Airline Drive ActivityI

I am a property  owner living in California, and am requesting any updated information on drilling in the Swan Lake area of Bossier.  I had a 3 year lease that expired last year without any drilling activity or renewal. Any information on drilling or what company is working this particular area would be helpful.  B. Parks.

 

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Permalink Reply by Skip Peel - Mineral Consultant on June 30, 2012 at 1:11

No current drilling or permits.

Permalink Reply by Bobi Carr ("parker") on July 3, 2012 at 4:22

Skip,

  My guess is that prices need to be $5.00 or higher to make this area profitable for drilling.  What is your estimate?

Permalink Reply by Skip Peel - Mineral Consultant on July 3, 2012 at 4:24

I'd say that's a reasonable guesstimate.

Permalink Reply by Bobi Carr ("parker") on July 3, 2012 at 4:30

I don't think we will see $5.00 prices very soon, but boy oh boy, do I hope I'm wrong.

Permalink Reply by Bobi Carr ("parker") on July 3, 2012 at 15:21

Sorry Mr. Parks,

I'm in Bossier too and things aren't looking too rosey.

Permalink Reply by Bernard Parks on July 10, 2012 at 20:18

Thanks for ll of you who took ti to respond. Any future feedback will be greatly appreciated. B. arks..

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