There was one 2 acre tract in St. Helena/E. Feliciana (probably the Amite River bottoms) that was bid on and accepted. The Bonus price was $1001.00 per acre with 25% royalty. the bid was by Carla Petroleum, Inc.
Additionally; There were 4 tracts that were bid on in Avoyelles Parish by Anadatko. The total acreage was 156 acres. The lease Bonus was $226.51 per acre with 22.5% royalty.
Tags:
Could the Avoyelles Parish area be the Atchafalaya River?
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AboutAs 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 |
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