HGH. You are making reference to Barnett acreage which is unrelated to the CHK/PXP's Haynesville sale acreage which does include E. TX. and NW. LA. There has been little reported on the industry blogs because the prospectus is confidential. Shalegeo may not have realized that when he started the discussion. The sale is for just less than 95,000 net acres with 86% being in Harrison and Panola counties and Bossier Parish. As all offers are due by the first week in February, I expect some specifics may be available after that time.
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More