:43.680>is <01:01:43.920>2 <01:01:44.280>million <01:01:44.760>eight <01:01:45.359>hundred <01:01:45.660>forty 01:01:46.010 --> 01:01:46.020 align:start position:0% panels is 2 million eight hundred forty 01:01:46.020 --> 01:01:48.109 align:start position:0% panels is 2 million eight hundred forty nine<01:01:46.260>thousand <01:01:46.799>five <01:01:47.160>hundred <01:01:47.280>one <01:01:47.640>dollars 01:01:48.109 --> 01:01:48.119 align:start position:0% nine thousand five hundred one dollars 01:01:48.119 --> 01:01:55.970 align:start position:0% nine thousand five hundred one dollars and<01:01:48.299>ninety <01:01:48.660>eight <01:01:48.720>cents 01:01:55.970 --> 01:01:55.980 align:start position:0% 01:01:55.980 --> 01:01:59.809 align:start position:0% so<01:01:56.520>roughly <01:01:57.059>two <01:01:57.359>thousand <01:01:57.720>dollar <01:01:57.900>increase 01:01:59.809 --> 01:01:59.819 align:start position:0% so roughly two thousand dollar increase 01:01:59.819 --> 01:02:04.430 align:start position:0% so roughly two thousand dollar increase and<01:02:00.720>and <01:02:01.200>that <01:02:01.619>number <01:02:01.859>then <01:02:02.280>uh <01:02:03.180>you <01:02:03.839>go <01:02:04.200>back 01:02:04.430 --> 01:02:04.440 align:start position:0% and and that number then uh you go back 01:02:04.440 --> 01:02:07.789 align:start position:0% and and that number then uh you go back to<01:02:04.920>for <01:02:05.220>example <01:02:05.640>just <01:02:06.059>to <01:02:06.299>illustrate <01:02:06.839>if <01:02:07.680>we 01:02:07.789 --> 01:02:07.799 align:start position:0% to for example just to illustrate if we 01:02:07.799 --> 01:02:11.030 align:start position:0% to for example just to illustrate if we go<01:02:08.040>back <01:02:08.280>to <01:02:08.760>a <01:02:09.059>page <01:02:09.540>in 01:02:11.030 --> 01:02:11.040 align:start position:0% go back to a page in 01:02:11.040 --> 01:02:13.150 align:start position:0% go back to a page in um 01:02:13.150 --> 01:02:13.160 align:start position:0% 01:02:13.160 --> 01:02:17.930 align:start position:0% three<01:02:14.160>if <01:02:14.880>we <01:02:15.119>go <01:02:15.299>into <01:02:15.540>page <01:02:16.020>two <01:02:16.440>exhibits 01:02:17.930 --> 01:02:17.940 align:start position:0% three if we go into page two exhibits 01:02:17.940 --> 01:02:21.530 align:start position:0% three if we go into page two exhibits um<01:02:18.000>page <01:02:18.660>number <01:02:18.900>page <01:02:20.040>10 <01:02:20.339>if <01:02:21.299>Mr 01:02:21.530 --> 01:02:21.540 align:start position:0% um page number PDF page 10 if Mr 01:02:21.540 --> 01:02:23.930 align:start position:0% um page number PDF page 10 if Mr Stilwell<01:02:22.200>wants <01:02:22.799>to <01:02:23.040>know <01:02:23.339>what <01:02:23.700>his 01:02:23.930 --> 01:02:23.940 align:start position:0% Stilwell wants to know what his 01:02:23.940 --> 01:02:27.109 align:start position:0% Stilwell wants to know what his participation<01:02:24.480>cost <01:02:24.900>would <01:02:25.380>be <01:02:25.819>uh <01:02:26.819>his 01:02:27.109 --> 01:02:27.119 align:start position:0% participation cost would be uh his 01:02:27.119 --> 01:02:30.770 align:start position:0% participation cost would be uh his participation<01:02:27.660>cost <01:02:28.079>in <01:02:28.440>one <01:02:28.740>South <01:02:29.240>is <01:02:30.240>uh 01:02:30.770 --> 01:02:30.780 align:start position:0% participation cost in one South is uh 01:02:30.780 --> 01:02:34.130 align:start position:0% participation cost in one South is uh the<01:02:31.260>percentage <01:02:31.799>stated <01:02:32.400>below 01:02:34.130 --> 01:02:34.140 align:start position:0% the percentage stated below 01:02:34.140 --> 01:02:38.270 align:start position:0% the percentage stated below um<01:02:34.559>or <01:02:35.160>opposite <01:02:35.760>his <01:02:36.119>name <01:02:36.359>for <01:02:37.260>one <01:02:37.559>South <01:02:37.920>in 01:02:38.270 --> 01:02:38.280 align:start position:0% um or opposite his name for one South in 01:02:38.280 --> 01:02:41.990 align:start position:0% um or opposite his name for one South in that<01:02:38.460>column <01:02:38.880>and <01:02:39.059>his <01:02:39.299>percentage <01:02:39.960>of <01:02:40.799>is <01:02:41.400>for 01:02:41.990 --> 01:02:42.000 align:start position:0% that column and his percentage of is for 01:02:42.000 --> 01:02:44.809 align:start position:0% that column and his percentage of is for two<01:02:42.180>south <01:02:42.480>is <01:02:42.720>the <01:02:42.960>percentage <01:02:43.380>stated <01:02:43.799>uh <01:02:44.460>in 01:02:44.809 --> 01:02:44.819 align:start position:0% two south is the percentage stated uh in 01:02:44.819 --> 01:02:46.910 align:start position:0% two south is the percentage stated uh in that<01:02:45.000>column <01:02:45.420>opposite <01:02:46.140>his <01:02:46.319>name <01:02:46.559>and <01:02:46.740>he 01:02:46.910 --> 01:02:46.920 align:start position:0% that column opposite his name and he 01:02:46.920 --> 01:02:49.309 align:start position:0% that column opposite his name and he would<01:02:47.040>multiply <01:02:47.460>that <01:02:47.760>times <01:02:48.240>the <01:02:49.020>total 01:02:49.309 --> 01:02:49.319 align:start position:0% would multiply that times the total 01:02:49.319 --> 01:02:52.609 align:start position:0% would multiply that times the total allocated<01:02:49.920>cost <01:02:50.460>for <01:02:50.880>b33 <01:02:51.599>to <01:02:51.900>come <01:02:52.079>up <01:02:52.200>with <01:02:52.440>a 01:02:52.609 --> 01:02:52.619 align:start position:0% allocated cost for b33 to come up with a 01:02:52.619 --> 01:02:54.230 align:start position:0% allocated cost for b33 to come up with a dollar<01:02:52.740>figure <01:02:53.099>if <01:02:53.640>you <01:02:53.760>wanted <01:02:54.000>to 01:02:54.230 --> 01:02:54.240 align:start position:0% dollar figure if you wanted to 01:02:54.240 --> 01:02:55.849 align:start position:0% dollar figure if you wanted to participate 01:02:55.849 --> 01:02:55.859 align:start position:0% participate 01:02:55.859 --> 01:02:59.089 align:start position:0% participate that's<01:02:56.460>correct <01:02:56.819>okay 01:02:59.089 --> 01:02:59.099 align:start position:0% that's correct okay 01:02:59.099 --> 01:03:01.309 align:start position:0% that's correct okay um<01:02:59.220>is <01:02:59.460>it <01:02:59.640>your <01:02:59.819>opinion <01:03:00.240>that 01:03:01.309 --> 01:03:01.319 align:start position:0% um is it your opinion that 01:03:01.319 --> 01:03:02.329 align:start position:0% um is it your opinion that um 01:03:02.329 --> 01:03:02.339 align:start position:0% um 01:03:02.339 --> 01:03:08.750 align:start position:0% um the<01:03:03.240>wells <01:03:03.619>contemplated <01:03:04.619>in <01:03:05.520>uh <01:03:06.720>BB <01:03:07.440>33 <01:03:08.160>in 01:03:08.750 --> 01:03:08.760 align:start position:0% the wells contemplated in uh BB 33 in 01:03:08.760 --> 01:03:12.530 align:start position:0% the wells contemplated in uh BB 33 in the<01:03:09.000>as <01:03:09.420>shown <01:03:09.960>on <01:03:10.200>the <01:03:10.440>the <01:03:10.680>map <01:03:10.920>at <01:03:11.400>pH <01:03:11.579>uh <01:03:12.119>14. <01:03:13.920>are <01:03:14.640>a <01:03:14.880>reasonable <01:03:15.240>way <01:03:15.780>to <01:03:16.200>try <01:03:16.440>to 01:03:16.609 --> 01:03:16.619 align:start position:0% page 14. are a reasonable way to try to 01:03:16.619 --> 01:03:21.470 align:start position:0% page 14. are a reasonable way to try to degas<01:03:17.280>the <01:03:18.240>coal <01:03:18.660>in <01:03:19.200>advance <01:03:19.440>of <01:03:19.859>mining 01:03:21.470 --> 01:03:21.480 align:start position:0% degas the coal in advance of mining 01:03:21.480 --> 01:03:22.910 align:start position:0% degas the coal in advance of mining yes 01:03:22.910 --> 01:03:22.920 align:start position:0% yes 01:03:22.920 --> 01:03:27.170 align:start position:0% yes and<01:03:23.700>if <01:03:24.059>we <01:03:24.359>combine <01:03:24.960>the <01:03:25.859>interest <01:03:26.460>that <01:03:27.000>the 01:03:27.170 --> 01:03:27.180 align:start position:0% and if we combine the interest that the 01:03:27.180 --> 01:03:29.569 align:start position:0% and if we combine the interest that the applicant<01:03:27.720>has <01:03:28.200>acquired <01:03:29.160>either <01:03:29.220>by 01:03:29.569 --> 01:03:29.579 align:start position:0% applicant has acquired either by 01:03:29.579 --> 01:03:33.250 align:start position:0% applicant has acquired either by ownership<01:03:30.000>or <01:03:30.780>or <01:03:31.079>by <01:03:31.500>agreement <01:03:32.160>and <01:03:32.520>lease 01:03:33.250 --> 01:03:33.260 align:start position:0% ownership or or by agreement and lease 01:03:33.260 --> 01:03:36.349 align:start position:0% ownership or or by agreement and lease with<01:03:34.260>a <01:03:34.619>pulling <01:03:34.980>order <01:03:35.160>uh <01:03:35.760>pulling <01:03:36.059>Mr 01:03:36.349 --> 01:03:36.359 align:start position:0% with a pulling order uh pulling Mr 01:03:36.359 --> 01:03:40.309 align:start position:0% with a pulling order uh pulling Mr Stillwell's<01:03:37.140>interest <01:03:37.579>in <01:03:38.579>the <01:03:38.819>uh <01:03:39.480>book <01:03:40.079>with 01:03:40.309 --> 01:03:40.319 align:start position:0% Stillwell's interest in the uh book with 01:03:40.319 --> 01:03:41.349 align:start position:0% Stillwell's interest in the uh book with two<01:03:40.500>gas 01:03:41.349 --> 01:03:41.359 align:start position:0% two gas 01:03:41.359 --> 01:03:44.270 align:start position:0% two gas will<01:03:42.359>his <01:03:42.720>well <01:03:43.020>well <01:03:43.380>frankly <01:03:43.920>will <01:03:44.099>the 01:03:44.270 --> 01:03:44.280 align:start position:0% will his well well frankly will the 01:03:44.280 --> 01:03:46.309 align:start position:0% will his well well frankly will the rights<01:03:44.520>have <01:03:44.640>all <01:03:44.940>owners <01:03:45.660>the <01:03:45.900>correlative 01:03:46.309 --> 01:03:46.319 align:start position:0% rights have all owners the correlative 01:03:46.319 --> 01:03:49.010 align:start position:0% rights have all owners the correlative rights<01:03:46.619>of <01:03:46.740>all <01:03:46.920>owners <01:03:47.400>be <01:03:47.640>protected 01:03:49.010 --> 01:03:49.020 align:start position:0% rights of all owners be protected 01:03:49.020 --> 01:03:50.990 align:start position:0% rights of all owners be protected yes 01:03:50.990 --> 01:03:51.000 align:start position:0% yes 01:03:51.000 --> 01:03:53.270 align:start position:0% yes that's<01:03:51.540>all <01:03:51.780>I <01:03:51.960>have <01:03:52.020>Mr <01:03:52.260>chairman 01:03:53.270 --> 01:03:53.280 align:start position:0% that's all I have Mr chairman 01:03:53.280 --> 01:03:57.170 align:start position:0% that's all I have Mr chairman any<01:03:53.760>questions <01:03:54.000>from <01:03:54.359>the <01:03:54.480>board 01:03:57.170 --> 01:03:57.180 align:start position:0% 01:03:57.180 --> 01:04:00.170 align:start position:0% Mr<01:03:57.920>uh <01:03:58.920>Miss <01:03:59.220>Mary <01:03:59.460>you <01:03:59.760>have <01:03:59.880>the <01:04:00.059>same 01:04:00.170 --> 01:04:00.180 align:start position:0% Mr uh Miss Mary you have the same 01:04:00.180 --> 01:04:01.910 align:start position:0% Mr uh Miss Mary you have the same problem<01:04:00.420>on <01:04:00.660>exhibit <01:04:01.079>B <01:04:01.260>as <01:04:01.500>the <01:04:01.680>other <01:04:01.740>one 01:04:01.910 --> 01:04:01.920 align:start position:0% problem on exhibit B as the other one 01:04:01.920 --> 01:04:03.770 align:start position:0% problem on exhibit B as the other one under<01:04:02.160>well <01:04:02.460>name <01:04:02.640>in <01:04:02.940>the <01:04:03.059>field <01:04:03.240>you've <01:04:03.660>got 01:04:03.770 --> 01:04:03.780 align:start position:0% under well name in the field you've got 01:04:03.780 --> 01:04:06.950 align:start position:0% under well name in the field you've got template<01:04:04.799>okay <01:04:05.280>as <01:04:05.520>long <01:04:05.700>as <01:04:05.880>those <01:04:06.180>will <01:04:06.839>be 01:04:06.950 --> 01:04:06.960 align:start position:0% template okay as long as those will be 01:04:06.960 --> 01:04:09.589 align:start position:0% template okay as long as those will be updated<01:04:07.319>and <01:04:07.740>provided <01:04:08.460>thank <01:04:09.119>you <01:04:09.240>any <01:04:09.420>other 01:04:09.589 --> 01:04:09.599 align:start position:0% updated and provided thank you any other 01:04:09.599 --> 01:04:12.410 align:start position:0% updated and provided thank you any other questions 01:04:12.410 --> 01:04:12.420 align:start position:0% 01:04:12.420 --> 01:04:16.549 align:start position:0% anything<01:04:12.900>further <01:04:13.380>Mr <01:04:13.559>Schwartz <01:04:14.160>no 01:04:16.549 --> 01:04:16.559 align:start position:0% anything further Mr Schwartz no 01:04:16.559 --> 01:04:18.890 align:start position:0% anything further Mr Schwartz no board<01:04:16.859>operates <01:04:17.339>on <01:04:17.520>a <01:04:17.700>motion 01:04:18.890 --> 01:04:18.900 align:start position:0% board operates on a motion 01:04:18.900 --> 01:04:22.750 align:start position:0% board operates on a motion I'll<01:04:19.440>move <01:04:19.680>for <01:04:19.980>approval 01:04:22.750 --> 01:04:22.760 align:start position:0% 01:04:22.760 --> 01:04:25.809 align:start position:0% any<01:04:23.760>discussion 01:04:25.809 --> 01:04:25.819 align:start position:0% any discussion 01:04:25.819 --> 01:04:28.010 align:start position:0% any discussion schema<01:04:26.819>where <01:04:27.000>you <01:04:27.119>pull <01:04:27.299>the <01:04:27.480>board <01:04:27.660>Please 01:04:28.010 --> 01:04:28.020 align:start position:0% schema where you pull the board Please 01:04:28.020 --> 01:04:32.690 align:start position:0% schema where you pull the board Please Mr<01:04:28.920>Harris <01:04:29.240>uh <01:04:30.240>yes <01:04:30.480>Mr <01:04:31.200>Ratliff <01:04:31.799>yes <01:04:32.099>Mr 01:04:32.690 --> 01:04:32.700 align:start position:0% Mr Harris uh yes Mr Ratliff yes Mr 01:04:32.700 --> 01:04:37.430 align:start position:0% Mr Harris uh yes Mr Ratliff yes Mr Jameson<01:04:33.359>yes <01:04:33.839>Mrs <01:04:34.740>yes 01:04:37.430 --> 01:04:37.440 align:start position:0% 01:04:37.440 --> 01:04:39.049 align:start position:0% yeah 01:04:39.049 --> 01:04:39.059 align:start position:0% yeah 01:04:39.059 --> 01:04:41.210 align:start position:0% yeah thank<01:04:39.599>you <01:04:39.720>Mr <01:04:40.020>Schwartz <01:04:40.500>that's <01:04:40.680>approved <01:04:41.099>as 01:04:41.210 --> 01:04:41.220 align:start position:0% thank you Mr Schwartz that's approved as 01:04:41.220 --> 01:04:42.289 align:start position:0% thank you Mr Schwartz that's approved as presented 01:04:42.289 --> 01:04:42.299 align:start position:0% presented 01:04:42.299 --> 01:04:46.730 align:start position:0% presented appreciate<01:04:42.960>it <01:04:43.140>thank <01:04:43.500>you <01:04:43.619>thank <01:04:44.460>you 01:04:46.730 --> 01:04:46.740 align:start position:0% 01:04:46.740 --> 01:04:48.829 align:start position:0% next<01:04:47.220>item <01:04:47.520>on <01:04:47.640>the <01:04:47.819>docket <01:04:48.119>is <01:04:48.240>petition <01:04:48.599>for 01:04:48.829 --> 01:04:48.839 align:start position:0% next item on the docket is petition for 01:04:48.839 --> 01:04:51.349 align:start position:0% next item on the docket is petition for intervest<01:04:49.260>operations <01:04:49.740>LLC <01:04:50.460>for <01:04:50.700>re-pulling 01:04:51.349 --> 01:04:51.359 align:start position:0% intervest operations LLC for re-pulling 01:04:51.359 --> 01:04:53.289 align:start position:0% intervest operations LLC for re-pulling unit<01:04:51.660>number 01:04:53.289 --> 01:04:53.299 align:start position:0% unit number 01:04:53.299 --> 01:05:00.370 align:start position:0% unit number 538420<01:04:54.299>docket <01:04:55.140>number <01:04:55.520>vgov <01:04:57.020>22-06 01:05:00.370 --> 01:05:00.380 align:start position:0% 01:05:00.380 --> 01:05:02.630 align:start position:0% 21-4242-01<01:05:01.380>all <01:05:01.680>parties <01:05:01.980>interested <01:05:02.400>please 01:05:02.630 --> 01:05:02.640 align:start position:0% 21-4242-01 all parties interested please 01:05:02.640 --> 01:05:04.609 align:start position:0% 21-4242-01 all parties interested please come<01:05:02.880>forward 01:05:04.609 --> 01:05:04.619 align:start position:0% come forward 01:05:04.619 --> 01:05:07.370 align:start position:0% come forward Tim<01:05:05.220>Scott <01:05:05.520>Larry <01:05:06.359>Reeves <01:05:06.660>and <01:05:06.839>James <01:05:07.200>Ayers 01:05:07.370 --> 01:05:07.380 align:start position:0% Tim Scott Larry Reeves and James Ayers 01:05:07.380 --> 01:05:11.329 align:start position:0% Tim Scott Larry Reeves and James Ayers for<01:05:07.559>intervest <01:05:08.040>operating <01:05:08.579>LLC 01:05:11.329 --> 01:05:11.339 align:start position:0% 01:05:11.339 --> 01:05:13.670 align:start position:0% we<01:05:11.819>need <01:05:12.000>to <01:05:12.180>swear <01:05:12.540>in <01:05:12.660>your 01:05:13.670 --> 01:05:13.680 align:start position:0% we need to swear in your 01:05:13.680 --> 01:05:17.390 align:start position:0% we need to swear in your your<01:05:13.740>witness <01:05:14.339>Mr <01:05:14.819>Scott 01:05:17.390 --> 01:05:17.400 align:start position:0% 01:05:17.400 --> 01:05:20.809 align:start position:0% what<01:05:17.880>was <01:05:18.059>the <01:05:18.180>other <01:05:18.299>website 01:05:20.809 --> 01:05:20.819 align:start position:0% 01:05:20.819 --> 01:05:23.329 align:start position:0% James<01:05:21.599>Ayers <01:05:21.720>James 01:05:23.329 --> 01:05:23.339 align:start position:0% James Ayers James 01:05:23.339 --> 01:05:27.890 align:start position:0% James Ayers James Ayers 01:05:27.890 --> 01:05:27.900 align:start position:0% 01:05:27.900 --> 01:05:34.370 align:start position:0% it's<01:05:28.559>uh <01:05:28.740>airs <01:05:29.480>a-y-e-r-s <01:05:30.480>sorry 01:05:34.370 --> 01:05:34.380 align:start position:0% 01:05:34.380 --> 01:05:37.190 align:start position:0% Mr<01:05:35.280>Ayers <01:05:35.460>Mr <01:05:35.880>Reeves <01:05:36.299>do <01:05:36.480>you <01:05:36.599>swear <01:05:36.839>in <01:05:37.020>his 01:05:37.190 --> 01:05:37.200 align:start position:0% Mr Ayers Mr Reeves do you swear in his 01:05:37.200 --> 01:05:38.990 align:start position:0% Mr Ayers Mr Reeves do you swear in his firm<01:05:37.500>that <01:05:37.619>your <01:05:37.859>testimony <01:05:38.339>is <01:05:38.579>the <01:05:38.760>truth 01:05:38.990 --> 01:05:39.000 align:start position:0% firm that your testimony is the truth 01:05:39.000 --> 01:05:40.730 align:start position:0% firm that your testimony is the truth the<01:05:39.240>whole <01:05:39.420>truth <01:05:39.780>and <01:05:39.960>nothing <01:05:40.140>but <01:05:40.500>the 01:05:40.730 --> 01:05:40.740 align:start position:0% the whole truth and nothing but the 01:05:40.740 --> 01:05:42.470 align:start position:0% the whole truth and nothing but the truth 01:05:42.470 --> 01:05:42.480 align:start position:0% truth 01:05:42.480 --> 01:05:45.130 align:start position:0% truth yes<01:05:43.200>got <01:05:43.920>it 01:05:45.130 --> 01:05:45.140 align:start position:0% yes got it 01:05:45.140 --> 01:05:48.049 align:start position:0% yes got it Mr<01:05:46.140>Scott <01:05:46.440>you <01:05:46.680>may <01:05:46.859>proceed 01:05:48.049 --> 01:05:48.059 align:start position:0% Mr Scott you may proceed 01:05:48.059 --> 01:05:50.270 align:start position:0% Mr Scott you may proceed thank<01:05:48.540>you <01:05:48.599>Mr <01:05:48.720>chairman <01:05:49.079>Mr <01:05:49.740>Reese <01:05:50.160>please 01:05:50.270 --> 01:05:50.280 align:start position:0% thank you Mr chairman Mr Reese please 01:05:50.280 --> 01:05:51.829 align:start position:0% thank you Mr chairman Mr Reese please get<01:05:50.460>your <01:05:50.640>name <01:05:50.760>behind <01:05:51.059>your <01:05:51.299>employee <01:05:51.660>or 01:05:51.829 --> 01:05:51.839 align:start position:0% get your name behind your employee or 01:05:51.839 --> 01:05:54.410 align:start position:0% get your name behind your employee or job<01:05:51.960>description <01:05:52.400>uh <01:05:53.400>Larry <01:05:53.760>Reeves <01:05:54.059>I'm 01:05:54.410 --> 01:05:54.420 align:start position:0% job description uh Larry Reeves I'm 01:05:54.420 --> 01:05:56.510 align:start position:0% job description uh Larry Reeves I'm employed<01:05:54.839>by <01:05:54.960>intervest <01:05:55.380>operating <01:05:55.859>as <01:05:56.339>a 01:05:56.510 --> 01:05:56.520 align:start position:0% employed by intervest operating as a 01:05:56.520 --> 01:05:58.190 align:start position:0% employed by intervest operating as a landman<01:05:56.880>and <01:05:57.420>you're <01:05:57.660>familiar <01:05:57.900>with <01:05:58.020>this 01:05:58.190 --> 01:05:58.200 align:start position:0% landman and you're familiar with this 01:05:58.200 --> 01:06:00.289 align:start position:0% landman and you're familiar with this application<01:05:58.619>pending <01:05:59.160>before <01:05:59.280>the <01:05:59.520>board <01:05:59.700>yes 01:06:00.289 --> 01:06:00.299 align:start position:0% application pending before the board yes 01:06:00.299 --> 01:06:02.630 align:start position:0% application pending before the board yes sir<01:06:00.540>and <01:06:01.140>is <01:06:01.559>this <01:06:01.740>unit <01:06:01.920>located <01:06:02.220>in <01:06:02.520>the 01:06:02.630 --> 01:06:02.640 align:start position:0% sir and is this unit located in the 01:06:02.640 --> 01:06:05.210 align:start position:0% sir and is this unit located in the Court<01:06:02.819>North <01:06:03.299>called <01:06:03.599>that <01:06:03.839>gas <01:06:04.020>field <01:06:04.260>yes <01:06:05.040>it 01:06:05.210 --> 01:06:05.220 align:start position:0% Court North called that gas field yes it 01:06:05.220 --> 01:06:08.829 align:start position:0% Court North called that gas field yes it is<01:06:05.339>how <01:06:05.819>many <01:06:06.000>acres <01:06:06.540>this <01:06:06.780>unit <01:06:06.960>contain 01:06:08.829 --> 01:06:08.839 align:start position:0% is how many acres this unit contain 01:06:08.839 --> 01:06:12.890 align:start position:0% is how many acres this unit contain 58.8<01:06:09.839>acres <01:06:10.440>and <01:06:11.400>intervest <01:06:12.359>has <01:06:12.660>a 01:06:12.890 --> 01:06:12.900 align:start position:0% 58.8 acres and intervest has a 01:06:12.900 --> 01:06:14.569 align:start position:0% 58.8 acres and intervest has a substantial<01:06:13.260>part <01:06:13.500>of <01:06:13.680>this <01:06:13.799>unit <01:06:14.280>under 01:06:14.569 --> 01:06:14.579 align:start position:0% substantial part of this unit under 01:06:14.579 --> 01:06:16.309 align:start position:0% substantial part of this unit under lease<01:06:14.940>and <01:06:15.119>or <01:06:15.240>under <01:06:15.420>ownership <01:06:15.839>is <01:06:16.140>that 01:06:16.309 --> 01:06:16.319 align:start position:0% lease and or under ownership is that 01:06:16.319 --> 01:06:17.930 align:start position:0% lease and or under ownership is that correct<01:06:16.500>yes <01:06:16.980>sir <01:06:17.160>are <01:06:17.579>there <01:06:17.760>any 01:06:17.930 --> 01:06:17.940 align:start position:0% correct yes sir are there any 01:06:17.940 --> 01:06:19.910 align:start position:0% correct yes sir are there any respondents<01:06:18.540>listed <01:06:18.839>on <01:06:18.960>exhibit <01:06:19.319>V3 <01:06:19.680>that 01:06:19.910 --> 01:06:19.920 align:start position:0% respondents listed on exhibit V3 that 01:06:19.920 --> 01:06:21.049 align:start position:0% respondents listed on exhibit V3 that we're<01:06:20.040>going <01:06:20.160>to <01:06:20.280>dismiss <01:06:20.700>in <01:06:20.940>the 01:06:21.049 --> 01:06:21.059 align:start position:0% we're going to dismiss in the 01:06:21.059 --> 01:06:23.210 align:start position:0% we're going to dismiss in the application<01:06:21.359>today <01:06:21.540>no <01:06:22.260>and <01:06:22.859>do <01:06:22.980>we <01:06:23.099>have 01:06:23.210 --> 01:06:23.220 align:start position:0% application today no and do we have 01:06:23.220 --> 01:06:25.250 align:start position:0% application today no and do we have unknown<01:06:23.579>parties <01:06:24.059>in <01:06:24.240>this <01:06:24.359>unit 01:06:25.250 --> 01:06:25.260 align:start position:0% unknown parties in this unit 01:06:25.260 --> 01:06:28.670 align:start position:0% unknown parties in this unit yes<01:06:25.920>and <01:06:27.000>um <01:06:27.000>I <01:06:27.420>believe <01:06:27.599>the <01:06:28.020>uh <01:06:28.380>the <01:06:28.619>only 01:06:28.670 --> 01:06:28.680 align:start position:0% yes and um I believe the uh the only 01:06:28.680 --> 01:06:31.069 align:start position:0% yes and um I believe the uh the only respondent<01:06:29.400>is <01:06:30.000>an <01:06:30.180>unknown <01:06:30.480>party <01:06:30.720>is <01:06:30.900>that 01:06:31.069 --> 01:06:31.079 align:start position:0% respondent is an unknown party is that 01:06:31.079 --> 01:06:33.710 align:start position:0% respondent is an unknown party is that correct<01:06:31.260>yes <01:06:31.619>and <01:06:32.099>how <01:06:32.339>were <01:06:32.579>the <01:06:33.480>parties 01:06:33.710 --> 01:06:33.720 align:start position:0% correct yes and how were the parties 01:06:33.720 --> 01:06:35.930 align:start position:0% correct yes and how were the parties respondent<01:06:34.140>notified <01:06:34.440>of <01:06:34.680>this <01:06:34.859>hearing <01:06:35.220>of 01:06:35.930 --> 01:06:35.940 align:start position:0% respondent notified of this hearing of 01:06:35.940 --> 01:06:38.210 align:start position:0% respondent notified of this hearing of publication<01:06:36.359>in <01:06:36.660>the <01:06:36.839>Bluefield <01:06:37.200>newspaper <01:06:37.740>I 01:06:38.210 --> 01:06:38.220 align:start position:0% publication in the Bluefield newspaper I 01:06:38.220 --> 01:06:39.829 align:start position:0% publication in the Bluefield newspaper I believe<01:06:38.400>this <01:06:38.640>was <01:06:38.760>the <01:06:38.880>Dickinson <01:06:39.240>star <01:06:39.539>is 01:06:39.829 --> 01:06:39.839 align:start position:0% believe this was the Dickinson star is 01:06:39.839 --> 01:06:41.270 align:start position:0% believe this was the Dickinson star is that<01:06:39.960>right 01:06:41.270 --> 01:06:41.280 align:start position:0% that right 01:06:41.280 --> 01:06:43.849 align:start position:0% that right I<01:06:41.760>know <01:06:42.000>this <01:06:42.240>is <01:06:42.359>for <01:06:42.480>County <01:06:42.720>okay <01:06:43.380>I'm <01:06:43.740>sorry 01:06:43.849 --> 01:06:43.859 align:start position:0% I know this is for County okay I'm sorry 01:06:43.859 --> 01:06:46.370 align:start position:0% I know this is for County okay I'm sorry Bluefield<01:06:44.460>Daily <01:06:44.700>Telegraph <01:06:45.180>sorry <01:06:45.660>is <01:06:46.260>that 01:06:46.370 --> 01:06:46.380 align:start position:0% Bluefield Daily Telegraph sorry is that 01:06:46.380 --> 01:06:49.370 align:start position:0% Bluefield Daily Telegraph sorry is that correct<01:06:46.500>Mr <01:06:46.920>Reed <01:06:47.220>yes <01:06:47.460>okay <01:06:47.819>and <01:06:48.480>we <01:06:48.720>filed 01:06:49.370 --> 01:06:49.380 align:start position:0% correct Mr Reed yes okay and we filed 01:06:49.380 --> 01:06:51.109 align:start position:0% correct Mr Reed yes okay and we filed proof<01:06:49.559>of <01:06:49.619>publication <01:06:50.039>with <01:06:50.280>the <01:06:50.400>board <01:06:50.579>yes 01:06:51.109 --> 01:06:51.119 align:start position:0% proof of publication with the board yes 01:06:51.119 --> 01:06:52.849 align:start position:0% proof of publication with the board yes we<01:06:51.420>have <01:06:51.599>and <01:06:52.020>is <01:06:52.319>there <01:06:52.500>an <01:06:52.619>escrow 01:06:52.849 --> 01:06:52.859 align:start position:0% we have and is there an escrow 01:06:52.859 --> 01:06:55.430 align:start position:0% we have and is there an escrow requirement<01:06:53.280>for <01:06:53.460>this <01:06:53.579>unit <01:06:53.760>no 01:06:55.430 --> 01:06:55.440 align:start position:0% requirement for this unit no 01:06:55.440 --> 01:06:57.109 align:start position:0% requirement for this unit no um<01:06:55.500>is <01:06:55.680>Enterprise <01:06:55.920>authorized <01:06:56.520>to <01:06:56.760>transact 01:06:57.109 --> 01:06:57.119 align:start position:0% um is Enterprise authorized to transact 01:06:57.119 --> 01:06:58.970 align:start position:0% um is Enterprise authorized to transact business<01:06:57.299>in <01:06:57.539>the <01:06:57.720>Commonwealth <01:06:58.260>yes <01:06:58.559>and <01:06:58.859>is 01:06:58.970 --> 01:06:58.980 align:start position:0% business in the Commonwealth yes and is 01:06:58.980 --> 01:07:00.890 align:start position:0% business in the Commonwealth yes and is there<01:06:59.160>a <01:06:59.280>bond <01:06:59.400>on <01:06:59.640>file <01:06:59.940>with <01:07:00.059>the <01:07:00.240>board <01:07:00.359>yes 01:07:00.890 --> 01:07:00.900 align:start position:0% there a bond on file with the board yes 01:07:00.900 --> 01:07:03.289 align:start position:0% there a bond on file with the board yes there<01:07:01.200>is <01:07:01.740>um <01:07:01.799>what <01:07:02.520>lease <01:07:02.819>terms <01:07:03.059>would <01:07:03.180>you 01:07:03.289 --> 01:07:03.299 align:start position:0% there is um what lease terms would you 01:07:03.299 --> 01:07:05.210 align:start position:0% there is um what lease terms would you offer<01:07:03.539>it <01:07:03.660>to <01:07:03.839>any <01:07:03.960>Unleashed <01:07:04.440>parties <01:07:04.740>or <01:07:04.980>the 01:07:05.210 --> 01:07:05.220 align:start position:0% offer it to any Unleashed parties or the 01:07:05.220 --> 01:07:08.109 align:start position:0% offer it to any Unleashed parties or the person<01:07:05.520>listed <01:07:06.000>on <01:07:06.119>exhibit <01:07:06.480>B3 01:07:08.109 --> 01:07:08.119 align:start position:0% person listed on exhibit B3 01:07:08.119 --> 01:07:11.450 align:start position:0% person listed on exhibit B3 of<01:07:09.119>five <01:07:09.480>dollars <01:07:09.720>an <01:07:09.960>acre <01:07:10.260>per <01:07:10.559>year <01:07:10.799>for <01:07:11.280>a 01:07:11.450 --> 01:07:11.460 align:start position:0% of five dollars an acre per year for a 01:07:11.460 --> 01:07:13.970 align:start position:0% of five dollars an acre per year for a five-year<01:07:12.119>paid <01:07:12.359>up <01:07:12.539>lease <01:07:12.780>okay <01:07:13.079>and <01:07:13.740>do <01:07:13.920>you 01:07:13.970 --> 01:07:13.980 align:start position:0% five-year paid up lease okay and do you 01:07:13.980 --> 01:07:15.289 align:start position:0% five-year paid up lease okay and do you think<01:07:14.099>this <01:07:14.280>is <01:07:14.400>a <01:07:14.520>reasonable <01:07:14.819>compensation 01:07:15.289 --> 01:07:15.299 align:start position:0% think this is a reasonable compensation 01:07:15.299 --> 01:07:17.510 align:start position:0% think this is a reasonable compensation for<01:07:15.539>at <01:07:15.660>least <01:07:15.780>in <01:07:15.960>this <01:07:16.140>area <01:07:16.260>yes <01:07:16.799>and <01:07:17.339>what 01:07:17.510 --> 01:07:17.520 align:start position:0% for at least in this area yes and what 01:07:17.520 --> 01:07:20.210 align:start position:0% for at least in this area yes and what percentage<01:07:18.000>of <01:07:18.119>the <01:07:18.900>uh <01:07:19.200>unit <01:07:19.559>does <01:07:19.799>intervest 01:07:20.210 --> 01:07:20.220 align:start position:0% percentage of the uh unit does intervest 01:07:20.220 --> 01:07:21.950 align:start position:0% percentage of the uh unit does intervest have<01:07:20.400>in <01:07:20.579>the <01:07:20.700>release 01:07:21.950 --> 01:07:21.960 align:start position:0% have in the release 01:07:21.960 --> 01:07:24.260 align:start position:0% have in the release uh 01:07:24.260 --> 01:07:24.270 align:start position:0% uh 01:07:24.270 --> 01:07:26.470 align:start position:0% [Music] 01:07:26.470 --> 01:07:26.480 align:start position:0% [Music] 01:07:26.480 --> 01:07:29.690 align:start position:0% [Music] 97.47142857<01:07:27.559>and <01:07:28.559>again <01:07:28.740>this <01:07:29.099>does <01:07:29.280>include 01:07:29.690 --> 01:07:29.700 align:start position:0% 97.47142857 and again this does include 01:07:29.700 --> 01:07:32.029 align:start position:0% 97.47142857 and again this does include acreage<01:07:30.240>in <01:07:30.359>which <01:07:30.680>intervests <01:07:31.680>is <01:07:31.740>the <01:07:31.859>fee 01:07:32.029 --> 01:07:32.039 align:start position:0% acreage in which intervests is the fee 01:07:32.039 --> 01:07:33.289 align:start position:0% acreage in which intervests is the fee simple<01:07:32.220>owner <01:07:32.520>of <01:07:32.579>the <01:07:32.700>minerals <01:07:33.000>is <01:07:33.119>that 01:07:33.289 --> 01:07:33.299 align:start position:0% simple owner of the minerals is that 01:07:33.299 --> 01:07:35.270 align:start position:0% simple owner of the minerals is that right<01:07:33.420>yes <01:07:33.839>it <01:07:34.079>does <01:07:34.260>and <01:07:34.619>what <01:07:34.740>percentage <01:07:35.160>of 01:07:35.270 --> 01:07:35.280 align:start position:0% right yes it does and what percentage of 01:07:35.280 --> 01:07:42.309 align:start position:0% right yes it does and what percentage of the<01:07:35.400>of <01:07:35.700>the <01:07:36.000>unity <01:07:36.599>seeking <01:07:37.140>school <01:07:37.319>today 01:07:42.309 --> 01:07:42.319 align:start position:0% 01:07:42.319 --> 01:07:45.230 align:start position:0% 2.52857143<01:07:43.460>and <01:07:44.460>you're <01:07:44.640>asking <01:07:44.940>the <01:07:45.059>board 01:07:45.230 --> 01:07:45.240 align:start position:0% 2.52857143 and you're asking the board 01:07:45.240 --> 01:07:46.910 align:start position:0% 2.52857143 and you're asking the board as<01:07:45.480>your <01:07:45.660>pool <01:07:45.839>is <01:07:45.960>the <01:07:46.079>only <01:07:46.200>party <01:07:46.440>list <01:07:46.680>on 01:07:46.910 --> 01:07:46.920 align:start position:0% as your pool is the only party list on 01:07:46.920 --> 01:07:49.670 align:start position:0% as your pool is the only party list on the<01:07:47.099>B3 <01:07:47.880>is <01:07:48.119>that <01:07:48.240>correct <01:07:48.539>yes <01:07:49.079>and <01:07:49.440>an 01:07:49.670 --> 01:07:49.680 align:start position:0% the B3 is that correct yes and an 01:07:49.680 --> 01:07:50.990 align:start position:0% the B3 is that correct yes and an interesting<01:07:50.039>name <01:07:50.220>the <01:07:50.460>operator <01:07:50.640>for <01:07:50.880>this 01:07:50.990 --> 01:07:51.000 align:start position:0% interesting name the operator for this 01:07:51.000 --> 01:07:54.710 align:start position:0% interesting name the operator for this unit<01:07:51.119>is <01:07:51.420>that <01:07:51.539>also <01:07:51.839>correct <01:07:52.140>yes <01:07:52.680>sir <01:07:52.859>and <01:07:53.640>if 01:07:54.710 --> 01:07:54.720 align:start position:0% unit is that also correct yes sir and if 01:07:54.720 --> 01:07:56.990 align:start position:0% unit is that also correct yes sir and if um<01:07:54.780>we <01:07:55.140>were <01:07:55.260>able <01:07:55.440>to <01:07:55.500>reach <01:07:55.859>an <01:07:56.099>agreement 01:07:56.990 --> 01:07:57.000 align:start position:0% um we were able to reach an agreement 01:07:57.000 --> 01:07:59.390 align:start position:0% um we were able to reach an agreement with<01:07:57.720>the <01:07:57.960>individuals <01:07:58.440>listed <01:07:58.799>on <01:07:58.980>exhibit 01:07:59.390 --> 01:07:59.400 align:start position:0% with the individuals listed on exhibit 01:07:59.400 --> 01:08:03.109 align:start position:0% with the individuals listed on exhibit V3<01:07:59.760>with <01:08:00.180>errors <01:08:00.720>what <01:08:01.920>um 01:08:03.109 --> 01:08:03.119 align:start position:0% V3 with errors what um 01:08:03.119 --> 01:08:05.029 align:start position:0% V3 with errors what um what<01:08:03.599>would <01:08:03.660>be <01:08:03.780>the <01:08:03.900>address <01:08:04.079>used <01:08:04.440>for <01:08:04.740>any 01:08:05.029 --> 01:08:05.039 align:start position:0% what would be the address used for any 01:08:05.039 --> 01:08:07.190 align:start position:0% what would be the address used for any uh<01:08:05.400>party <01:08:05.760>making <01:08:06.059>an <01:08:06.359>election <01:08:06.660>under <01:08:06.960>an 01:08:07.190 --> 01:08:07.200 align:start position:0% uh party making an election under an 01:08:07.200 --> 01:08:09.289 align:start position:0% uh party making an election under an order<01:08:07.319>entered <01:08:07.680>by <01:08:07.799>the <01:08:07.920>board 01:08:09.289 --> 01:08:09.299 align:start position:0% order entered by the board 01:08:09.299 --> 01:08:12.309 align:start position:0% order entered by the board intervest<01:08:10.140>operating <01:08:10.680>LLC 01:08:12.309 --> 01:08:12.319 align:start position:0% intervest operating LLC 01:08:12.319 --> 01:08:17.410 align:start position:0% intervest operating LLC 408<01:08:13.319>West <01:08:14.220>Main <01:08:14.579>Street <01:08:14.880>Abingdon <01:08:15.780>Virginia 01:08:17.410 --> 01:08:17.420 align:start position:0% 408 West Main Street Abingdon Virginia 01:08:17.420 --> 01:08:19.090 align:start position:0% 408 West Main Street Abingdon Virginia 24210 01:08:19.090 --> 01:08:19.100 align:start position:0% 24210 01:08:19.100 --> 01:08:21.829 align:start position:0% 24210 attention<01:08:20.100>Kevin <01:08:20.520>Miller <01:08:20.880>vice <01:08:21.600>president 01:08:21.829 --> 01:08:21.839 align:start position:0% attention Kevin Miller vice president 01:08:21.839 --> 01:08:23.930 align:start position:0% attention Kevin Miller vice president land<01:08:22.319>and <01:08:22.980>should <01:08:23.160>this <01:08:23.339>be <01:08:23.460>the <01:08:23.640>address <01:08:23.699>for 01:08:23.930 --> 01:08:23.940 align:start position:0% land and should this be the address for 01:08:23.940 --> 01:08:25.669 align:start position:0% land and should this be the address for all<01:08:24.120>Communications <01:08:24.600>with <01:08:24.900>regard <01:08:25.199>to <01:08:25.500>this 01:08:25.669 --> 01:08:25.679 align:start position:0% all Communications with regard to this 01:08:25.679 --> 01:08:28.309 align:start position:0% all Communications with regard to this any<01:08:26.040>pooling <01:08:26.460>order <01:08:26.640>yes 01:08:28.309 --> 01:08:28.319 align:start position:0% any pooling order yes 01:08:28.319 --> 01:08:31.430 align:start position:0% any pooling order yes that's<01:08:28.799>all <01:08:28.980>I <01:08:29.100>have <01:08:29.219>for <01:08:29.279>Mr <01:08:29.460>Reeves 01:08:31.430 --> 01:08:31.440 align:start position:0% that's all I have for Mr Reeves 01:08:31.440 --> 01:08:32.809 align:start position:0% that's all I have for Mr Reeves any<01:08:31.799>questions 01:08:32.809 --> 01:08:32.819 align:start position:0% any questions 01:08:32.819 --> 01:08:34.910 align:start position:0% any questions commissioner<01:08:33.540>Reese 01:08:34.910 --> 01:08:34.920 align:start position:0% commissioner Reese 01:08:34.920 --> 01:08:36.890 align:start position:0% commissioner Reese is<01:08:35.400>this <01:08:35.640>one <01:08:35.819>clarification <01:08:36.359>can <01:08:36.719>you 01:08:36.890 --> 01:08:36.900 align:start position:0% is this one clarification can you 01:08:36.900 --> 01:08:39.289 align:start position:0% is this one clarification can you clarify<01:08:37.380>why <01:08:37.739>this <01:08:37.980>is <01:08:38.160>deemed <01:08:38.580>a <01:08:38.699>reprooling 01:08:39.289 --> 01:08:39.299 align:start position:0% clarify why this is deemed a reprooling 01:08:39.299 --> 01:08:42.769 align:start position:0% clarify why this is deemed a reprooling as<01:08:39.480>opposed <01:08:39.779>to <01:08:39.779>a <01:08:39.960>fully <01:08:40.440>application 01:08:42.769 --> 01:08:42.779 align:start position:0% as opposed to a fully application 01:08:42.779 --> 01:08:46.370 align:start position:0% as opposed to a fully application we<01:08:43.319>had <01:08:43.440>previously <01:08:44.100>pulled <01:08:45.000>this <01:08:45.540>well 01:08:46.370 --> 01:08:46.380 align:start position:0% we had previously pulled this well 01:08:46.380 --> 01:08:49.010 align:start position:0% we had previously pulled this well um do<01:08:47.339>you <01:08:47.460>remember <01:08:47.580>the <01:08:47.819>date <01:08:48.060>he <01:08:48.719>was <01:08:48.900>in 01:08:49.010 --> 01:08:49.020 align:start position:0% um do you remember the date he was in 01:08:49.020 --> 01:08:51.229 align:start position:0% um do you remember the date he was in June<01:08:49.259>of <01:08:49.380>2022 01:08:51.229 --> 01:08:51.239 align:start position:0% June of 2022 01:08:51.239 --> 01:08:54.410 align:start position:0% June of 2022 since<01:08:51.900>that <01:08:52.199>time <01:08:52.560>we <01:08:53.520>have 01:08:54.410 --> 01:08:54.420 align:start position:0% since that time we have 01:08:54.420 --> 01:08:55.309 align:start position:0% since that time we have um 01:08:55.309 --> 01:08:55.319 align:start position:0% um 01:08:55.319 --> 01:08:57.229 align:start position:0% um we<01:08:55.859>have <01:08:55.980>discovered <01:08:56.339>that <01:08:56.640>there <01:08:56.819>was <01:08:57.000>a 01:08:57.229 --> 01:08:57.239 align:start position:0% we have discovered that there was a 01:08:57.239 --> 01:09:00.470 align:start position:0% we have discovered that there was a tracked<01:08:57.660>Mist <01:08:58.140>at <01:08:58.739>that <01:08:58.920>point <01:08:59.100>so <01:08:59.759>therefore 01:09:00.470 --> 01:09:00.480 align:start position:0% tracked Mist at that point so therefore 01:09:00.480 --> 01:09:02.090 align:start position:0% tracked Mist at that point so therefore pre-cooling 01:09:02.090 --> 01:09:02.100 align:start position:0% pre-cooling 01:09:02.100 --> 01:09:04.189 align:start position:0% pre-cooling and<01:09:02.520>that <01:09:02.759>percentages <01:09:03.239>of <01:09:03.600>the <01:09:03.779>lead <01:09:03.960>versus 01:09:04.189 --> 01:09:04.199 align:start position:0% and that percentages of the lead versus 01:09:04.199 --> 01:09:06.950 align:start position:0% and that percentages of the lead versus families<01:09:04.620>change <01:09:04.920>as <01:09:05.160>well <01:09:05.279>yeah <01:09:05.759>right <01:09:06.120>yes 01:09:06.950 --> 01:09:06.960 align:start position:0% families change as well yeah right yes 01:09:06.960 --> 01:09:08.749 align:start position:0% families change as well yeah right yes yes sir 01:09:08.749 --> 01:09:08.759 align:start position:0% yes sir 01:09:08.759 --> 01:09:10.729 align:start position:0% yes sir so<01:09:09.179>which <01:09:09.359>is <01:09:09.540>a <01:09:09.719>new <01:09:09.779>track <01:09:10.020>which <01:09:10.440>is <01:09:10.560>it 01:09:10.729 --> 01:09:10.739 align:start position:0% so which is a new track which is it 01:09:10.739 --> 01:09:13.669 align:start position:0% so which is a new track which is it about<01:09:10.920>on <01:09:11.100>your <01:09:11.279>product 01:09:13.669 --> 01:09:13.679 align:start position:0% 01:09:13.679 --> 01:09:17.450 align:start position:0% yes<01:09:14.279>new <01:09:14.640>tracks <01:09:15.239>from <01:09:16.140>what <01:09:16.560>was <01:09:16.859>initially 01:09:17.450 --> 01:09:17.460 align:start position:0% yes new tracks from what was initially 01:09:17.460 --> 01:09:19.309 align:start position:0% yes new tracks from what was initially submitted 01:09:19.309 --> 01:09:19.319 align:start position:0% submitted 01:09:19.319 --> 01:09:23.030 align:start position:0% submitted can<01:09:19.620>you <01:09:19.739>identify <01:09:20.160>which <01:09:20.279>track <01:09:20.520>that <01:09:20.759>is 01:09:23.030 --> 01:09:23.040 align:start position:0% 01:09:23.040 --> 01:09:25.430 align:start position:0% track<01:09:23.460>five <01:09:23.819>from <01:09:24.179>on <01:09:24.420>the <01:09:24.600>plot 01:09:25.430 --> 01:09:25.440 align:start position:0% track five from on the plot 01:09:25.440 --> 01:09:28.849 align:start position:0% track five from on the plot okay<01:09:25.920>thank <01:09:26.699>you 01:09:28.849 --> 01:09:28.859 align:start position:0% okay thank you 01:09:28.859 --> 01:09:31.849 align:start position:0% okay thank you you<01:09:29.219>may <01:09:29.400>proceed <01:09:29.819>Mr <01:09:30.600>Scott 01:09:31.849 --> 01:09:31.859 align:start position:0% you may proceed Mr Scott 01:09:31.859 --> 01:09:34.010 align:start position:0% you may proceed Mr Scott thank<01:09:32.460>you <01:09:32.580>uh <01:09:32.759>Mr <01:09:33.239>Ayers <01:09:33.359>please <01:09:33.660>get <01:09:33.839>your 01:09:34.010 --> 01:09:34.020 align:start position:0% thank you uh Mr Ayers please get your 01:09:34.020 --> 01:09:35.090 align:start position:0% thank you uh Mr Ayers please get your number<01:09:34.140>whom <01:09:34.380>you're <01:09:34.560>importing <01:09:34.859>your <01:09:34.980>job 01:09:35.090 --> 01:09:35.100 align:start position:0% number whom you're importing your job 01:09:35.100 --> 01:09:37.550 align:start position:0% number whom you're importing your job description<01:09:35.460>yes <01:09:36.239>James <01:09:36.660>there <01:09:36.900>is <01:09:37.140>intervest 01:09:37.550 --> 01:09:37.560 align:start position:0% description yes James there is intervest 01:09:37.560 --> 01:09:40.550 align:start position:0% description yes James there is intervest operating<01:09:38.040>and <01:09:38.520>uh <01:09:38.759>landman <01:09:39.359>and <01:09:40.259>are <01:09:40.440>you 01:09:40.550 --> 01:09:40.560 align:start position:0% operating and uh landman and are you 01:09:40.560 --> 01:09:41.990 align:start position:0% operating and uh landman and are you familiar<01:09:40.799>with <01:09:40.920>this <01:09:41.100>application <01:09:41.460>book <01:09:41.819>any 01:09:41.990 --> 01:09:42.000 align:start position:0% familiar with this application book any 01:09:42.000 --> 01:09:44.150 align:start position:0% familiar with this application book any import<01:09:42.179>Awards <01:09:42.839>yes <01:09:43.080>and <01:09:43.500>what's <01:09:43.679>the <01:09:43.859>precise 01:09:44.150 --> 01:09:44.160 align:start position:0% import Awards yes and what's the precise 01:09:44.160 --> 01:09:47.870 align:start position:0% import Awards yes and what's the precise deficit<01:09:44.580>as <01:09:44.759>well <01:09:44.880>uh <01:09:45.359>3200 <01:09:46.020>are <01:09:46.980>you <01:09:47.100>also <01:09:47.460>uh 01:09:47.870 --> 01:09:47.880 align:start position:0% deficit as well uh 3200 are you also uh 01:09:47.880 --> 01:09:49.970 align:start position:0% deficit as well uh 3200 are you also uh familiar<01:09:48.239>with <01:09:48.420>the <01:09:48.719>proposed <01:09:49.319>or <01:09:49.440>estimated 01:09:49.970 --> 01:09:49.980 align:start position:0% familiar with the proposed or estimated 01:09:49.980 --> 01:09:51.829 align:start position:0% familiar with the proposed or estimated reserves<01:09:50.339>of <01:09:50.460>this <01:09:50.580>unit <01:09:50.759>yes <01:09:51.120>and <01:09:51.540>what <01:09:51.719>would 01:09:51.829 --> 01:09:51.839 align:start position:0% reserves of this unit yes and what would 01:09:51.839 --> 01:09:55.310 align:start position:0% reserves of this unit yes and what would that<01:09:51.960>be <01:09:52.140>900 <01:09:52.940>mmcf <01:09:53.940>and <01:09:54.660>are <01:09:54.960>you <01:09:55.020>also 01:09:55.310 --> 01:09:55.320 align:start position:0% that be 900 mmcf and are you also 01:09:55.320 --> 01:09:57.350 align:start position:0% that be 900 mmcf and are you also familiar<01:09:55.620>with <01:09:55.800>the <01:09:56.100>uh <01:09:56.580>well <01:09:56.820>sponsored 01:09:57.350 --> 01:09:57.360 align:start position:0% familiar with the uh well sponsored 01:09:57.360 --> 01:10:00.229 align:start position:0% familiar with the uh well sponsored explosive<01:09:57.840>units <01:09:58.320>yes <01:09:58.820>what's <01:09:59.820>the <01:10:00.000>estimated 01:10:00.229 --> 01:10:00.239 align:start position:0% explosive units yes what's the estimated 01:10:00.239 --> 01:10:04.110 align:start position:0% explosive units yes what's the estimated draw<01:10:00.540>hole <01:10:00.840>cost 01:10:04.110 --> 01:10:04.120 align:start position:0% 01:10:04.120 --> 01:10:05.990 align:start position:0% [Music] 01:10:05.990 --> 01:10:06.000 align:start position:0% [Music] 01:10:06.000 --> 01:10:10.130 align:start position:0% [Music] uh<01:10:06.360>699 <01:10:07.640>541 <01:10:08.640>and <01:10:09.300>you <01:10:09.480>participated <01:10:09.960>in 01:10:10.130 --> 01:10:10.140 align:start position:0% uh 699 541 and you participated in 01:10:10.140 --> 01:10:12.950 align:start position:0% uh 699 541 and you participated in preparation<01:10:10.560>AFV <01:10:11.160>is <01:10:11.340>that <01:10:11.460>correct <01:10:11.780>and <01:10:12.780>in 01:10:12.950 --> 01:10:12.960 align:start position:0% preparation AFV is that correct and in 01:10:12.960 --> 01:10:14.209 align:start position:0% preparation AFV is that correct and in your<01:10:13.140>opinion 01:10:14.209 --> 01:10:14.219 align:start position:0% your opinion 01:10:14.219 --> 01:10:16.910 align:start position:0% your opinion um if<01:10:14.520>this <01:10:14.760>application <01:10:15.480>is <01:10:15.660>granted <01:10:16.140>would 01:10:16.910 --> 01:10:16.920 align:start position:0% um if this application is granted would 01:10:16.920 --> 01:10:19.729 align:start position:0% um if this application is granted would it<01:10:17.100>be <01:10:17.340>remote <01:10:18.300>conservation <01:10:18.900>prevent <01:10:19.380>waves 01:10:19.729 --> 01:10:19.739 align:start position:0% it be remote conservation prevent waves 01:10:19.739 --> 01:10:21.890 align:start position:0% it be remote conservation prevent waves and<01:10:19.860>protect <01:10:20.100>relative <01:10:20.460>rights <01:10:20.880>yes 01:10:21.890 --> 01:10:21.900 align:start position:0% and protect relative rights yes 01:10:21.900 --> 01:10:25.010 align:start position:0% and protect relative rights yes that's<01:10:22.140>all <01:10:22.380>I <01:10:22.500>have <01:10:22.620>for <01:10:22.679>Mr <01:10:23.040>Ayers 01:10:25.010 --> 01:10:25.020 align:start position:0% that's all I have for Mr Ayers 01:10:25.020 --> 01:10:30.350 align:start position:0% that's all I have for Mr Ayers any<01:10:25.440>question <01:10:25.739>from <01:10:26.040>Mr <01:10:26.520>Ayers 01:10:30.350 --> 01:10:30.360 align:start position:0% 01:10:30.360 --> 01:10:33.310 align:start position:0% anything<01:10:30.719>further <01:10:31.320>Mr <01:10:31.440>Scott 01:10:33.310 --> 01:10:33.320 align:start position:0% anything further Mr Scott 01:10:33.320 --> 01:10:36.890 align:start position:0% anything further Mr Scott this<01:10:34.320>application 01:10:36.890 --> 01:10:36.900 align:start position:0% this application 01:10:36.900 --> 01:10:41.090 align:start position:0% this application pardon 01:10:41.090 --> 01:10:41.100 align:start position:0% 01:10:41.100 --> 01:10:43.490 align:start position:0% is<01:10:41.640>it <01:10:41.940>you <01:10:42.120>submitted <01:10:42.540>for <01:10:42.719>approval <01:10:43.140>well 01:10:43.490 --> 01:10:43.500 align:start position:0% is it you submitted for approval well 01:10:43.500 --> 01:10:48.110 align:start position:0% is it you submitted for approval well I'm<01:10:43.620>sorry <01:10:43.800>that's <01:10:44.100>all <01:10:44.280>I <01:10:44.460>have <01:10:45.000>thank <01:10:45.659>you 01:10:48.110 --> 01:10:48.120 align:start position:0% 01:10:48.120 --> 01:10:51.649 align:start position:0% enjoying<01:10:48.960>the <01:10:49.080>crowd <01:10:49.760>the <01:10:50.760>board <01:10:51.000>operates <01:10:51.420>on 01:10:51.649 --> 01:10:51.659 align:start position:0% enjoying the crowd the board operates on 01:10:51.659 --> 01:10:53.810 align:start position:0% enjoying the crowd the board operates on any<01:10:52.140>questions 01:10:53.810 --> 01:10:53.820 align:start position:0% any questions 01:10:53.820 --> 01:10:56.930 align:start position:0% any questions board<01:10:54.179>operates <01:10:54.659>on <01:10:54.840>a <01:10:54.960>motion 01:10:56.930 --> 01:10:56.940 align:start position:0% board operates on a motion 01:10:56.940 --> 01:10:59.209 align:start position:0% board operates on a motion motion<01:10:57.659>for <01:10:57.840>approval 01:10:59.209 --> 01:10:59.219 align:start position:0% motion for approval 01:10:59.219 --> 01:11:01.250 align:start position:0% motion for approval second<01:10:59.760>no <01:11:00.239>motion <01:11:00.600>and <01:11:00.780>second <01:11:01.020>any 01:11:01.250 --> 01:11:01.260 align:start position:0% second no motion and second any 01:11:01.260 --> 01:11:03.110 align:start position:0% second no motion and second any discussion 01:11:03.110 --> 01:11:03.120 align:start position:0% discussion 01:11:03.120 --> 01:11:04.910 align:start position:0% discussion let's<01:11:03.360>get <01:11:03.600>on <01:11:03.780>where <01:11:03.900>you <01:11:04.140>pull <01:11:04.320>the <01:11:04.500>board <01:11:04.620>to 01:11:04.910 --> 01:11:04.920 align:start position:0% let's get on where you pull the board to 01:11:04.920 --> 01:11:10.010 align:start position:0% let's get on where you pull the board to see<01:11:05.100>Mr <01:11:05.940>Harris <01:11:06.239>yes <01:11:07.199>Mr <01:11:07.620>Ratliff <01:11:08.280>abstain <01:11:09.020>Mr 01:11:10.010 --> 01:11:10.020 align:start position:0% see Mr Harris yes Mr Ratliff abstain Mr 01:11:10.020 --> 01:11:14.510 align:start position:0% see Mr Harris yes Mr Ratliff abstain Mr Jensen<01:11:10.679>yes <01:11:11.219>Vince <01:11:11.780>yes <01:11:12.780>Mr <01:11:13.199>Prather 01:11:14.510 --> 01:11:14.520 align:start position:0% Jensen yes Vince yes Mr Prather 01:11:14.520 --> 01:11:16.910 align:start position:0% Jensen yes Vince yes Mr Prather yes 01:11:16.910 --> 01:11:16.920 align:start position:0% yes 01:11:16.920 --> 01:11:19.669 align:start position:0% yes Mr<01:11:17.460>Scott <01:11:17.820>in <01:11:18.060>your <01:11:18.300>petitions <01:11:19.140>approved <01:11:19.560>is 01:11:19.669 --> 01:11:19.679 align:start position:0% Mr Scott in your petitions approved is 01:11:19.679 --> 01:11:21.470 align:start position:0% Mr Scott in your petitions approved is presented 01:11:21.470 --> 01:11:21.480 align:start position:0% presented 01:11:21.480 --> 01:11:23.209 align:start position:0% presented thank<01:11:21.960>you <01:11:22.020>Mr <01:11:22.199>chairman 01:11:23.209 --> 01:11:23.219 align:start position:0% thank you Mr chairman 01:11:23.219 --> 01:11:29.149 align:start position:0% thank you Mr chairman uh 01:11:29.149 --> 01:11:29.159 align:start position:0% 01:11:29.159 --> 01:11:31.189 align:start position:0% next<01:11:29.520>is <01:11:29.760>item <01:11:30.060>number <01:11:30.179>six <01:11:30.420>a <01:11:30.659>petition <01:11:30.960>from 01:11:31.189 --> 01:11:31.199 align:start position:0% next is item number six a petition from 01:11:31.199 --> 01:11:33.649 align:start position:0% next is item number six a petition from intervests<01:11:31.800>operating <01:11:32.100>LLC <01:11:33.000>for <01:11:33.239>pooling 01:11:33.649 --> 01:11:33.659 align:start position:0% intervests operating LLC for pooling 01:11:33.659 --> 01:11:36.370 align:start position:0% intervests operating LLC for pooling unit<01:11:33.840>BC 01:11:36.370 --> 01:11:36.380 align:start position:0% unit BC 01:11:36.380 --> 01:11:42.370 align:start position:0% unit BC 60001<01:11:37.380>docket <01:11:37.920>numbers <01:11:38.100>vgov <01:11:39.560>23-03 01:11:42.370 --> 01:11:42.380 align:start position:0% 60001 docket numbers vgov 23-03 01:11:42.380 --> 01:11:45.350 align:start position:0% 60001 docket numbers vgov 23-03 21-4256<01:11:43.380>all <01:11:44.219>parties <01:11:44.580>interested <01:11:45.000>please 01:11:45.350 --> 01:11:45.360 align:start position:0% 21-4256 all parties interested please 01:11:45.360 --> 01:11:47.030 align:start position:0% 21-4256 all parties interested please come<01:11:45.719>forward 01:11:47.030 --> 01:11:47.040 align:start position:0% come forward 01:11:47.040 --> 01:11:48.770 align:start position:0% come forward Mr<01:11:47.580>chairman <01:11:47.940>we're <01:11:48.120>going <01:11:48.300>to <01:11:48.300>ask <01:11:48.420>us <01:11:48.600>to 01:11:48.770 --> 01:11:48.780 align:start position:0% Mr chairman we're going to ask us to 01:11:48.780 --> 01:11:51.169 align:start position:0% Mr chairman we're going to ask us to continue<01:11:48.960>to <01:11:49.260>April <01:11:49.620>we <01:11:49.980>had <01:11:50.159>uh 01:11:51.169 --> 01:11:51.179 align:start position:0% continue to April we had uh 01:11:51.179 --> 01:11:53.689 align:start position:0% continue to April we had uh several<01:11:51.840>respondents <01:11:52.440>who <01:11:53.040>did <01:11:53.280>not <01:11:53.400>receive 01:11:53.689 --> 01:11:53.699 align:start position:0% several respondents who did not receive 01:11:53.699 --> 01:11:55.790 align:start position:0% several respondents who did not receive notice<01:11:54.120>then <01:11:54.480>we <01:11:54.719>can <01:11:54.900>get <01:11:55.199>that <01:11:55.380>accomplished 01:11:55.790 --> 01:11:55.800 align:start position:0% notice then we can get that accomplished 01:11:55.800 --> 01:11:58.189 align:start position:0% notice then we can get that accomplished before<01:11:55.980>the <01:11:56.159>April <01:11:56.520>hearing 01:11:58.189 --> 01:11:58.199 align:start position:0% before the April hearing 01:11:58.199 --> 01:12:00.229 align:start position:0% before the April hearing thank<01:11:58.739>you <01:11:58.860>Mr <01:11:58.980>Scott <01:11:59.219>that'll <01:11:59.640>be <01:11:59.760>posted <01:12:00.060>on 01:12:00.229 --> 01:12:00.239 align:start position:0% thank you Mr Scott that'll be posted on 01:12:00.239 --> 01:12:02.149 align:start position:0% thank you Mr Scott that'll be posted on the<01:12:00.360>April <01:12:00.659>don't <01:12:00.960>be 01:12:02.149 --> 01:12:02.159 align:start position:0% the April don't be 01:12:02.159 --> 01:12:04.250 align:start position:0% the April don't be moving<01:12:02.940>to <01:12:03.060>item <01:12:03.420>seven <01:12:03.540>the <01:12:03.840>petition <01:12:04.080>from 01:12:04.250 --> 01:12:04.260 align:start position:0% moving to item seven the petition from 01:12:04.260 --> 01:12:08.330 align:start position:0% moving to item seven the petition from interest<01:12:04.500>operating <01:12:05.159>LSC <01:12:06.120>for <01:12:06.840>pooling <01:12:07.260>VG <01:12:07.800>or 01:12:08.330 --> 01:12:08.340 align:start position:0% interest operating LSC for pooling VG or 01:12:08.340 --> 01:12:11.350 align:start position:0% interest operating LSC for pooling VG or it's<01:12:08.659>VCI 01:12:11.350 --> 01:12:11.360 align:start position:0% it's VCI 01:12:11.360 --> 01:12:17.169 align:start position:0% it's VCI 600010<01:12:12.360>docket <01:12:13.020>numbers <01:12:13.140>vgov 01:12:17.169 --> 01:12:17.179 align:start position:0% 01:12:17.179 --> 01:12:19.729 align:start position:0% 23-0321-4257<01:12:18.179>all <01:12:19.020>parties <01:12:19.380>interested 01:12:19.729 --> 01:12:19.739 align:start position:0% 23-0321-4257 all parties interested 01:12:19.739 --> 01:12:21.950 align:start position:0% 23-0321-4257 all parties interested please<01:12:19.920>come <01:12:20.159>forward 01:12:21.950 --> 01:12:21.960 align:start position:0% please come forward 01:12:21.960 --> 01:12:24.770 align:start position:0% please come forward again<01:12:22.320>Tim <01:12:22.800>Scott <01:12:23.040>Larry <01:12:23.640>Reeves <01:12:23.940>and <01:12:24.239>James 01:12:24.770 --> 01:12:24.780 align:start position:0% again Tim Scott Larry Reeves and James 01:12:24.780 --> 01:12:28.250 align:start position:0% again Tim Scott Larry Reeves and James Ayers<01:12:24.900>for <01:12:25.260>intervest <01:12:25.860>operating <01:12:26.159>LLC 01:12:28.250 --> 01:12:28.260 align:start position:0% Ayers for intervest operating LLC 01:12:28.260 --> 01:12:30.890 align:start position:0% Ayers for intervest operating LLC you<01:12:28.800>may <01:12:28.980>proceed <01:12:29.340>Mr <01:12:29.699>Scott 01:12:30.890 --> 01:12:30.900 align:start position:0% you may proceed Mr Scott 01:12:30.900 --> 01:12:33.229 align:start position:0% you may proceed Mr Scott thank<01:12:31.320>you <01:12:31.500>Mr <01:12:31.620>chairman <01:12:32.040>Mr <01:12:32.760>Reeves <01:12:33.060>again 01:12:33.229 --> 01:12:33.239 align:start position:0% thank you Mr chairman Mr Reeves again 01:12:33.239 --> 01:12:34.669 align:start position:0% thank you Mr chairman Mr Reeves again your<01:12:33.480>name <01:12:33.659>behind <01:12:33.900>the <01:12:34.080>Implement <01:12:34.440>your <01:12:34.560>job 01:12:34.669 --> 01:12:34.679 align:start position:0% your name behind the Implement your job 01:12:34.679 --> 01:12:36.290 align:start position:0% your name behind the Implement your job description<01:12:35.040>please 01:12:36.290 --> 01:12:36.300 align:start position:0% description please 01:12:36.300 --> 01:12:39.110 align:start position:0% description please uh<01:12:36.780>Larry <01:12:37.260>Reeves <01:12:37.679>employed <01:12:38.400>by <01:12:38.580>intervest 01:12:39.110 --> 01:12:39.120 align:start position:0% uh Larry Reeves employed by intervest 01:12:39.120 --> 01:12:41.810 align:start position:0% uh Larry Reeves employed by intervest operating<01:12:39.600>LLC <01:12:40.199>as <01:12:40.620>a <01:12:40.800>landman <01:12:41.159>did <01:12:41.699>you 01:12:41.810 --> 01:12:41.820 align:start position:0% operating LLC as a landman did you 01:12:41.820 --> 01:12:42.950 align:start position:0% operating LLC as a landman did you participate<01:12:42.179>in <01:12:42.360>preparation <01:12:42.719>this 01:12:42.950 --> 01:12:42.960 align:start position:0% participate in preparation this 01:12:42.960 --> 01:12:46.130 align:start position:0% participate in preparation this application<01:12:43.380>yes <01:12:44.100>sir <01:12:44.280>and <01:12:45.360>um <01:12:45.420>where <01:12:45.840>is <01:12:46.020>this 01:12:46.130 --> 01:12:46.140 align:start position:0% application yes sir and um where is this 01:12:46.140 --> 01:12:48.530 align:start position:0% application yes sir and um where is this unit<01:12:46.380>located <01:12:46.679>what <01:12:47.100>what <01:12:47.400>field <01:12:47.699>uh 01:12:48.530 --> 01:12:48.540 align:start position:0% unit located what what field uh 01:12:48.540 --> 01:12:50.990 align:start position:0% unit located what what field uh Northfield<01:12:49.080>and <01:12:49.800>how <01:12:50.040>many <01:12:50.219>uh <01:12:50.520>acres <01:12:50.820>does 01:12:50.990 --> 01:12:51.000 align:start position:0% Northfield and how many uh acres does 01:12:51.000 --> 01:12:53.229 align:start position:0% Northfield and how many uh acres does this<01:12:51.120>unit <01:12:51.300>contain 01:12:53.229 --> 01:12:53.239 align:start position:0% this unit contain 01:12:53.239 --> 01:12:56.750 align:start position:0% this unit contain 58.77<01:12:54.239>acres <01:12:54.719>and <01:12:55.440>again <01:12:55.620>uh <01:12:56.100>intergraph <01:12:56.580>does 01:12:56.750 --> 01:12:56.760 align:start position:0% 58.77 acres and again uh intergraph does 01:12:56.760 --> 01:12:58.250 align:start position:0% 58.77 acres and again uh intergraph does have<01:12:56.940>a <01:12:57.060>substantial <01:12:57.420>portion <01:12:57.719>of <01:12:57.840>this <01:12:57.960>unit 01:12:58.250 --> 01:12:58.260 align:start position:0% have a substantial portion of this unit 01:12:58.260 --> 01:13:00.530 align:start position:0% have a substantial portion of this unit under<01:12:58.560>lease <01:12:58.860>is <01:12:59.040>that <01:12:59.219>correct <01:12:59.460>yes <01:12:59.940>sir <01:13:00.120>are 01:13:00.530 --> 01:13:00.540 align:start position:0% under lease is that correct yes sir are 01:13:00.540 --> 01:13:01.729 align:start position:0% under lease is that correct yes sir are we<01:13:00.719>going <01:13:00.840>to <01:13:00.960>dismiss <01:13:01.199>any <01:13:01.440>parties 01:13:01.729 --> 01:13:01.739 align:start position:0% we going to dismiss any parties 01:13:01.739 --> 01:13:04.610 align:start position:0% we going to dismiss any parties respondent<01:13:02.280>listen <01:13:02.460>on <01:13:02.699>exhibit <01:13:03.060>V3 <01:13:03.480>no <01:13:04.020>and 01:13:04.610 --> 01:13:04.620 align:start position:0% respondent listen on exhibit V3 no and 01:13:04.620 --> 01:13:07.750 align:start position:0% respondent listen on exhibit V3 no and how<01:13:04.800>is <01:13:04.980>notice <01:13:05.400>provided <01:13:06.000>to <01:13:06.239>the <01:13:06.840>parties 01:13:07.750 --> 01:13:07.760 align:start position:0% how is notice provided to the parties 01:13:07.760 --> 01:13:10.729 align:start position:0% how is notice provided to the parties of<01:13:08.760>this <01:13:08.940>hearing <01:13:09.239>today <01:13:09.840>the <01:13:10.560>same 01:13:10.729 --> 01:13:10.739 align:start position:0% of this hearing today the same 01:13:10.739 --> 01:13:13.669 align:start position:0% of this hearing today the same publication<01:13:11.280>through <01:13:11.699>the <01:13:12.199>Bluefield <01:13:13.199>Daily 01:13:13.669 --> 01:13:13.679 align:start position:0% publication through the Bluefield Daily 01:13:13.679 --> 01:13:16.970 align:start position:0% publication through the Bluefield Daily and<01:13:15.000>um <01:13:15.000>because <01:13:15.900>we <01:13:16.080>do <01:13:16.199>have <01:13:16.320>unknown <01:13:16.679>owners 01:13:16.970 --> 01:13:16.980 align:start position:0% and um because we do have unknown owners 01:13:16.980 --> 01:13:19.250 align:start position:0% and um because we do have unknown owners is<01:13:17.219>that <01:13:17.400>correct <01:13:17.520>yes <01:13:17.940>and <01:13:18.900>have <01:13:19.080>you 01:13:19.250 --> 01:13:19.260 align:start position:0% is that correct yes and have you 01:13:19.260 --> 01:13:20.630 align:start position:0% is that correct yes and have you provided<01:13:19.560>proof <01:13:19.860>of <01:13:19.920>publication <01:13:20.280>to <01:13:20.520>the 01:13:20.630 --> 01:13:20.640 align:start position:0% provided proof of publication to the 01:13:20.640 --> 01:13:23.030 align:start position:0% provided proof of publication to the board<01:13:20.760>yes <01:13:21.600>we <01:13:21.780>have <01:13:21.900>and <01:13:22.380>is <01:13:22.560>there <01:13:22.679>an <01:13:22.800>escrow 01:13:23.030 --> 01:13:23.040 align:start position:0% board yes we have and is there an escrow 01:13:23.040 --> 01:13:24.830 align:start position:0% board yes we have and is there an escrow requirement<01:13:23.460>for <01:13:23.580>this <01:13:23.760>unit 01:13:24.830 --> 01:13:24.840 align:start position:0% requirement for this unit 01:13:24.840 --> 01:13:27.229 align:start position:0% requirement for this unit no<01:13:25.320>and <01:13:25.860>again <01:13:25.980>it's <01:13:26.280>intervest <01:13:26.699>authorized 01:13:27.229 --> 01:13:27.239 align:start position:0% no and again it's intervest authorized 01:13:27.239 --> 01:13:28.310 align:start position:0% no and again it's intervest authorized the<01:13:27.360>transaction <01:13:27.659>business <01:13:27.960>in <01:13:28.199>the 01:13:28.310 --> 01:13:28.320 align:start position:0% the transaction business in the 01:13:28.320 --> 01:13:31.070 align:start position:0% the transaction business in the Commonwealth<01:13:28.860>yes <01:13:29.460>and <01:13:30.420>uh <01:13:30.659>there <01:13:30.900>is <01:13:30.960>a 01:13:31.070 --> 01:13:31.080 align:start position:0% Commonwealth yes and uh there is a 01:13:31.080 --> 01:13:32.810 align:start position:0% Commonwealth yes and uh there is a blanket<01:13:31.440>Bond <01:13:31.620>on <01:13:31.800>file <01:13:31.920>department <01:13:32.340>is <01:13:32.699>that 01:13:32.810 --> 01:13:32.820 align:start position:0% blanket Bond on file department is that 01:13:32.820 --> 01:13:34.910 align:start position:0% blanket Bond on file department is that correct<01:13:33.120>yes <01:13:34.020>and <01:13:34.320>if <01:13:34.560>you <01:13:34.620>were <01:13:34.679>able <01:13:34.860>to 01:13:34.910 --> 01:13:34.920 align:start position:0% correct yes and if you were able to 01:13:34.920 --> 01:13:36.050 align:start position:0% correct yes and if you were able to reach<01:13:35.159>an <01:13:35.280>agreement <01:13:35.580>with <01:13:35.640>the <01:13:35.820>parties 01:13:36.050 --> 01:13:36.060 align:start position:0% reach an agreement with the parties 01:13:36.060 --> 01:13:38.030 align:start position:0% reach an agreement with the parties let's<01:13:36.239>not <01:13:36.480>considered <01:13:37.020>B3 <01:13:37.320>what <01:13:37.620>terms <01:13:37.920>would 01:13:38.030 --> 01:13:38.040 align:start position:0% let's not considered B3 what terms would 01:13:38.040 --> 01:13:40.729 align:start position:0% let's not considered B3 what terms would you<01:13:38.219>offer <01:13:38.520>uh <01:13:39.420>five <01:13:39.780>dollars <01:13:40.080>per <01:13:40.320>year <01:13:40.500>per 01:13:40.729 --> 01:13:40.739 align:start position:0% you offer uh five dollars per year per 01:13:40.739 --> 01:13:43.010 align:start position:0% you offer uh five dollars per year per acre<01:13:41.100>for <01:13:41.340>a <01:13:41.460>five-year <01:13:41.880>Plato <01:13:42.179>police <01:13:42.540>and 01:13:43.010 --> 01:13:43.020 align:start position:0% acre for a five-year Plato police and 01:13:43.020 --> 01:13:44.330 align:start position:0% acre for a five-year Plato police and you<01:13:43.140>consider <01:13:43.440>this <01:13:43.620>to <01:13:43.800>be <01:13:43.860>reasonable 01:13:44.330 --> 01:13:44.340 align:start position:0% you consider this to be reasonable 01:13:44.340 --> 01:13:45.830 align:start position:0% you consider this to be reasonable compensation<01:13:44.820>for <01:13:45.060>at <01:13:45.239>least <01:13:45.300>in <01:13:45.540>this <01:13:45.659>area 01:13:45.830 --> 01:13:45.840 align:start position:0% compensation for at least in this area 01:13:45.840 --> 01:13:47.930 align:start position:0% compensation for at least in this area yes<01:13:46.440>sir <01:13:46.620>okay 01:13:47.930 --> 01:13:47.940 align:start position:0% yes sir okay 01:13:47.940 --> 01:13:50.149 align:start position:0% yes sir okay what<01:13:48.480>percentage <01:13:48.900>of <01:13:49.020>the <01:13:49.260>uh <01:13:49.739>of <01:13:50.040>the 01:13:50.149 --> 01:13:50.159 align:start position:0% what percentage of the uh of the 01:13:50.159 --> 01:13:56.890 align:start position:0% what percentage of the uh of the universe<01:13:50.460>intervest <01:13:50.820>time <01:13:51.000>and <01:13:51.179>release 01:13:56.890 --> 01:13:56.900 align:start position:0% 01:13:56.900 --> 01:13:58.729 align:start position:0% 99.28285714<01:13:57.900>percent 01:13:58.729 --> 01:13:58.739 align:start position:0% 99.28285714 percent 01:13:58.739 --> 01:14:01.310 align:start position:0% 99.28285714 percent and<01:13:59.280>this <01:13:59.400>again <01:13:59.580>includes <01:14:00.239>acreage <01:14:01.020>in <01:14:01.140>which 01:14:01.310 --> 01:14:01.320 align:start position:0% and this again includes acreage in which 01:14:01.320 --> 01:14:03.350 align:start position:0% and this again includes acreage in which intervests<01:14:02.280>has <01:14:02.400>a <01:14:02.520>few <01:14:02.699>simple <01:14:02.940>interest <01:14:03.120>in 01:14:03.350 --> 01:14:03.360 align:start position:0% intervests has a few simple interest in 01:14:03.360 --> 01:14:06.050 align:start position:0% intervests has a few simple interest in minerals<01:14:03.900>is <01:14:04.020>that <01:14:04.199>right <01:14:04.380>yes <01:14:05.060>what 01:14:06.050 --> 01:14:06.060 align:start position:0% minerals is that right yes what 01:14:06.060 --> 01:14:07.370 align:start position:0% minerals is that right yes what percentage<01:14:06.480>of <01:14:06.540>the <01:14:06.719>unit <01:14:06.840>are <01:14:07.020>you <01:14:07.140>seeking 01:14:07.370 --> 01:14:07.380 align:start position:0% percentage of the unit are you seeking 01:14:07.380 --> 01:14:11.830 align:start position:0% percentage of the unit are you seeking to<01:14:07.560>pool <01:14:07.739>today 01:14:11.830 --> 01:14:11.840 align:start position:0% 01:14:11.840 --> 01:14:14.750 align:start position:0% 0.71714286<01:14:13.040>and <01:14:14.040>are <01:14:14.219>you <01:14:14.280>requesting <01:14:14.699>the 01:14:14.750 --> 01:14:14.760 align:start position:0% 0.71714286 and are you requesting the 01:14:14.760 --> 01:14:16.010 align:start position:0% 0.71714286 and are you requesting the board<01:14:14.940>to <01:14:15.179>pull <01:14:15.300>down <01:14:15.480>these <01:14:15.719>parties 01:14:16.010 --> 01:14:16.020 align:start position:0% board to pull down these parties 01:14:16.020 --> 01:14:18.830 align:start position:0% board to pull down these parties listeners<01:14:16.500>D3 <01:14:17.100>yes <01:14:17.760>and <01:14:18.060>the <01:14:18.300>interestingly 01:14:18.830 --> 01:14:18.840 align:start position:0% listeners D3 yes and the interestingly 01:14:18.840 --> 01:14:20.450 align:start position:0% listeners D3 yes and the interestingly Ambi<01:14:19.140>operators <01:14:19.440>Edition <01:14:19.620>is <01:14:19.980>that <01:14:20.280>correct 01:14:20.450 --> 01:14:20.460 align:start position:0% Ambi operators Edition is that correct 01:14:20.460 --> 01:14:23.090 align:start position:0% Ambi operators Edition is that correct yes<01:14:21.000>and <01:14:21.659>with <01:14:21.900>any <01:14:22.080>order <01:14:22.320>that <01:14:22.679>would <01:14:22.980>be 01:14:23.090 --> 01:14:23.100 align:start position:0% yes and with any order that would be 01:14:23.100 --> 01:14:24.290 align:start position:0% yes and with any order that would be entered<01:14:23.340>by <01:14:23.460>the <01:14:23.580>board <01:14:23.699>if <01:14:23.940>applications 01:14:24.290 --> 01:14:24.300 align:start position:0% entered by the board if applications 01:14:24.300 --> 01:14:26.090 align:start position:0% entered by the board if applications approved<01:14:24.780>today <01:14:24.960>what <01:14:25.500>would <01:14:25.679>the <01:14:25.860>address 01:14:26.090 --> 01:14:26.100 align:start position:0% approved today what would the address 01:14:26.100 --> 01:14:28.550 align:start position:0% approved today what would the address used<01:14:27.000>for <01:14:27.239>making <01:14:27.480>any <01:14:27.659>elections <01:14:28.140>under <01:14:28.320>that 01:14:28.550 --> 01:14:28.560 align:start position:0% used for making any elections under that 01:14:28.560 --> 01:14:29.649 align:start position:0% used for making any elections under that order 01:14:29.649 --> 01:14:29.659 align:start position:0% order 01:14:29.659 --> 01:14:34.189 align:start position:0% order intervest<01:14:30.659>operating <01:14:31.140>LLC <01:14:32.300>408 <01:14:33.300>West <01:14:33.840>Main 01:14:34.189 --> 01:14:34.199 align:start position:0% intervest operating LLC 408 West Main 01:14:34.199 --> 01:14:37.850 align:start position:0% intervest operating LLC 408 West Main Street<01:14:34.500>Abingdon <01:14:35.340>Virginia <01:14:35.900>24210 <01:14:36.900>attention 01:14:37.850 --> 01:14:37.860 align:start position:0% Street Abingdon Virginia 24210 attention 01:14:37.860 --> 01:14:41.149 align:start position:0% Street Abingdon Virginia 24210 attention Kevin<01:14:38.760>Miller <01:14:39.120>vice <01:14:39.840>president <01:14:40.020>land <01:14:40.560>and 01:14:41.149 --> 01:14:41.159 align:start position:0% Kevin Miller vice president land and 01:14:41.159 --> 01:14:42.110 align:start position:0% Kevin Miller vice president land and this<01:14:41.340>is <01:14:41.400>the <01:14:41.520>address <01:14:41.640>for <01:14:41.940>all 01:14:42.110 --> 01:14:42.120 align:start position:0% this is the address for all 01:14:42.120 --> 01:14:43.550 align:start position:0% this is the address for all Communications<01:14:42.659>regarding <01:14:43.080>any <01:14:43.260>word 01:14:43.550 --> 01:14:43.560 align:start position:0% Communications regarding any word 01:14:43.560 --> 01:14:44.870 align:start position:0% Communications regarding any word presented<01:14:44.040>by <01:14:44.100>the <01:14:44.219>board <01:14:44.340>is <01:14:44.580>that <01:14:44.699>correct 01:14:44.870 --> 01:14:44.880 align:start position:0% presented by the board is that correct 01:14:44.880 --> 01:14:46.370 align:start position:0% presented by the board is that correct yes<01:14:45.420>sir 01:14:46.370 --> 01:14:46.380 align:start position:0% yes sir 01:14:46.380 --> 01:14:49.310 align:start position:0% yes sir that's<01:14:46.739>all <01:14:46.980>I <01:14:47.100>have <01:14:47.219>for <01:14:47.280>Mr <01:14:47.460>Reeves 01:14:49.310 --> 01:14:49.320 align:start position:0% that's all I have for Mr Reeves 01:14:49.320 --> 01:14:52.250 align:start position:0% that's all I have for Mr Reeves a<01:14:49.679>question <01:14:50.040>for <01:14:50.280>Mr <01:14:50.460>Reeves 01:14:52.250 --> 01:14:52.260 align:start position:0% a question for Mr Reeves 01:14:52.260 --> 01:14:54.530 align:start position:0% a question for Mr Reeves Mr<01:14:52.800>Reeves <01:14:53.159>did <01:14:53.400>you <01:14:53.580>say <01:14:53.940>that <01:14:54.179>there <01:14:54.360>would 01:14:54.530 --> 01:14:54.540 align:start position:0% Mr Reeves did you say that there would 01:14:54.540 --> 01:14:56.390 align:start position:0% Mr Reeves did you say that there would not<01:14:54.719>be <01:14:54.840>an <01:14:55.020>escrow <01:14:55.320>requirement <01:14:55.800>for <01:14:56.040>this <01:14:56.159>we 01:14:56.390 --> 01:14:56.400 align:start position:0% not be an escrow requirement for this we 01:14:56.400 --> 01:14:58.250 align:start position:0% not be an escrow requirement for this we have<01:14:56.520>unknowns <01:14:57.120>and <01:14:57.179>locateables <01:14:57.900>so <01:14:58.080>will 01:14:58.250 --> 01:14:58.260 align:start position:0% have unknowns and locateables so will 01:14:58.260 --> 01:15:00.649 align:start position:0% have unknowns and locateables so will there<01:14:58.440>be <01:14:58.620>an <01:14:58.739>escrow <01:14:59.040>or <01:14:59.219>not 01:15:00.649 --> 01:15:00.659 align:start position:0% there be an escrow or not 01:15:00.659 --> 01:15:05.950 align:start position:0% there be an escrow or not there<01:15:01.199>went <01:15:01.440>on 01:15:05.950 --> 01:15:05.960 align:start position:0% 01:15:05.960 --> 01:15:08.270 align:start position:0% how<01:15:06.960>do <01:15:07.080>they <01:15:07.199>how <01:15:07.560>do <01:15:07.679>you <01:15:07.739>not <01:15:07.920>how <01:15:08.159>do <01:15:08.280>you 01:15:08.270 --> 01:15:08.280 align:start position:0% how do they how do you not how do you 01:15:08.280 --> 01:15:10.490 align:start position:0% how do they how do you not how do you why<01:15:08.460>do <01:15:08.640>you <01:15:08.699>not <01:15:08.820>need <01:15:09.000>a <01:15:09.300>escrow <01:15:09.960>if <01:15:10.260>you're 01:15:10.490 --> 01:15:10.500 align:start position:0% why do you not need a escrow if you're 01:15:10.500 --> 01:15:14.570 align:start position:0% why do you not need a escrow if you're who<01:15:10.800>are <01:15:10.920>you <01:15:10.980>going <01:15:11.100>to <01:15:11.219>pay 01:15:14.570 --> 01:15:14.580 align:start position:0% 01:15:14.580 --> 01:15:17.630 align:start position:0% all<01:15:15.239>of <01:15:15.360>the <01:15:15.540>unknowns <01:15:16.020>are <01:15:16.199>now <01:15:16.440>beings <01:15:16.920>is <01:15:17.460>it 01:15:17.630 --> 01:15:17.640 align:start position:0% all of the unknowns are now beings is it 01:15:17.640 --> 01:15:19.250 align:start position:0% all of the unknowns are now beings is it Department<01:15:17.820>of <01:15:18.120>Treasury <01:15:18.480>I'm <01:15:18.719>not <01:15:18.900>sure <01:15:19.020>that 01:15:19.250 --> 01:15:19.260 align:start position:0% Department of Treasury I'm not sure that 01:15:19.260 --> 01:15:21.470 align:start position:0% Department of Treasury I'm not sure that address<01:15:19.440>yes <01:15:19.980>okay <01:15:20.820>so <01:15:21.060>you're <01:15:21.179>going <01:15:21.300>to <01:15:21.360>pay 01:15:21.470 --> 01:15:21.480 align:start position:0% address yes okay so you're going to pay 01:15:21.480 --> 01:15:24.050 align:start position:0% address yes okay so you're going to pay them<01:15:21.659>you're <01:15:22.020>gonna 01:15:24.050 --> 01:15:24.060 align:start position:0% them you're gonna 01:15:24.060 --> 01:15:25.970 align:start position:0% them you're gonna do<01:15:24.420>it <01:15:24.600>that <01:15:24.719>way <01:15:24.780>because <01:15:25.080>the <01:15:25.440>unclaimed 01:15:25.970 --> 01:15:25.980 align:start position:0% do it that way because the unclaimed 01:15:25.980 --> 01:15:28.669 align:start position:0% do it that way because the unclaimed Department<01:15:26.159>division <01:15:26.699>in <01:15:26.940>Richmond 01:15:28.669 --> 01:15:28.679 align:start position:0% Department division in Richmond 01:15:28.679 --> 01:15:30.470 align:start position:0% Department division in Richmond okay 01:15:30.470 --> 01:15:30.480 align:start position:0% okay 01:15:30.480 --> 01:15:33.290 align:start position:0% okay the<01:15:30.840>Expo <01:15:31.260>we <01:15:31.500>use <01:15:31.620>for <01:15:31.920>uh <01:15:32.280>Mr <01:15:32.460>Johnson's <01:15:33.179>for 01:15:33.290 --> 01:15:33.300 align:start position:0% the Expo we use for uh Mr Johnson's for 01:15:33.300 --> 01:15:36.189 align:start position:0% the Expo we use for uh Mr Johnson's for the<01:15:33.540>uh <01:15:33.900>conflicting <01:15:34.860>claimants 01:15:36.189 --> 01:15:36.199 align:start position:0% the uh conflicting claimants 01:15:36.199 --> 01:15:38.750 align:start position:0% the uh conflicting claimants correct<01:15:37.199>correct 01:15:38.750 --> 01:15:38.760 align:start position:0% correct correct 01:15:38.760 --> 01:15:41.810 align:start position:0% correct correct yes<01:15:39.300>sir 01:15:41.810 --> 01:15:41.820 align:start position:0% 01:15:41.820 --> 01:15:44.510 align:start position:0% any<01:15:42.300>other <01:15:42.600>questions 01:15:44.510 --> 01:15:44.520 align:start position:0% any other questions 01:15:44.520 --> 01:15:47.570 align:start position:0% any other questions um<01:15:44.640>Mr <01:15:45.300>Scott <01:15:45.600>you <01:15:45.840>may <01:15:46.020>proceed 01:15:47.570 --> 01:15:47.580 align:start position:0% um Mr Scott you may proceed 01:15:47.580 --> 01:15:50.030 align:start position:0% um Mr Scott you may proceed thank<01:15:48.120>you <01:15:48.300>uh <01:15:48.600>Mr <01:15:49.380>Ayers <01:15:49.500>set <01:15:49.739>your <01:15:49.860>name 01:15:50.030 --> 01:15:50.040 align:start position:0% thank you uh Mr Ayers set your name 01:15:50.040 --> 01:15:51.830 align:start position:0% thank you uh Mr Ayers set your name again<01:15:50.280>your <01:15:50.760>behind <01:15:51.120>your <01:15:51.239>employer <01:15:51.659>job 01:15:51.830 --> 01:15:51.840 align:start position:0% again your behind your employer job 01:15:51.840 --> 01:15:54.890 align:start position:0% again your behind your employer job description<01:15:52.460>uh <01:15:53.460>James <01:15:54.000>Ayers <01:15:54.179>in <01:15:54.600>our <01:15:54.780>best 01:15:54.890 --> 01:15:54.900 align:start position:0% description uh James Ayers in our best 01:15:54.900 --> 01:15:57.530 align:start position:0% description uh James Ayers in our best operating<01:15:55.320>LLC <01:15:56.040>and <01:15:56.340>landman <01:15:56.820>and <01:15:57.480>you 01:15:57.530 --> 01:15:57.540 align:start position:0% operating LLC and landman and you 01:15:57.540 --> 01:15:59.149 align:start position:0% operating LLC and landman and you participate<01:15:57.960>in <01:15:58.140>this <01:15:58.260>application <01:15:58.739>is <01:15:58.980>that 01:15:59.149 --> 01:15:59.159 align:start position:0% participate in this application is that 01:15:59.159 --> 01:16:01.209 align:start position:0% participate in this application is that right<01:15:59.340>yes <01:16:00.000>and <01:16:00.360>you're <01:16:00.540>familiar <01:16:00.840>with <01:16:00.960>this 01:16:01.209 --> 01:16:01.219 align:start position:0% right yes and you're familiar with this 01:16:01.219 --> 01:16:04.490 align:start position:0% right yes and you're familiar with this deficit<01:16:02.219>as <01:16:02.400>well <01:16:02.520>yes <01:16:03.000>and <01:16:03.840>also <01:16:04.260>the 01:16:04.490 --> 01:16:04.500 align:start position:0% deficit as well yes and also the 01:16:04.500 --> 01:16:06.350 align:start position:0% deficit as well yes and also the estimated<01:16:04.920>reserves <01:16:05.340>for <01:16:05.520>this <01:16:05.640>unit 01:16:06.350 --> 01:16:06.360 align:start position:0% estimated reserves for this unit 01:16:06.360 --> 01:16:10.910 align:start position:0% estimated reserves for this unit uh<01:16:07.199>990 <01:16:08.159>mmcf <01:16:09.080>are <01:16:10.080>you <01:16:10.199>also <01:16:10.440>familiar <01:16:10.739>with 01:16:10.910 --> 01:16:10.920 align:start position:0% uh 990 mmcf are you also familiar with 01:16:10.920 --> 01:16:14.030 align:start position:0% uh 990 mmcf are you also familiar with the<01:16:11.219>proposed <01:16:11.940>well <01:16:12.060>cost <01:16:12.420>yes <01:16:13.199>and <01:16:13.739>you 01:16:14.030 --> 01:16:14.040 align:start position:0% the proposed well cost yes and you 01:16:14.040 --> 01:16:15.590 align:start position:0% the proposed well cost yes and you participate<01:16:14.460>in <01:16:14.520>the <01:16:14.699>profession <01:16:15.000>of <01:16:15.179>the <01:16:15.239>FID 01:16:15.590 --> 01:16:15.600 align:start position:0% participate in the profession of the FID 01:16:15.600 --> 01:16:18.770 align:start position:0% participate in the profession of the FID Fae<01:16:16.320>that <01:16:16.500>was <01:16:16.620>or <01:16:16.860>AFV <01:16:17.400>that <01:16:18.179>was <01:16:18.300>submitted 01:16:18.770 --> 01:16:18.780 align:start position:0% Fae that was or AFV that was submitted 01:16:18.780 --> 01:16:20.030 align:start position:0% Fae that was or AFV that was submitted with<01:16:19.020>our <01:16:19.199>application <01:16:19.560>is <01:16:19.739>that <01:16:19.920>right 01:16:20.030 --> 01:16:20.040 align:start position:0% with our application is that right 01:16:20.040 --> 01:16:21.890 align:start position:0% with our application is that right correct<01:16:20.580>and <01:16:21.000>what's <01:16:21.179>the <01:16:21.360>estimated <01:16:21.659>draw 01:16:21.890 --> 01:16:21.900 align:start position:0% correct and what's the estimated draw 01:16:21.900 --> 01:16:23.590 align:start position:0% correct and what's the estimated draw hole<01:16:22.199>costs <01:16:22.440>for <01:16:22.620>this <01:16:22.739>unit 01:16:23.590 --> 01:16:23.600 align:start position:0% hole costs for this unit 01:16:23.600 --> 01:16:27.709 align:start position:0% hole costs for this unit 254<01:16:24.980>902 <01:16:25.980>and <01:16:26.880>the <01:16:27.060>estimated <01:16:27.360>completely 01:16:27.709 --> 01:16:27.719 align:start position:0% 254 902 and the estimated completely 01:16:27.719 --> 01:16:28.870 align:start position:0% 254 902 and the estimated completely will<01:16:27.960>cost 01:16:28.870 --> 01:16:28.880 align:start position:0% will cost 01:16:28.880 --> 01:16:31.970 align:start position:0% will cost 738<01:16:29.880>Thousand <01:16:30.540>Seven <01:16:30.719>dollars <01:16:31.199>and <01:16:31.679>in <01:16:31.800>your 01:16:31.970 --> 01:16:31.980 align:start position:0% 738 Thousand Seven dollars and in your 01:16:31.980 --> 01:16:33.590 align:start position:0% 738 Thousand Seven dollars and in your opinion<01:16:32.219>if <01:16:32.460>the <01:16:32.699>board <01:16:33.120>grants <01:16:33.480>our 01:16:33.590 --> 01:16:33.600 align:start position:0% opinion if the board grants our 01:16:33.600 --> 01:16:35.330 align:start position:0% opinion if the board grants our application<01:16:34.020>today <01:16:34.199>would <01:16:34.920>it <01:16:35.100>promote 01:16:35.330 --> 01:16:35.340 align:start position:0% application today would it promote 01:16:35.340 --> 01:16:36.830 align:start position:0% application today would it promote conservation<01:16:35.880>and <01:16:36.060>prevent <01:16:36.360>waste <01:16:36.780>and 01:16:36.830 --> 01:16:36.840 align:start position:0% conservation and prevent waste and 01:16:36.840 --> 01:16:38.689 align:start position:0% conservation and prevent waste and protect<01:16:37.140>close <01:16:37.380>rights <01:16:37.920>yes 01:16:38.689 --> 01:16:38.699 align:start position:0% protect close rights yes 01:16:38.699 --> 01:16:41.510 align:start position:0% protect close rights yes that's<01:16:39.179>all <01:16:39.360>that <01:16:39.540>happens <01:16:39.659>here 01:16:41.510 --> 01:16:41.520 align:start position:0% that's all that happens here 01:16:41.520 --> 01:16:47.390 align:start position:0% that's all that happens here any<01:16:41.940>questions <01:16:42.360>from <01:16:42.719>the <01:16:42.900>board 01:16:47.390 --> 01:16:47.400 align:start position:0% 01:16:47.400 --> 01:16:49.910 align:start position:0% anything<01:16:47.940>further <01:16:48.360>Mr <01:16:48.540>Scott 01:16:49.910 --> 01:16:49.920 align:start position:0% anything further Mr Scott 01:16:49.920 --> 01:16:51.290 align:start position:0% anything further Mr Scott that's<01:16:50.219>all <01:16:50.400>I <01:16:50.580>have <01:16:50.699>on <01:16:50.820>this <01:16:50.940>one <01:16:51.060>Mr 01:16:51.290 --> 01:16:51.300 align:start position:0% that's all I have on this one Mr 01:16:51.300 --> 01:16:55.370 align:start position:0% that's all I have on this one Mr chairman<01:16:52.260>board <01:16:52.800>operates <01:16:53.219>on <01:16:53.400>a <01:16:53.580>motion 01:16:55.370 --> 01:16:55.380 align:start position:0% chairman board operates on a motion 01:16:55.380 --> 01:16:59.830 align:start position:0% chairman board operates on a motion a<01:16:55.920>move <01:16:56.219>for <01:16:56.400>approval <01:16:57.000>of <01:16:57.719>the <01:16:58.020>request 01:16:59.830 --> 01:16:59.840 align:start position:0% a move for approval of the request 01:16:59.840 --> 01:17:02.090 align:start position:0% a move for approval of the request we<01:17:00.840>have <01:17:00.960>a <01:17:01.080>motion <01:17:01.320>in <01:17:01.440>a <01:17:01.560>second <01:17:01.620>any 01:17:02.090 --> 01:17:02.100 align:start position:0% we have a motion in a second any 01:17:02.100 --> 01:17:04.250 align:start position:0% we have a motion in a second any discussion<01:17:02.640>skill <01:17:03.600>where <01:17:03.780>you <01:17:03.900>pull <01:17:04.140>the 01:17:04.250 --> 01:17:04.260 align:start position:0% discussion skill where you pull the 01:17:04.260 --> 01:17:05.330 align:start position:0% discussion skill where you pull the board<01:17:04.440>please 01:17:05.330 --> 01:17:05.340 align:start position:0% board please 01:17:05.340 --> 01:17:07.510 align:start position:0% board please Mr<01:17:05.820>Harris <01:17:06.179>yes 01:17:07.510 --> 01:17:07.520 align:start position:0% Mr Harris yes 01:17:07.520 --> 01:17:13.130 align:start position:0% Mr Harris yes abstain<01:17:08.520>Mr <01:17:09.060>Jansen <01:17:10.020>yes <01:17:10.679>Mrs <01:17:11.219>yes <01:17:12.179>and <01:17:12.780>Mr 01:17:13.130 --> 01:17:13.140 align:start position:0% abstain Mr Jansen yes Mrs yes and Mr 01:17:13.140 --> 01:17:14.510 align:start position:0% abstain Mr Jansen yes Mrs yes and Mr Printer 01:17:14.510 --> 01:17:14.520 align:start position:0% Printer 01:17:14.520 --> 01:17:16.490 align:start position:0% Printer yes 01:17:16.490 --> 01:17:16.500 align:start position:0% yes 01:17:16.500 --> 01:17:19.189 align:start position:0% yes approved<01:17:17.280>as <01:17:17.400>presented <01:17:17.820>Mr <01:17:18.060>Scott <01:17:18.300>next <01:17:18.780>is <01:17:19.080>a 01:17:19.189 --> 01:17:19.199 align:start position:0% approved as presented Mr Scott next is a 01:17:19.199 --> 01:17:21.229 align:start position:0% approved as presented Mr Scott next is a petition<01:17:19.440>from <01:17:19.739>intervest <01:17:20.159>operating <01:17:20.640>LLC 01:17:21.229 --> 01:17:21.239 align:start position:0% petition from intervest operating LLC 01:17:21.239 --> 01:17:24.130 align:start position:0% petition from intervest operating LLC for<01:17:21.480>polling <01:17:21.840>unit <01:17:22.159>BCI 01:17:24.130 --> 01:17:24.140 align:start position:0% for polling unit BCI 01:17:24.140 --> 01:17:30.430 align:start position:0% for polling unit BCI 530642<01:17:25.140>docket <01:17:25.620>numbers <01:17:25.739>bgov 01:17:30.430 --> 01:17:30.440 align:start position:0% 01:17:30.440 --> 01:17:33.229 align:start position:0% 23-0321-4258<01:17:31.440>all <01:17:32.219>parties <01:17:32.640>interested 01:17:33.229 --> 01:17:33.239 align:start position:0% 23-0321-4258 all parties interested 01:17:33.239 --> 01:17:35.209 align:start position:0% 23-0321-4258 all parties interested please<01:17:33.480>come <01:17:33.840>forward 01:17:35.209 --> 01:17:35.219 align:start position:0% please come forward 01:17:35.219 --> 01:17:37.910 align:start position:0% please come forward again<01:17:35.760>Tim <01:17:36.120>Scott <01:17:36.420>Larry <01:17:37.260>Reeves <01:17:37.560>and <01:17:37.800>James 01:17:37.910 --> 01:17:37.920 align:start position:0% again Tim Scott Larry Reeves and James 01:17:37.920 --> 01:17:40.370 align:start position:0% again Tim Scott Larry Reeves and James Harris<01:17:38.219>from <01:17:38.460>intervest <01:17:38.760>operating <01:17:39.060>LLC <01:17:39.659>you 01:17:40.370 --> 01:17:40.380 align:start position:0% Harris from intervest operating LLC you 01:17:40.380 --> 01:17:42.410 align:start position:0% Harris from intervest operating LLC you may<01:17:40.620>proceed <01:17:41.040>Mr <01:17:41.280>Scott 01:17:42.410 --> 01:17:42.420 align:start position:0% may proceed Mr Scott 01:17:42.420 --> 01:17:44.030 align:start position:0% may proceed Mr Scott thank<01:17:42.840>you <01:17:42.960>Mr <01:17:43.020>chairman 01:17:44.030 --> 01:17:44.040 align:start position:0% thank you Mr chairman 01:17:44.040 --> 01:17:45.770 align:start position:0% thank you Mr chairman let's<01:17:44.400>read <01:17:44.640>one <01:17:44.940>more <01:17:45.060>time <01:17:45.179>your <01:17:45.420>name <01:17:45.600>to 01:17:45.770 --> 01:17:45.780 align:start position:0% let's read one more time your name to 01:17:45.780 --> 01:17:46.729 align:start position:0% let's read one more time your name to whom<01:17:45.900>you're <01:17:46.080>importing <01:17:46.500>your <01:17:46.620>job 01:17:46.729 --> 01:17:46.739 align:start position:0% whom you're importing your job 01:17:46.739 --> 01:17:49.189 align:start position:0% whom you're importing your job description<01:17:47.040>please <01:17:47.480>uh <01:17:48.480>Larry <01:17:48.840>Reeves 01:17:49.189 --> 01:17:49.199 align:start position:0% description please uh Larry Reeves 01:17:49.199 --> 01:17:52.310 align:start position:0% description please uh Larry Reeves employed<01:17:49.679>by <01:17:49.860>intervest <01:17:50.280>operating <01:17:50.760>LLC <01:17:51.600>as <01:17:52.080>a 01:17:52.310 --> 01:17:52.320 align:start position:0% employed by intervest operating LLC as a 01:17:52.320 --> 01:17:53.810 align:start position:0% employed by intervest operating LLC as a landman<01:17:52.620>and <01:17:53.100>you're <01:17:53.280>familiar <01:17:53.520>with <01:17:53.640>this 01:17:53.810 --> 01:17:53.820 align:start position:0% landman and you're familiar with this 01:17:53.820 --> 01:17:55.610 align:start position:0% landman and you're familiar with this application<01:17:54.300>yes <01:17:54.780>sir <01:17:55.020>and <01:17:55.199>you <01:17:55.320>helped 01:17:55.610 --> 01:17:55.620 align:start position:0% application yes sir and you helped 01:17:55.620 --> 01:17:56.810 align:start position:0% application yes sir and you helped prepare<01:17:55.800>the <01:17:55.980>application <01:17:56.340>is <01:17:56.520>that <01:17:56.699>right 01:17:56.810 --> 01:17:56.820 align:start position:0% prepare the application is that right 01:17:56.820 --> 01:17:58.850 align:start position:0% prepare the application is that right yes<01:17:57.179>I <01:17:57.420>do <01:17:57.540>and <01:17:57.780>where <01:17:58.020>is <01:17:58.199>this <01:17:58.380>unit <01:17:58.500>located 01:17:58.850 --> 01:17:58.860 align:start position:0% yes I do and where is this unit located 01:17:58.860 --> 01:18:01.490 align:start position:0% yes I do and where is this unit located uh<01:17:59.400>Nora <01:17:59.880>Kobe <01:18:00.239>of <01:18:00.480>guest <01:18:00.719>room <01:18:00.840>and <01:18:01.260>how <01:18:01.380>many 01:18:01.490 --> 01:18:01.500 align:start position:0% uh Nora Kobe of guest room and how many 01:18:01.500 --> 01:18:02.870 align:start position:0% uh Nora Kobe of guest room and how many units<01:18:01.860>how <01:18:02.040>many <01:18:02.100>acres <01:18:02.400>does <01:18:02.640>this <01:18:02.760>unit 01:18:02.870 --> 01:18:02.880 align:start position:0% units how many acres does this unit 01:18:02.880 --> 01:18:04.990 align:start position:0% units how many acres does this unit contain 01:18:04.990 --> 01:18:05.000 align:start position:0% contain 01:18:05.000 --> 01:18:08.870 align:start position:0% contain 58.77<01:18:06.000>acres <01:18:06.480>and <01:18:06.900>again <01:18:07.280>energast <01:18:08.280>has <01:18:08.699>a 01:18:08.870 --> 01:18:08.880 align:start position:0% 58.77 acres and again energast has a 01:18:08.880 --> 01:18:10.250 align:start position:0% 58.77 acres and again energast has a substantial<01:18:09.239>part <01:18:09.420>of <01:18:09.600>this <01:18:09.719>unit <01:18:09.960>under 01:18:10.250 --> 01:18:10.260 align:start position:0% substantial part of this unit under 01:18:10.260 --> 01:18:12.890 align:start position:0% substantial part of this unit under lease<01:18:10.560>is <01:18:10.739>that <01:18:10.860>right <01:18:11.040>yes <01:18:11.580>and <01:18:12.120>that's <01:18:12.420>based 01:18:12.890 --> 01:18:12.900 align:start position:0% lease is that right yes and that's based 01:18:12.900 --> 01:18:14.990 align:start position:0% lease is that right yes and that's based on<01:18:13.020>leases <01:18:13.860>and <01:18:14.040>also <01:18:14.340>ownership <01:18:14.640>of <01:18:14.880>the 01:18:14.990 --> 01:18:15.000 align:start position:0% on leases and also ownership of the 01:18:15.000 --> 01:18:16.850 align:start position:0% on leases and also ownership of the minerals<01:18:15.300>is <01:18:15.420>that <01:18:15.540>correct <01:18:15.719>yes <01:18:16.260>sir <01:18:16.500>okay 01:18:16.850 --> 01:18:16.860 align:start position:0% minerals is that correct yes sir okay 01:18:16.860 --> 01:18:18.770 align:start position:0% minerals is that correct yes sir okay are<01:18:17.460>there <01:18:17.640>any <01:18:17.760>parties <01:18:18.060>responding <01:18:18.540>we're 01:18:18.770 --> 01:18:18.780 align:start position:0% are there any parties responding we're 01:18:18.780 --> 01:18:20.090 align:start position:0% are there any parties responding we're going<01:18:18.840>to <01:18:18.960>dismiss <01:18:19.320>in <01:18:19.620>this <01:18:19.800>application 01:18:20.090 --> 01:18:20.100 align:start position:0% going to dismiss in this application 01:18:20.100 --> 01:18:22.850 align:start position:0% going to dismiss in this application today<01:18:20.460>uh <01:18:21.420>no <01:18:21.600>and <01:18:21.960>how <01:18:22.140>was <01:18:22.320>notice <01:18:22.620>of <01:18:22.800>this 01:18:22.850 --> 01:18:22.860 align:start position:0% today uh no and how was notice of this 01:18:22.860 --> 01:18:24.169 align:start position:0% today uh no and how was notice of this hearing<01:18:23.159>provided <01:18:23.460>the <01:18:23.640>respondent <01:18:24.060>system 01:18:24.169 --> 01:18:24.179 align:start position:0% hearing provided the respondent system 01:18:24.179 --> 01:18:28.570 align:start position:0% hearing provided the respondent system on<01:18:24.420>a <01:18:24.540>good <01:18:24.719>V3 01:18:28.570 --> 01:18:28.580 align:start position:0% 01:18:28.580 --> 01:18:31.189 align:start position:0% publication<01:18:29.580>in <01:18:29.760>the <01:18:29.940>newspaper 01:18:31.189 --> 01:18:31.199 align:start position:0% publication in the newspaper 01:18:31.199 --> 01:18:34.370 align:start position:0% publication in the newspaper Dickinson<01:18:31.860>sorry <01:18:32.219>and <01:18:32.820>we <01:18:33.000>also <01:18:33.360>uh <01:18:33.840>mailed <01:18:34.260>is 01:18:34.370 --> 01:18:34.380 align:start position:0% Dickinson sorry and we also uh mailed is 01:18:34.380 --> 01:18:37.189 align:start position:0% Dickinson sorry and we also uh mailed is that<01:18:34.560>correct <01:18:34.800>yes <01:18:35.159>and <01:18:35.580>we <01:18:35.880>provided <01:18:36.420>it's <01:18:36.960>a 01:18:37.189 --> 01:18:37.199 align:start position:0% that correct yes and we provided it's a 01:18:37.199 --> 01:18:38.450 align:start position:0% that correct yes and we provided it's a proof<01:18:37.320>of <01:18:37.440>mailing <01:18:37.860>and <01:18:38.100>proof <01:18:38.400>of 01:18:38.450 --> 01:18:38.460 align:start position:0% proof of mailing and proof of 01:18:38.460 --> 01:18:40.850 align:start position:0% proof of mailing and proof of publication<01:18:38.880>to <01:18:39.120>the <01:18:39.300>board <01:18:39.480>we <01:18:39.840>do <01:18:40.020>okay 01:18:40.850 --> 01:18:40.860 align:start position:0% publication to the board we do okay 01:18:40.860 --> 01:18:42.410 align:start position:0% publication to the board we do okay is<01:18:41.280>there <01:18:41.400>an <01:18:41.460>escrow <01:18:41.760>requirement <01:18:42.120>for <01:18:42.239>this 01:18:42.410 --> 01:18:42.420 align:start position:0% is there an escrow requirement for this 01:18:42.420 --> 01:18:43.990 align:start position:0% is there an escrow requirement for this unit 01:18:43.990 --> 01:18:44.000 align:start position:0% unit 01:18:44.000 --> 01:18:46.990 align:start position:0% unit and<01:18:45.000>there's <01:18:45.480>International 01:18:46.990 --> 01:18:47.000 align:start position:0% and there's International 01:18:47.000 --> 01:18:50.149 align:start position:0% and there's International Commonwealth<01:18:48.000>yes <01:18:48.480>and <01:18:49.020>again <01:18:49.140>is <01:18:49.920>there <01:18:50.040>a 01:18:50.149 --> 01:18:50.159 align:start position:0% Commonwealth yes and again is there a 01:18:50.159 --> 01:18:51.530 align:start position:0% Commonwealth yes and again is there a blanket<01:18:50.400>Bond <01:18:50.580>on <01:18:50.760>file <01:18:51.000>with <01:18:51.179>the <01:18:51.360>Department 01:18:51.530 --> 01:18:51.540 align:start position:0% blanket Bond on file with the Department 01:18:51.540 --> 01:18:54.050 align:start position:0% blanket Bond on file with the Department yes<01:18:52.320>and <01:18:52.860>again <01:18:52.980>what <01:18:53.280>lease <01:18:53.580>terms <01:18:53.820>would <01:18:53.940>you 01:18:54.050 --> 01:18:54.060 align:start position:0% yes and again what lease terms would you 01:18:54.060 --> 01:18:55.790 align:start position:0% yes and again what lease terms would you offer<01:18:54.300>any <01:18:54.540>party <01:18:54.780>who <01:18:55.080>would 01:18:55.790 --> 01:18:55.800 align:start position:0% offer any party who would 01:18:55.800 --> 01:18:58.790 align:start position:0% offer any party who would um who<01:18:56.699>would <01:18:57.300>um <01:18:57.360>determine <01:18:58.260>the <01:18:58.380>least <01:18:58.500>with 01:18:58.790 --> 01:18:58.800 align:start position:0% um who would um determine the least with 01:18:58.800 --> 01:19:01.669 align:start position:0% um who would um determine the least with you<01:18:59.040>all <01:18:59.360>uh <01:19:00.360>five <01:19:00.540>dollars <01:19:00.900>per <01:19:01.140>acre <01:19:01.440>per 01:19:01.669 --> 01:19:01.679 align:start position:0% you all uh five dollars per acre per 01:19:01.679 --> 01:19:03.649 align:start position:0% you all uh five dollars per acre per year<01:19:01.860>for <01:19:02.159>a <01:19:02.280>five-year <01:19:02.580>paid <01:19:02.880>up <01:19:03.060>lease <01:19:03.360>and 01:19:03.649 --> 01:19:03.659 align:start position:0% year for a five-year paid up lease and 01:19:03.659 --> 01:19:04.610 align:start position:0% year for a five-year paid up lease and again<01:19:03.780>it's <01:19:04.020>just <01:19:04.199>a <01:19:04.320>reasonable 01:19:04.610 --> 01:19:04.620 align:start position:0% again it's just a reasonable 01:19:04.620 --> 01:19:07.490 align:start position:0% again it's just a reasonable compensation<01:19:05.040>for <01:19:05.520>a <01:19:06.060>week <01:19:06.360>in <01:19:06.540>this <01:19:06.659>area <01:19:06.900>yes 01:19:07.490 --> 01:19:07.500 align:start position:0% compensation for a week in this area yes 01:19:07.500 --> 01:19:09.830 align:start position:0% compensation for a week in this area yes and<01:19:08.340>what <01:19:08.520>percentage <01:19:09.000>of <01:19:09.120>the <01:19:09.300>of <01:19:09.540>the <01:19:09.719>unit 01:19:09.830 --> 01:19:09.840 align:start position:0% and what percentage of the of the unit 01:19:09.840 --> 01:19:11.270 align:start position:0% and what percentage of the of the unit is<01:19:10.080>under <01:19:10.199>release <01:19:10.500>presently <01:19:10.920>to <01:19:11.100>the 01:19:11.270 --> 01:19:11.280 align:start position:0% is under release presently to the 01:19:11.280 --> 01:19:13.270 align:start position:0% is under release presently to the internet 01:19:13.270 --> 01:19:13.280 align:start position:0% internet 01:19:13.280 --> 01:19:17.410 align:start position:0% internet 86.47<01:19:14.420>again <01:19:15.420>that <01:19:15.719>does <01:19:15.900>include 01:19:17.410 --> 01:19:17.420 align:start position:0% 86.47 again that does include 01:19:17.420 --> 01:19:20.330 align:start position:0% 86.47 again that does include acreage<01:19:18.420>that <01:19:18.600>is <01:19:18.780>uh <01:19:19.140>owned <01:19:19.560>and <01:19:19.620>feasible <01:19:20.040>by 01:19:20.330 --> 01:19:20.340 align:start position:0% acreage that is uh owned and feasible by 01:19:20.340 --> 01:19:22.850 align:start position:0% acreage that is uh owned and feasible by you<01:19:20.580>all <01:19:20.760>is <01:19:20.940>that <01:19:21.060>correct <01:19:21.239>yes <01:19:21.840>and <01:19:22.679>what's 01:19:22.850 --> 01:19:22.860 align:start position:0% you all is that correct yes and what's 01:19:22.860 --> 01:19:24.590 align:start position:0% you all is that correct yes and what's the<01:19:23.040>percentage <01:19:23.340>of <01:19:23.460>the <01:19:23.580>immunity <01:19:24.120>sequence 01:19:24.590 --> 01:19:24.600 align:start position:0% the percentage of the immunity sequence 01:19:24.600 --> 01:19:25.550 align:start position:0% the percentage of the immunity sequence pool<01:19:24.780>today 01:19:25.550 --> 01:19:25.560 align:start position:0% pool today 01:19:25.560 --> 01:19:28.370 align:start position:0% pool today thirteen<01:19:26.520>point <01:19:26.699>five <01:19:26.940>three <01:19:27.239>percent <01:19:27.540>we 01:19:28.370 --> 01:19:28.380 align:start position:0% thirteen point five three percent we 01:19:28.380 --> 01:19:29.750 align:start position:0% thirteen point five three percent we were<01:19:28.560>asking <01:19:28.800>the <01:19:28.920>board <01:19:29.100>to <01:19:29.340>pull <01:19:29.460>those 01:19:29.750 --> 01:19:29.760 align:start position:0% were asking the board to pull those 01:19:29.760 --> 01:19:32.149 align:start position:0% were asking the board to pull those parties<01:19:30.060>that <01:19:30.179>are <01:19:30.300>listening <01:19:30.659>to <01:19:30.840>the <01:19:30.960>D3 <01:19:31.320>yes 01:19:32.149 --> 01:19:32.159 align:start position:0% parties that are listening to the D3 yes 01:19:32.159 --> 01:19:34.070 align:start position:0% parties that are listening to the D3 yes and<01:19:32.699>that <01:19:32.880>interesting <01:19:33.480>name <01:19:33.600>be <01:19:33.840>operated 01:19:34.070 --> 01:19:34.080 align:start position:0% and that interesting name be operated 01:19:34.080 --> 01:19:37.610 align:start position:0% and that interesting name be operated from<01:19:34.320>this <01:19:34.440>unit <01:19:34.560>is <01:19:34.860>not <01:19:34.980>also <01:19:35.219>okay <01:19:35.400>yes <01:19:36.620>and 01:19:37.610 --> 01:19:37.620 align:start position:0% from this unit is not also okay yes and 01:19:37.620 --> 01:19:40.189 align:start position:0% from this unit is not also okay yes and there's<01:19:38.360>any <01:19:39.360>elections <01:19:39.719>were <01:19:39.900>made <01:19:40.020>under 01:19:40.189 --> 01:19:40.199 align:start position:0% there's any elections were made under 01:19:40.199 --> 01:19:42.410 align:start position:0% there's any elections were made under the<01:19:40.440>order <01:19:40.560>if <01:19:41.219>it's <01:19:41.400>if <01:19:41.640>our <01:19:41.880>application <01:19:42.239>is 01:19:42.410 --> 01:19:42.420 align:start position:0% the order if it's if our application is 01:19:42.420 --> 01:19:43.610 align:start position:0% the order if it's if our application is granted<01:19:42.780>today <01:19:42.900>what <01:19:43.199>would <01:19:43.320>the <01:19:43.500>address 01:19:43.610 --> 01:19:43.620 align:start position:0% granted today what would the address 01:19:43.620 --> 01:19:46.189 align:start position:0% granted today what would the address used<01:19:43.920>for <01:19:44.159>making <01:19:44.340>such <01:19:44.580>elections 01:19:46.189 --> 01:19:46.199 align:start position:0% used for making such elections 01:19:46.199 --> 01:19:50.090 align:start position:0% used for making such elections uh<01:19:46.679>intervest <01:19:47.100>operating <01:19:47.580>LLC <01:19:48.300>408 <01:19:49.260>West <01:19:49.679>Main 01:19:50.090 --> 01:19:50.100 align:start position:0% uh intervest operating LLC 408 West Main 01:19:50.100 --> 01:19:53.510 align:start position:0% uh intervest operating LLC 408 West Main Street<01:19:50.340>Abingdon <01:19:51.060>Virginia <01:19:51.620>24210 <01:19:52.620>attention 01:19:53.510 --> 01:19:53.520 align:start position:0% Street Abingdon Virginia 24210 attention 01:19:53.520 --> 01:19:55.310 align:start position:0% Street Abingdon Virginia 24210 attention Kevin<01:19:53.880>Miller <01:19:54.239>let <01:19:54.659>me <01:19:54.780>get <01:19:54.900>that's <01:19:55.140>the 01:19:55.310 --> 01:19:55.320 align:start position:0% Kevin Miller let me get that's the 01:19:55.320 --> 01:19:56.930 align:start position:0% Kevin Miller let me get that's the address<01:19:55.380>for <01:19:55.620>all <01:19:55.739>Communications <01:19:56.219>for <01:19:56.580>any 01:19:56.930 --> 01:19:56.940 align:start position:0% address for all Communications for any 01:19:56.940 --> 01:19:58.550 align:start position:0% address for all Communications for any order<01:19:57.300>anybody <01:19:57.719>the <01:19:57.840>board <01:19:58.020>is <01:19:58.199>that <01:19:58.380>right 01:19:58.550 --> 01:19:58.560 align:start position:0% order anybody the board is that right 01:19:58.560 --> 01:20:00.530 align:start position:0% order anybody the board is that right yes<01:19:58.920>sir <01:19:59.100>okay 01:20:00.530 --> 01:20:00.540 align:start position:0% yes sir okay 01:20:00.540 --> 01:20:03.229 align:start position:0% yes sir okay that's<01:20:01.080>all <01:20:01.199>I <01:20:01.380>have <01:20:01.500>for <01:20:01.679>Mr <01:20:01.860>Reeves <01:20:02.640>any 01:20:03.229 --> 01:20:03.239 align:start position:0% that's all I have for Mr Reeves any 01:20:03.239 --> 01:20:05.750 align:start position:0% that's all I have for Mr Reeves any question<01:20:03.480>from <01:20:03.719>Mr <01:20:03.900>Reeves 01:20:05.750 --> 01:20:05.760 align:start position:0% question from Mr Reeves 01:20:05.760 --> 01:20:08.510 align:start position:0% question from Mr Reeves hearing<01:20:06.360>on <01:20:06.540>you <01:20:06.659>may <01:20:06.780>proceed <01:20:07.140>Mr <01:20:07.380>Scott 01:20:08.510 --> 01:20:08.520 align:start position:0% hearing on you may proceed Mr Scott 01:20:08.520 --> 01:20:11.330 align:start position:0% hearing on you may proceed Mr Scott thank<01:20:09.000>you <01:20:09.179>Mr <01:20:09.960>Ayers <01:20:10.080>One <01:20:10.620>Last <01:20:10.860>Time <01:20:11.040>your 01:20:11.330 --> 01:20:11.340 align:start position:0% thank you Mr Ayers One Last Time your 01:20:11.340 --> 01:20:14.149 align:start position:0% thank you Mr Ayers One Last Time your name<01:20:11.580>uh <01:20:11.960>your <01:20:12.960>job <01:20:13.080>description <01:20:13.440>James 01:20:14.149 --> 01:20:14.159 align:start position:0% name uh your job description James 01:20:14.159 --> 01:20:17.810 align:start position:0% name uh your job description James there's<01:20:14.520>intervest <01:20:15.179>operating <01:20:15.600>LLC <01:20:16.820>you're 01:20:17.810 --> 01:20:17.820 align:start position:0% there's intervest operating LLC you're 01:20:17.820 --> 01:20:19.189 align:start position:0% there's intervest operating LLC you're familiar<01:20:18.120>with <01:20:18.239>this <01:20:18.360>application <01:20:18.840>is <01:20:19.020>that 01:20:19.189 --> 01:20:19.199 align:start position:0% familiar with this application is that 01:20:19.199 --> 01:20:20.990 align:start position:0% familiar with this application is that correct<01:20:19.380>yes <01:20:19.739>you <01:20:20.100>also <01:20:20.340>help <01:20:20.520>participate 01:20:20.990 --> 01:20:21.000 align:start position:0% correct yes you also help participate 01:20:21.000 --> 01:20:22.729 align:start position:0% correct yes you also help participate you<01:20:21.179>participate <01:20:21.600>in <01:20:21.719>preparation <01:20:22.199>of <01:20:22.380>the 01:20:22.729 --> 01:20:22.739 align:start position:0% you participate in preparation of the 01:20:22.739 --> 01:20:24.590 align:start position:0% you participate in preparation of the applications<01:20:23.100>that <01:20:23.400>also <01:20:23.699>correct <01:20:24.000>correct 01:20:24.590 --> 01:20:24.600 align:start position:0% applications that also correct correct 01:20:24.600 --> 01:20:26.149 align:start position:0% applications that also correct correct are<01:20:25.080>you <01:20:25.260>familiar <01:20:25.440>with <01:20:25.560>the <01:20:25.739>proposed 01:20:26.149 --> 01:20:26.159 align:start position:0% are you familiar with the proposed 01:20:26.159 --> 01:20:29.810 align:start position:0% are you familiar with the proposed effort<01:20:26.520>as <01:20:26.699>well <01:20:26.820>yes <01:20:27.739>and <01:20:28.739>also <01:20:29.100>the <01:20:29.280>closed 01:20:29.810 --> 01:20:29.820 align:start position:0% effort as well yes and also the closed 01:20:29.820 --> 01:20:31.370 align:start position:0% effort as well yes and also the closed uh<01:20:30.120>of <01:20:30.300>the <01:20:30.420>estimated <01:20:30.719>resource <01:20:31.140>of <01:20:31.260>this 01:20:31.370 --> 01:20:31.380 align:start position:0% uh of the estimated resource of this 01:20:31.380 --> 01:20:35.870 align:start position:0% uh of the estimated resource of this unit<01:20:31.880>721 <01:20:32.960>nmcs <01:20:33.960>and <01:20:34.679>you <01:20:35.100>again <01:20:35.340>you 01:20:35.870 --> 01:20:35.880 align:start position:0% unit 721 nmcs and you again you 01:20:35.880 --> 01:20:37.729 align:start position:0% unit 721 nmcs and you again you participate<01:20:36.420>in <01:20:36.600>preparation <01:20:36.900>of <01:20:37.020>the <01:20:37.140>AFE <01:20:37.440>is 01:20:37.729 --> 01:20:37.739 align:start position:0% participate in preparation of the AFE is 01:20:37.739 --> 01:20:39.229 align:start position:0% participate in preparation of the AFE is that<01:20:37.860>right <01:20:37.980>yes <01:20:38.280>so <01:20:38.640>you're <01:20:38.820>familiar <01:20:39.060>with 01:20:39.229 --> 01:20:39.239 align:start position:0% that right yes so you're familiar with 01:20:39.239 --> 01:20:41.390 align:start position:0% that right yes so you're familiar with the<01:20:39.420>will <01:20:39.540>cost <01:20:39.840>yes <01:20:40.320>what's <01:20:40.860>the <01:20:41.040>estimated 01:20:41.390 --> 01:20:41.400 align:start position:0% the will cost yes what's the estimated 01:20:41.400 --> 01:20:46.490 align:start position:0% the will cost yes what's the estimated draw<01:20:41.640>hole <01:20:41.940>cost <01:20:42.060>uh <01:20:42.719>254 <01:20:44.060>422 <01:20:45.320>and <01:20:46.320>the 01:20:46.490 --> 01:20:46.500 align:start position:0% draw hole cost uh 254 422 and the 01:20:46.500 --> 01:20:48.310 align:start position:0% draw hole cost uh 254 422 and the estimated<01:20:46.800>completed <01:20:47.340>will <01:20:47.520>cost 01:20:48.310 --> 01:20:48.320 align:start position:0% estimated completed will cost 01:20:48.320 --> 01:20:52.189 align:start position:0% estimated completed will cost 690<01:20:49.460>107 <01:20:50.460>and <01:20:51.060>again <01:20:51.239>if <01:20:51.480>the <01:20:51.600>board <01:20:51.780>grants 01:20:52.189 --> 01:20:52.199 align:start position:0% 690 107 and again if the board grants 01:20:52.199 --> 01:20:53.630 align:start position:0% 690 107 and again if the board grants our<01:20:52.380>application <01:20:52.739>today <01:20:52.920>would <01:20:53.280>it <01:20:53.400>prevent 01:20:53.630 --> 01:20:53.640 align:start position:0% our application today would it prevent 01:20:53.640 --> 01:20:55.729 align:start position:0% our application today would it prevent waste<01:20:54.179>promote <01:20:54.780>conservation <01:20:55.199>and <01:20:55.440>protect 01:20:55.729 --> 01:20:55.739 align:start position:0% waste promote conservation and protect 01:20:55.739 --> 01:20:57.649 align:start position:0% waste promote conservation and protect relative<01:20:56.100>rights <01:20:56.460>yes 01:20:57.649 --> 01:20:57.659 align:start position:0% relative rights yes 01:20:57.659 --> 01:20:59.930 align:start position:0% relative rights yes that's<01:20:58.020>all <01:20:58.199>I <01:20:58.380>have <01:20:58.500>for <01:20:58.620>Mr <01:20:59.040>Ayers <01:20:59.159>any 01:20:59.930 --> 01:20:59.940 align:start position:0% that's all I have for Mr Ayers any 01:20:59.940 --> 01:21:01.430 align:start position:0% that's all I have for Mr Ayers any questions 01:21:01.430 --> 01:21:01.440 align:start position:0% questions 01:21:01.440 --> 01:21:04.729 align:start position:0% questions Mr<01:21:02.040>chairman <01:21:02.520>go <01:21:02.880>ahead <01:21:03.000>uh <01:21:03.600>I <01:21:04.260>do <01:21:04.440>have <01:21:04.620>a 01:21:04.729 --> 01:21:04.739 align:start position:0% Mr chairman go ahead uh I do have a 01:21:04.739 --> 01:21:06.830 align:start position:0% Mr chairman go ahead uh I do have a question<01:21:04.920>about <01:21:05.219>the <01:21:05.640>unknown <01:21:06.000>unlocatable 01:21:06.830 --> 01:21:06.840 align:start position:0% question about the unknown unlocatable 01:21:06.840 --> 01:21:10.310 align:start position:0% question about the unknown unlocatable Act<01:21:07.620>that <01:21:08.100>we're <01:21:08.219>not <01:21:08.460>escrowing <01:21:09.300>uh <01:21:09.840>I <01:21:10.080>must 01:21:10.310 --> 01:21:10.320 align:start position:0% Act that we're not escrowing uh I must 01:21:10.320 --> 01:21:11.750 align:start position:0% Act that we're not escrowing uh I must have<01:21:10.440>missed <01:21:10.739>something <01:21:10.920>somewhere <01:21:11.580>along 01:21:11.750 --> 01:21:11.760 align:start position:0% have missed something somewhere along 01:21:11.760 --> 01:21:13.189 align:start position:0% have missed something somewhere along the<01:21:12.000>way <01:21:12.060>but 01:21:13.189 --> 01:21:13.199 align:start position:0% the way but 01:21:13.199 --> 01:21:15.709 align:start position:0% the way but what happens<01:21:13.920>to <01:21:14.340>this <01:21:14.520>money <01:21:14.699>now <01:21:15.000>it <01:21:15.420>goes 01:21:15.709 --> 01:21:15.719 align:start position:0% what happens to this money now it goes 01:21:15.719 --> 01:21:17.330 align:start position:0% what happens to this money now it goes to<01:21:15.900>the <01:21:16.140>state 01:21:17.330 --> 01:21:17.340 align:start position:0% to the state 01:21:17.340 --> 01:21:20.390 align:start position:0% to the state and<01:21:18.300>it <01:21:18.780>stays <01:21:19.140>there <01:21:19.199>until <01:21:19.440>these <01:21:19.980>folks <01:21:20.280>are 01:21:20.390 --> 01:21:20.400 align:start position:0% and it stays there until these folks are 01:21:20.400 --> 01:21:24.649 align:start position:0% and it stays there until these folks are found<01:21:20.699>instead <01:21:21.360>of <01:21:21.480>in <01:21:22.080>escrow <01:21:22.440>okay <01:21:23.340>uh <01:21:24.060>have 01:21:24.649 --> 01:21:24.659 align:start position:0% found instead of in escrow okay uh have 01:21:24.659 --> 01:21:25.970 align:start position:0% found instead of in escrow okay uh have I<01:21:24.840>been <01:21:24.960>sleeping <01:21:25.260>for <01:21:25.380>the <01:21:25.560>last <01:21:25.620>two <01:21:25.860>or 01:21:25.970 --> 01:21:25.980 align:start position:0% I been sleeping for the last two or 01:21:25.980 --> 01:21:27.709 align:start position:0% I been sleeping for the last two or three<01:21:26.100>years <01:21:26.219>I <01:21:26.580>don't <01:21:26.760>remember 01:21:27.709 --> 01:21:27.719 align:start position:0% three years I don't remember 01:21:27.719 --> 01:21:30.169 align:start position:0% three years I don't remember us<01:21:28.500>doing <01:21:28.980>that 01:21:30.169 --> 01:21:30.179 align:start position:0% us doing that 01:21:30.179 --> 01:21:32.810 align:start position:0% us doing that previously<01:21:31.080>to <01:21:31.679>this <01:21:31.800>did <01:21:32.100>we <01:21:32.280>have <01:21:32.520>we <01:21:32.699>done 01:21:32.810 --> 01:21:32.820 align:start position:0% previously to this did we have we done 01:21:32.820 --> 01:21:34.870 align:start position:0% previously to this did we have we done that<01:21:33.000>before 01:21:34.870 --> 01:21:34.880 align:start position:0% that before 01:21:34.880 --> 01:21:39.050 align:start position:0% that before okay<01:21:35.880>it <01:21:36.540>was <01:21:36.960>um 01:21:39.050 --> 01:21:39.060 align:start position:0% 01:21:39.060 --> 01:21:41.570 align:start position:0% really 01:21:41.570 --> 01:21:41.580 align:start position:0% really 01:21:41.580 --> 01:21:44.510 align:start position:0% really I<01:21:42.179>don't <01:21:42.300>know <01:21:42.420>exactly <01:21:42.840>the <01:21:43.020>name <01:21:43.199>okay <01:21:44.100>the 01:21:44.510 --> 01:21:44.520 align:start position:0% I don't know exactly the name okay the 01:21:44.520 --> 01:21:48.470 align:start position:0% I don't know exactly the name okay the general<01:21:44.760>assembly <01:21:45.300>passed <01:21:46.140>a <01:21:46.860>bill <01:21:47.120>that <01:21:48.120>the 01:21:48.470 --> 01:21:48.480 align:start position:0% general assembly passed a bill that the 01:21:48.480 --> 01:21:51.410 align:start position:0% general assembly passed a bill that the unknown<01:21:49.199>and <01:21:49.380>locatables <01:21:50.040>would <01:21:50.159>go <01:21:50.340>go <01:21:51.239>there 01:21:51.410 --> 01:21:51.420 align:start position:0% unknown and locatables would go go there 01:21:51.420 --> 01:21:53.930 align:start position:0% unknown and locatables would go go there okay<01:21:51.659>go <01:21:52.140>to <01:21:52.320>the <01:21:52.620>Department <01:21:53.100>of <01:21:53.400>Treasury 01:21:53.930 --> 01:21:53.940 align:start position:0% okay go to the Department of Treasury 01:21:53.940 --> 01:21:57.530 align:start position:0% okay go to the Department of Treasury and<01:21:54.780>we <01:21:55.620>are <01:21:55.860>continuously <01:21:56.820>working <01:21:57.179>on 01:21:57.530 --> 01:21:57.540 align:start position:0% and we are continuously working on 01:21:57.540 --> 01:21:59.870 align:start position:0% and we are continuously working on sending<01:21:58.080>money <01:21:58.739>to <01:21:59.100>the <01:21:59.159>Department <01:21:59.580>of 01:21:59.870 --> 01:21:59.880 align:start position:0% sending money to the Department of 01:21:59.880 --> 01:22:01.910 align:start position:0% sending money to the Department of Treasury<01:22:00.360>there's <01:22:01.020>still <01:22:01.199>some <01:22:01.440>out <01:22:01.679>there 01:22:01.910 --> 01:22:01.920 align:start position:0% Treasury there's still some out there 01:22:01.920 --> 01:22:04.430 align:start position:0% Treasury there's still some out there that<01:22:02.580>need <01:22:02.880>to <01:22:03.000>be <01:22:03.120>resolved <01:22:03.659>but <01:22:03.840>it's <01:22:04.260>a 01:22:04.430 --> 01:22:04.440 align:start position:0% that need to be resolved but it's a 01:22:04.440 --> 01:22:07.310 align:start position:0% that need to be resolved but it's a continuous<01:22:04.860>process <01:22:05.280>okay <01:22:05.880>okay <01:22:06.659>I <01:22:07.020>mean <01:22:07.199>it 01:22:07.310 --> 01:22:07.320 align:start position:0% continuous process okay okay I mean it 01:22:07.320 --> 01:22:10.250 align:start position:0% continuous process okay okay I mean it kind<01:22:07.739>of <01:22:07.860>makes <01:22:07.980>sense <01:22:08.219>but <01:22:08.520>I <01:22:08.820>just <01:22:09.000>I <01:22:09.780>missed 01:22:10.250 --> 01:22:10.260 align:start position:0% kind of makes sense but I just I missed 01:22:10.260 --> 01:22:12.110 align:start position:0% kind of makes sense but I just I missed something<01:22:10.380>along <01:22:10.620>the <01:22:10.860>way <01:22:10.920>thank <01:22:11.400>you 01:22:12.110 --> 01:22:12.120 align:start position:0% something along the way thank you 01:22:12.120 --> 01:22:14.450 align:start position:0% something along the way thank you yes<01:22:12.659>Mr <01:22:12.900>Harris <01:22:13.199>the <01:22:13.500>other <01:22:13.620>the <01:22:13.980>other <01:22:14.159>part 01:22:14.450 --> 01:22:14.460 align:start position:0% yes Mr Harris the other the other part 01:22:14.460 --> 01:22:17.030 align:start position:0% yes Mr Harris the other the other part of<01:22:14.640>that <01:22:14.699>equation <01:22:15.060>is <01:22:15.420>just <01:22:16.260>because <01:22:16.440>we've 01:22:17.030 --> 01:22:17.040 align:start position:0% of that equation is just because we've 01:22:17.040 --> 01:22:20.149 align:start position:0% of that equation is just because we've listed<01:22:17.460>an <01:22:17.640>MS <01:22:18.420>um <01:22:18.540>the <01:22:19.320>party <01:22:19.500>respondent <01:22:19.980>on 01:22:20.149 --> 01:22:20.159 align:start position:0% listed an MS um the party respondent on 01:22:20.159 --> 01:22:21.410 align:start position:0% listed an MS um the party respondent on B3 01:22:21.410 --> 01:22:21.420 align:start position:0% B3 01:22:21.420 --> 01:22:23.209 align:start position:0% B3 um there<01:22:22.080>still <01:22:22.199>is <01:22:22.320>an <01:22:22.440>ongoing <01:22:22.739>effort <01:22:23.100>to 01:22:23.209 --> 01:22:23.219 align:start position:0% um there still is an ongoing effort to 01:22:23.219 --> 01:22:25.430 align:start position:0% um there still is an ongoing effort to locate<01:22:23.520>these <01:22:23.820>parties <01:22:24.179>and <01:22:24.840>if <01:22:25.020>they <01:22:25.260>are 01:22:25.430 --> 01:22:25.440 align:start position:0% locate these parties and if they are 01:22:25.440 --> 01:22:27.110 align:start position:0% locate these parties and if they are located<01:22:25.620>then <01:22:26.400>information <01:22:26.640>will <01:22:27.000>be 01:22:27.110 --> 01:22:27.120 align:start position:0% located then information will be 01:22:27.120 --> 01:22:29.510 align:start position:0% located then information will be transmitted<01:22:27.600>both <01:22:27.780>to <01:22:27.960>the <01:22:28.080>board <01:22:28.260>and <01:22:28.739>to <01:22:28.920>the 01:22:29.510 --> 01:22:29.520 align:start position:0% transmitted both to the board and to the 01:22:29.520 --> 01:22:31.610 align:start position:0% transmitted both to the board and to the Department<01:22:29.640>of <01:22:29.940>Treasury <01:22:30.360>for <01:22:30.780>disbursement 01:22:31.610 --> 01:22:31.620 align:start position:0% Department of Treasury for disbursement 01:22:31.620 --> 01:22:34.970 align:start position:0% Department of Treasury for disbursement of<01:22:32.340>those <01:22:32.580>funds <01:22:33.000>to <01:22:33.120>which <01:22:33.300>they're <01:22:33.480>entitled 01:22:34.970 --> 01:22:34.980 align:start position:0% of those funds to which they're entitled 01:22:34.980 --> 01:22:37.810 align:start position:0% of those funds to which they're entitled okay<01:22:35.400>sounds <01:22:36.000>good <01:22:36.239>thank <01:22:36.600>you <01:22:36.719>then 01:22:37.810 --> 01:22:37.820 align:start position:0% okay sounds good thank you then 01:22:37.820 --> 01:22:41.149 align:start position:0% okay sounds good thank you then any<01:22:38.820>other <01:22:39.000>questions 01:22:41.149 --> 01:22:41.159 align:start position:0% any other questions 01:22:41.159 --> 01:22:42.890 align:start position:0% any other questions hearing<01:22:41.820>on <01:22:41.940>the <01:22:42.120>board <01:22:42.239>operates <01:22:42.540>on <01:22:42.719>a 01:22:42.890 --> 01:22:42.900 align:start position:0% hearing on the board operates on a 01:22:42.900 --> 01:22:44.030 align:start position:0% hearing on the board operates on a motion 01:22:44.030 --> 01:22:44.040 align:start position:0% motion 01:22:44.040 --> 01:22:47.090 align:start position:0% motion I'll<01:22:44.580>move <01:22:44.820>for <01:22:45.000>approval <01:22:45.600>of <01:22:46.140>the 01:22:47.090 --> 01:22:47.100 align:start position:0% I'll move for approval of the 01:22:47.100 --> 01:22:50.510 align:start position:0% I'll move for approval of the petition<01:22:47.760>have <01:22:48.420>a <01:22:48.600>second <01:22:48.719>second <01:22:49.520>any 01:22:50.510 --> 01:22:50.520 align:start position:0% petition have a second second any 01:22:50.520 --> 01:22:51.649 align:start position:0% petition have a second second any discussion 01:22:51.649 --> 01:22:51.659 align:start position:0% discussion 01:22:51.659 --> 01:22:54.590 align:start position:0% discussion scale<01:22:52.380>or <01:22:52.560>you <01:22:52.739>pull <01:22:52.860>the <01:22:53.040>board <01:22:53.159>please 01:22:54.590 --> 01:22:54.600 align:start position:0% scale or you pull the board please 01:22:54.600 --> 01:22:58.550 align:start position:0% scale or you pull the board please Mr<01:22:55.140>Harris <01:22:55.500>yes <01:22:56.280>Mr <01:22:56.699>Rattler <01:22:57.239>Bob <01:22:57.719>Stone <01:22:58.080>Mr 01:22:58.550 --> 01:22:58.560 align:start position:0% Mr Harris yes Mr Rattler Bob Stone Mr 01:22:58.560 --> 01:23:03.470 align:start position:0% Mr Harris yes Mr Rattler Bob Stone Mr Jameson<01:22:59.280>yes <01:22:59.760>Mr <01:23:00.239>red <01:23:00.659>yes <01:23:01.199>Mr <01:23:02.040>Prather 01:23:03.470 --> 01:23:03.480 align:start position:0% Jameson yes Mr red yes Mr Prather 01:23:03.480 --> 01:23:04.930 align:start position:0% Jameson yes Mr red yes Mr Prather yes 01:23:04.930 --> 01:23:04.940 align:start position:0% yes 01:23:04.940 --> 01:23:07.490 align:start position:0% yes Mr<01:23:05.940>Scott <01:23:06.300>your <01:23:06.540>petition's <01:23:07.080>approved <01:23:07.380>as 01:23:07.490 --> 01:23:07.500 align:start position:0% Mr Scott your petition's approved as 01:23:07.500 --> 01:23:09.590 align:start position:0% Mr Scott your petition's approved as presented<01:23:08.040>thank <01:23:08.580>you 01:23:09.590 --> 01:23:09.600 align:start position:0% presented thank you 01:23:09.600 --> 01:23:11.930 align:start position:0% presented thank you thank<01:23:09.960>you <01:23:10.140>very <01:23:10.260>much 01:23:11.930 --> 01:23:11.940 align:start position:0% thank you very much 01:23:11.940 --> 01:23:13.729 align:start position:0% thank you very much next<01:23:12.420>item <01:23:12.780>on <01:23:12.900>the <01:23:13.020>dock <01:23:13.199>at <01:23:13.320>the <01:23:13.440>board <01:23:13.560>will 01:23:13.729 --> 01:23:13.739 align:start position:0% next item on the dock at the board will 01:23:13.739 --> 01:23:15.410 align:start position:0% next item on the dock at the board will receive<01:23:14.040>an <01:23:14.219>update <01:23:14.520>from <01:23:14.760>the <01:23:14.940>board <01:23:15.060>and 01:23:15.410 --> 01:23:15.420 align:start position:0% receive an update from the board and 01:23:15.420 --> 01:23:20.570 align:start position:0% receive an update from the board and division<01:23:15.659>on <01:23:15.900>activities <01:23:16.320>from <01:23:16.679>his <01:23:16.860>staff 01:23:20.570 --> 01:23:20.580 align:start position:0% 01:23:20.580 --> 01:23:23.870 align:start position:0% chairman<01:23:21.480>I <01:23:21.719>don't <01:23:22.080>have <01:23:22.320>anything <01:23:22.560>uh <01:23:23.400>to 01:23:23.870 --> 01:23:23.880 align:start position:0% chairman I don't have anything uh to 01:23:23.880 --> 01:23:25.729 align:start position:0% chairman I don't have anything uh to update<01:23:24.239>off <01:23:24.540>everything <01:23:24.960>it's <01:23:25.320>a <01:23:25.500>long 01:23:25.729 --> 01:23:25.739 align:start position:0% update off everything it's a long 01:23:25.739 --> 01:23:27.649 align:start position:0% update off everything it's a long business<01:23:26.100>is <01:23:26.340>normal 01:23:27.649 --> 01:23:27.659 align:start position:0% business is normal 01:23:27.659 --> 01:23:30.649 align:start position:0% business is normal but<01:23:28.260>yeah <01:23:29.159>we <01:23:29.460>do <01:23:29.520>have <01:23:29.640>a <01:23:29.820>meeting <01:23:29.940>next <01:23:30.420>month 01:23:30.649 --> 01:23:30.659 align:start position:0% but yeah we do have a meeting next month 01:23:30.659 --> 01:23:32.390 align:start position:0% but yeah we do have a meeting next month that 01:23:32.390 --> 01:23:32.400 align:start position:0% that 01:23:32.400 --> 01:23:35.030 align:start position:0% that I'm<01:23:32.880>expecting <01:23:33.239>to <01:23:33.840>receive 01:23:35.030 --> 01:23:35.040 align:start position:0% I'm expecting to receive 01:23:35.040 --> 01:23:38.570 align:start position:0% I'm expecting to receive um<01:23:35.100>three <01:23:35.460>conditions <01:23:36.500>from <01:23:37.500>interface <01:23:38.280>and 01:23:38.570 --> 01:23:38.580 align:start position:0% um three conditions from interface and 01:23:38.580 --> 01:23:40.970 align:start position:0% um three conditions from interface and then<01:23:39.060>we <01:23:39.300>risked <01:23:39.900>and <01:23:40.080>then <01:23:40.380>we <01:23:40.500>had <01:23:40.620>one <01:23:40.739>today 01:23:40.970 --> 01:23:40.980 align:start position:0% then we risked and then we had one today 01:23:40.980 --> 01:23:43.130 align:start position:0% then we risked and then we had one today that<01:23:41.219>was <01:23:41.400>continued <01:23:41.940>so <01:23:42.060>we <01:23:42.239>have <01:23:42.420>four <01:23:42.659>on 01:23:43.130 --> 01:23:43.140 align:start position:0% that was continued so we have four on 01:23:43.140 --> 01:23:46.610 align:start position:0% that was continued so we have four on the<01:23:43.320>dock <01:23:43.620>of <01:23:43.739>gray <01:23:44.179>but <01:23:45.179>as <01:23:45.300>of <01:23:45.480>right <01:23:45.659>now 01:23:46.610 --> 01:23:46.620 align:start position:0% the dock of gray but as of right now 01:23:46.620 --> 01:23:48.590 align:start position:0% the dock of gray but as of right now okay<01:23:47.159>thank <01:23:47.640>you 01:23:48.590 --> 01:23:48.600 align:start position:0% okay thank you 01:23:48.600 --> 01:23:50.750 align:start position:0% okay thank you the<01:23:49.080>last <01:23:49.260>item <01:23:49.679>we'll <01:23:49.860>review <01:23:50.280>the <01:23:50.640>minutes 01:23:50.750 --> 01:23:50.760 align:start position:0% the last item we'll review the minutes 01:23:50.760 --> 01:23:52.130 align:start position:0% the last item we'll review the minutes and<01:23:51.060>approve <01:23:51.360>them <01:23:51.480>from <01:23:51.659>the <01:23:51.780>February 01:23:52.130 --> 01:23:52.140 align:start position:0% and approve them from the February 01:23:52.140 --> 01:23:53.510 align:start position:0% and approve them from the February meeting 01:23:53.510 --> 01:23:53.520 align:start position:0% meeting 01:23:53.520 --> 01:23:55.250 align:start position:0% meeting for<01:23:53.940>a <01:23:54.179>promotion 01:23:55.250 --> 01:23:55.260 align:start position:0% for a promotion 01:23:55.260 --> 01:23:57.350 align:start position:0% for a promotion most<01:23:55.920>people <01:23:56.159>approved 01:23:57.350 --> 01:23:57.360 align:start position:0% most people approved 01:23:57.360 --> 01:24:00.290 align:start position:0% most people approved second<01:23:57.840>any <01:23:58.320>discussion 01:24:00.290 --> 01:24:00.300 align:start position:0% second any discussion 01:24:00.300 --> 01:24:01.790 align:start position:0% second any discussion it's<01:24:00.540>still <01:24:00.840>more <01:24:01.020>where <01:24:01.199>you <01:24:01.320>pull <01:24:01.500>the <01:24:01.679>board 01:24:01.790 --> 01:24:01.800 align:start position:0% it's still more where you pull the board 01:24:01.800 --> 01:24:10.729 align:start position:0% it's still more where you pull the board Please<01:24:02.100>Mr <01:24:02.820>Harris <01:24:03.120>yes <01:24:03.719>yes 01:24:10.729 --> 01:24:10.739 align:start position:0% 01:24:10.739 --> 01:24:13.189 align:start position:0% yes 01:24:13.189 --> 01:24:13.199 align:start position:0% yes 01:24:13.199 --> 01:24:14.870 align:start position:0% yes thank<01:24:13.739>you <01:24:13.860>anything <01:24:14.100>else <01:24:14.400>for <01:24:14.640>the <01:24:14.760>good 01:24:14.870 --> 01:24:14.880 align:start position:0% thank you anything else for the good 01:24:14.880 --> 01:24:16.610 align:start position:0% thank you anything else for the good order 01:24:16.610 --> 01:24:16.620 align:start position:0% order 01:24:16.620 --> 01:24:21.320 align:start position:0% order if<01:24:17.159>not <01:24:17.640>we <01:24:17.880>will <01:24:18.060>adjourn <01:24:18.540>thank <01:24:19.199>you