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Comment by John1948 on May 17, 2012 at 15:46

Thanks Jffree,will do

Comment by jffree1 on May 17, 2012 at 14:14

You might want to check the county records to see if your lease has been assigned to another operator.  That is pretty much EOG & EnCana territory so I wouldn't be surprised if someone else holds your lease now.  It's a little early for an extension.  Look for something to happen in the fall if it's going to be extended.

Comment by John1948 on May 17, 2012 at 13:50

I am leased to Cabot, on land in surveys in A-83 Wm Clark,a-238 E.P,Richie and JA brooks A-65;;;scheduled to expire 29th day of January 2013..and eligible for re lease for additional 2 yrs at that point.
My question is are the oil/gas companies exercising there options to re lease currently with the price of natural gas as low as it is now? I figure a lot of thing may happen in* months , but was wondering how the trend is going

Comment by jffree1 on May 17, 2012 at 2:39

Welcome, Sanoakey, and thank you.

Comment by Sanoakey on May 17, 2012 at 2:18

Thanks for the info Jffree We are lucky to have you on this site

Comment by jffree1 on May 16, 2012 at 18:12

They're good for two years.

Comment by Sanoakey on May 16, 2012 at 17:38

Is there a time limit to use that permit

Comment by jffree1 on May 16, 2012 at 16:03

No activity on either permit.  

Comment by Sanoakey on May 16, 2012 at 15:12

Anyone know about the Scorpions SL DU #1 and Butler Rooney SL @1HB on 21 West. XTO got permits back in Nov 2011

Comment by adubu on May 15, 2012 at 6:30

Joe Ed Jones---Sorry to info you BUT producing minerals are not associated with Surface land of property but two separate items--- You are taxed once your minerals produce income (Be happy you paid NO tax on minerals before as they produce no income) The surface owner paid taxes on surface and nothing to do with minerals and of course land owner receives nothing from the mineral royalty income.

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