How will a well/event be treated if it was spud on or after November 19 and prior to the election process be treated?
For qualifying wells that had production before July 1, 2009, a one-time election must be made on PRA between June 4 and June 30, 2009 inclusive of those dates. For a qualifying well/event coming on production after June 30, 2009, a one-time election must be made on PRA before the end of the first production month.