"The drill syndicate, which includes new participants, is using a more cost efficient drilling rig to drill the first of up to three potential wells that are strategically located on contiguous lands leased from a private U.S. party."

Montello has either leased or bought the entire John Bowen farm. (243 + 190 = 433 acres) One square mile is 640 acres, so it is possible that JB #3 is being drilled outside of the John Bowen farm, since it is about 1 mile west of JB #2.