Replies to This Discussion

landownerPermalink Reply by ALongview on January 17, 2010 at 17:04

Cabot has most of the leases in 139.

Permalink Reply by jffree1 on January 17, 2010 at 17:39

Fossil Resources had some... they drilled a vertical that has never been completed.

Oil & Gas ProPermalink Reply by jerry smith on January 18, 2010 at 4:01

ye cabot prices or still back in the 1800

Oil & Gas ProPermalink Reply by jerry smith on January 18, 2010 at 3:18

yes it was in survey 139

landownerPermalink Reply by JWC on January 18, 2010 at 3:27

Thanks Jerry. Good news for SA County.

landownerPermalink Reply by Doug Fitzgerald on January 17, 2010 at 8:19

What o&g co. did you lease to Jerry.? I have 6 acres unleased in Denning.

Permalink Reply by william green on January 17, 2010 at 17:09

wtg jerry, hope this comes true to all of us

Oil & Gas ProPermalink Reply by jerry smith on January 18, 2010 at 4:00

i sign a confidentiality agreement on the the lease and i cant tell you everything but stand tough and dont back down from any of theses oil company's they need us just as we need them and dont for get what down in that ground belongs to us not them. i even heard the bonus money should go to 25k to 30 k in the 2 to 3 years so be careful of what you sign.

Permalink Reply by jffree1 on January 18, 2010 at 4:33

Jerry, can you tell us the size of the parcel, please? And did you negotiate on your own or have attorney handle it for you?

Permalink Reply by jffree1 on January 18, 2010 at 5:17

Here is what jerry smith posted in November:

Permalink Reply by jerry smith on November 26, 2009 at 9:48am
i have a lease with cabot oil and they wanted to lease some other property of mine and i would not give it to them because they are real cheap and they think you are dum because you come from east texas. what should i do. Yes it is in the JJ Hennis A 139 at county line in i have another 200 acers

Permalink Reply by Cheerleader on January 18, 2010 at 9:55

MOTHERLOAD PEOPLE,
I have been taking this position for some time regarding the bonus money and the fact that I believe we are not getting any feed back, subsequent to the signing of the leases, because of confidentiality clauses.
In my opinion, we should not insist on any information from Jerry so that he does not breach his agreement.
Jerry, I am so proud of you for taking a MOTHERLOAD stand on your mineral rights!!
It appears from Jerry's prior postings that this bonus is a result of a position, in an abstract, either parallel with, or north-west or north-east of San Augustine town.
MOTHERLOAD PEOPLE OF SAN AUGUSTINE UNITE!!!

Permalink Reply by jffree1 on January 18, 2010 at 10:37

That's why I went ahead and reposted what he said in Nov. before (apparently) he signed a confidentiality agreement. He didn't say anything recently... I did. And I'm just guessing.

Jerry had 200 acres to lease. Just another example of where "size matters". But, I don't think he got Cabot to pay 15K... had to be someone else.

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