shelby
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Any New Offers to Lease for October

Posted on December 1, 2008 at 6:40am 0 Comments

I have family with 150+ acres in the Huxley Bay area; some family has already leased with Chesapeake around the 1st of the year. Anybody out there know if there are any active players that are still in the lease hunt? I know Devon had been active in the area, through St. Marys, but, have not heard of any action recently. Thanks to all for any input.
Shelby

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At 12:31pm on November 28, 2008, lanadan Ds3 said…
check out my new post on discussion about Stanley Seismograph goings on. Infor there may be of interest to you. see ya, lanadan
At 10:34pm on August 8, 2008, lanadan Ds3 said…
Found out where this well is. Sec 7 10n 14w(serial #238186) There is another one (horizontal) permitted in Sec 12 10n 15w (serial #238212). This is closer to us than the proposed horizontal well north of Logansport. I think this one South of us will affect us more if it is positive.
At 8:38pm on August 8, 2008, lanadan Ds3 said…
Shelby,
I've been out of pocket for a few days but just discovered something that I think is what all of us in Southwest Desoto have been hoping for. Comstock had its conference call on Tuesday. They said that they started drilling a horizontal well on Aug, 4 in their Toledo North holdings below us in Southwest Desoto parish near Sabine parish. If you go to their website (www.comstockresources.com), click on presentations, you can listen to the CC and download the pdf. to see where this well is being drilled. This may take some time for the well to be finished and ip rates to come in, but I think that good results will justify a higher royalty for us.
I still haven't heard from my landman (woman). I really think they are playing games at this point. They think that we will run scared and call them and accept a lower rate. Well, I'm not playing that game. I would rather keep my minerals and have nothing than let them have them for WAY less than they are worth.
The CEO of Chesapeake in their cc Friday called $30,000 "chump change" as far as leases go for this play and what they stand to gain. I'll keep you posted on anything else I find/hear.
BTW, A friend of mine has a husband that works for Nomack drilling and she SWEARS that he says there is oil below the Hanesville. So, there may be a story within the story.
At 8:47am on August 8, 2008, MB said…
See pm. TX.
At 10:50pm on August 6, 2008, Ginger said…
I just posted a map that would be lovely if it turns out to be accurate :) My husband and I still have a lot of family in East Texas but we're up in DFW. You?

Ginger
At 8:19pm on August 6, 2008, Ginger said…
Shelby,
We're in the same boat - family interests on the Texas side & waiting & hoping there's something good underneath. After we saw that map with the Sabine Island reference, I had been trying to figure out if that was a good or bad thing, but never came up with much info. The only other reference I could find is a very technical geological doc (Review of Late Jurassic Depositional Systems and Potential Hydrocarbon Plays, Northern Gulf of Mexico Basin by Thomas E. Ewing). I haven't found the whole doc online or ordered a copy yet.

Ginger
At 1:50pm on August 6, 2008, Ginger said…
Shelby,
I don't think I've seen the Comstock map but there is one on pg. 8 of the Tristone Capital report.

https://research.tristonecapital.com/Haynesville%20Report%20-%2006-20-08.pdf

Ginger
At 11:08am on August 5, 2008, Ginger said…
Hi Shelby,
I've also been looking for info about Sabine Island & had asked Jay a couple of weeks ago. Unfortunately at that time he said he wasn't familiar with it. If you get any good info, please share & I'll do the same.

Ginger
At 5:35pm on July 26, 2008, lanadan Ds3 said…
Shelby,
Yes, pinderd@bellsouth.net is my personal e-mail. I talked with a landman from JW Porter today. I asked her to make me a new offer. I turned down 7500 six-seven weeks ago. She asked for a counter offer back then but I have been dragging my feet to allow lease bonuses to go up. I don't expect more than 15,000 because this is the most that TCB has been offered by the same group (representing Chesapeake). I am still waiting on 2nd quarter conference calls from the various oil and gas companies in the play. Chesapeake will have their's on July 31. I think that we will have much more info to work with.
Are you in sec 17, 11n, 15w? Who has contacted you? Was it JW Porter for Chesapeake. Have you been contacted by other companies? How much have you been offered. E-mail me with that info if you want.
At 9:12pm on July 23, 2008, patrick hays said…
50 years and a lot of paperwork...maybe we will get lucky...It would be nice to re lease the deeper depths before they figure out how to lock it up.

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