ShreveCentreCoalition Meeting Minutes
ShreveCentre Coalition Regular Meeting December 2, 2008
Dec 10th, 2008
by Bill.
ShreveCentre Coalition
Regular Meeting
December 2, 2008
A regular meeting of the ShreveCentre Coalition Board of Directors was held December 2, 2008 at Holy Trinity Lutheran Church Parish Hall. President Jack McLeod called the meeting to order at 6:30. Jack introduced guests, Hershel Downs, Diana and Ron Canady, and Joey Greenwald. There was a majority of members in attendance to conduct business. The November 6, 2008 minutes were approved as distributed to the board of directors.
Directors returned the large maps. It was suggested they start a new spreadsheet of new NBLOI they may receive so Gif Gillen can be contacted at a later date to shade any lots that need to be updated. Jack asked for any neighborhood association representative that has not had an opportunity to shade the neighborhood they represent. Gerry Morton took map 2 and Mary Richter took map 3.
Gif Gillen reported that he needs to transfer the information on our maps to maps he can present to major oil companies. He is working with the MPC who is helping as a community project. It will be very advantageous to present the maps showing the total acreage represented and the locations including section, township, and range.
Hershel Downs will let the negotiation committee use one of his lease requirement agreements as a guide to develop the lease for SCC.
Gif again mentioned that drilling is taking place north of Hwy 1 and Ellerbe Road. It will help us when they start laying pipes to get gas to the refineries because the companies will need more land.
Jack got permission to give Tom Mattox of the Downtown Development Authority who is now working for the city on leases Gif’s email address.
Jack McLeod and Larry Farley attended the Haynesville Shale Expedition to see if they could gather any new information.
The question was asked again about those people who have already signed a lease. It was noted that they would have to deal with the oil company they signed with.
We were reminded to tell our members to beware of letters like the American Royalties, LP letter sent to the Apple Tree neighborhood. They want to buy an interest in your mineral rights. This opportunity is not in your best interest. Jack will scan this letter and send it to the board. At the request of the board, this information will also be placed on our website.
Larry Farley asked if the board of directors is interested in hearing from the representative of a Texas oil company who would like to make a presentation to us regarding mineral leasing. This company will have the capability of buying several sections of land and putting pipelines to the refinery. It was agreed to ask this person to come to our January meeting.
There was no unfinished or new business to be presented at this time.
Letters of Intent delivered to incorrect neighborhoods were distributed to the correct one.
The next SCC meeting will be Tuesday, January 20, 2009 at 6:30.
Being no further business to conduct at this time, the meeting was adjourned at 7:25
Dec 10th, 2008
by Bill.
ShreveCentre Coalition
Regular Meeting
December 2, 2008
A regular meeting of the ShreveCentre Coalition Board of Directors was held December 2, 2008 at Holy Trinity Lutheran Church Parish Hall. President Jack McLeod called the meeting to order at 6:30. Jack introduced guests, Hershel Downs, Diana and Ron Canady, and Joey Greenwald. There was a majority of members in attendance to conduct business. The November 6, 2008 minutes were approved as distributed to the board of directors.
Directors returned the large maps. It was suggested they start a new spreadsheet of new NBLOI they may receive so Gif Gillen can be contacted at a later date to shade any lots that need to be updated. Jack asked for any neighborhood association representative that has not had an opportunity to shade the neighborhood they represent. Gerry Morton took map 2 and Mary Richter took map 3.
Gif Gillen reported that he needs to transfer the information on our maps to maps he can present to major oil companies. He is working with the MPC who is helping as a community project. It will be very advantageous to present the maps showing the total acreage represented and the locations including section, township, and range.
Hershel Downs will let the negotiation committee use one of his lease requirement agreements as a guide to develop the lease for SCC.
Gif again mentioned that drilling is taking place north of Hwy 1 and Ellerbe Road. It will help us when they start laying pipes to get gas to the refineries because the companies will need more land.
Jack got permission to give Tom Mattox of the Downtown Development Authority who is now working for the city on leases Gif’s email address.
Jack McLeod and Larry Farley attended the Haynesville Shale Expedition to see if they could gather any new information.
The question was asked again about those people who have already signed a lease. It was noted that they would have to deal with the oil company they signed with.
We were reminded to tell our members to beware of letters like the American Royalties, LP letter sent to the Apple Tree neighborhood. They want to buy an interest in your mineral rights. This opportunity is not in your best interest. Jack will scan this letter and send it to the board. At the request of the board, this information will also be placed on our website.
Larry Farley asked if the board of directors is interested in hearing from the representative of a Texas oil company who would like to make a presentation to us regarding mineral leasing. This company will have the capability of buying several sections of land and putting pipelines to the refinery. It was agreed to ask this person to come to our January meeting.
There was no unfinished or new business to be presented at this time.
Letters of Intent delivered to incorrect neighborhoods were distributed to the correct one.
The next SCC meeting will be Tuesday, January 20, 2009 at 6:30.
Being no further business to conduct at this time, the meeting was adjourned at 7:25
Views: 139
Replies to This Discussion
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Permalink Reply by Skip Peel - Mineral Consultant on
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parker. Not off the top of my head but some specifics as to location are given in their official corporate announcements. I am unsure as to the specific wells you mention as 3.9 Mmcfe/d. As to the center of the play, HK places it where their primary leasehold lies and CHK does the same. I think they both may be right however the core area is larger than either area put together.
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Permalink Reply by Bobi Carr ("parker") on -
Skip,
Look at the Petrohawk presentation dated December 9th.
Sorry, I had read the information on page 12 under the Fayetteville heading. I will delete so as not to cause further confussion.
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Permalink Reply by Skip Peel - Mineral Consultant on
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Yep, that's the recent report that I posted as a discussion topic. I don't have time at the moment to look them up but since the well name and s-t-r is given, they can be viewed on SONRIS under permits by parish.
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Permalink Reply by Caroline B on
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Hi Robert
What part of Natchitoches Parish are you in? Our family has some land in the Robeline area. Wondering what you've heard about the area.
Thanks!
Caroline B.
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Permalink Reply by Skip Peel - Mineral Consultant on
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Baron. Nope. I am one of the thousands of homeowners covered by the coalition. And I post whatever I run across in regard to the coalition because I have recognized the interest and concern of numerous members. I do know at least one of the of the coalition members involved with the ongoing negotiations. I have not had contact with him in years but I know that he is as knowledgeable and ethical as any industry insider that I know. I am content to let him and the committee handle what I know is a complicated and lengthy process. From my work in the industry, I think that I have a fair idea of the magnitude of their task. I suspect that many residents of the neighborhoods represented in the SCC are concerned with the lack of communication. That is definitely an area that I think the coalition can improve upon.
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Permalink Reply by The_Baron on
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Do you think the coalition can effectively negotiate leases for such a wide and non-continuous membership?
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Permalink Reply by Skip Peel - Mineral Consultant on
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Baron. The challenge is to make the neighborhoods as contiguous as possible. Big challenge. Who knows how successful that effort may be. I think the general consensus among the GHS members is that "groups are good". Sometimes true. Many times, not. It is a comforting thought to be part of a group. And, on first thought, a seeming advantage. But only for those who have no knowledge or interest in how the O&G industry views group dynamics. Many groups go for numbers without regard to sections. A group could have 10,000 members representing thousands of acres and it would not impress any operator with an interest to develop if the properties were not substantially contiguous and the lease terms uniform. Groups consisting of rural/exurban properties that vary in size, location and lease terms have proven less than successful. As many of our members can attest from first hand experience. However, the urban/suburban neighborhoods represented by the SCC are relatively homogenous. And the owners share many concerns as to what constitutes a reasonable and acceptable lease. They also share a realization that the potential financial gain is modest at best. I think many would be willing to lease with assurances that the development would not negatively impact their daily lives. And in the case of the SCC, they do represent the last, large and potentially contiguous area in the core of the HS Play. There is considerable potential value in the acreage they represent. On the other hand, I readily admit that the added expense and head aches involved with developing densely populated urban neighborhoods is a huge hurdle that many major operators would just as soon pass over. Time will tell. And I for one am willing to wait. I think it may make for one of the more interesting chapters in the history of the HS Play.
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Permalink Reply by The_Baron on
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It will be interesting,
and I agree groups are good.
I just feel that smaller more localized groups will fare better in the long run. Groups based on neghiborhoods or even whole sections, rather than a patchwork of landowners in a whole township.
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Permalink Reply by Skip Peel - Mineral Consultant on
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When the coalition members working on the mineral leasing feel they have reached a satisfactory percentage of willing landowners as represented by executed letters of intent, I would suggest that they subdivide the area covered by section and attempt to find a representative from each section to participate in the negotiations. Landowners are best represented by not being constrained by circumstance or events outside of their section. I'm sure you can imagine some of the problems that will almost assuredly crop up. Would you care to list some of them?
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