Someone please look at this (located in Bienville Parish Group) and tell me if you think Bossier Parish (or parts of it) look to be in the middle of the Haynesville Shale according to Petrohawk? I am not good with maps but it sure looks like Bossier Parish is also in the heart of it. That is a really good article, everyone please be sure and read it. Thanks Earl for sharing this with us. You need to put that map up front where everyone can see it. How far north does it look like it goes? I have co-workers in Benton who have been told the shale doesn't go that far. Bossier Parish people please be sure and read this too, very informative.

Dear Unsigned Landowners of Western Bienville and South Webster,
Posted by Earl on July 6, 2008 at 1:10pm in Bienville Parish Network
Before you put pen to paper on a lease that you feel the offer is not adequate enough considering the latest news and projections. I would like to point out one piece of information and one piece only. If you can read this map and still feel as though you are on the fringe, out of the play or just too far away from the "sweet spot" to get a better deal than what’s been offered to you, then I don't know what to tell you. The claims that the best spot for the HS is South Caddo and Northern Desoto no longer holds water, I'm not saying that its not a great place to capitalize on the HS, but the center has moved. The new center is South Bossier Parish until the next big well comes in and dwarfs the Elm Grove Plantation #63. This means something to those of you living in South Bossier, South Webster and Western Bienville; you are now closer to the center than any of the wells in South Caddo and Northern Desoto. The Companies know this, the leasing activity has picked up in this area as land men are quietly scooping up leases far below what the potential for this area is showing. It's SSDD, business as usual, playing on peoples fear of being left out, that they are just on the fringe and lucky to be receiving the offers they are getting and "we're just not interested at the moment".

Now to the single piece of public info that I will present to you, It's not what the landmen are saying, It’s (largest HS thickness of map) not even being discussed on this forum.......yet. It's what Petrohawk presented to their good buddies and friends, also known as Investors and Share Holders on page #11 on their June 2, 2008 report. http://library.corporate-ir.net/library/10/105/105858/items/296595/... Below is a copy of their map of this area showing current wells, Isopach (3-D system model) data points and planned well sites for 2008. The info I want you to see and consider is the red dots indicating Isopach data points. The red dot in Southern Caddo Parish says they have 195' of HS. The red dot in Red River Parish shows they have 148' of HS. We know from the "Historical News" report issued by Petrohawk on 06-30-2008 that there is 212' of HS in Elm Grove field. http://www.petrohawk.com/news/default.aspx?id=1170360 Now draw your attention to the red dot along the South Webster and Northwest Bienville lines. It says 228' of HS in Bienville Parish. Does it say the same thing to you as it does to me? Bienville has 33’ to 80’ thicker shale. The claims are that bonus money and value of the leases is directly attached to the thickness of the HS. Now look at the proposed well sites for 2008 (Gold Triangles) 3 planned wells just north of this Isopach data point in South Webster. That’s a lot of resources (when rig counts are as low as they are right now) in an area they are calling unimportant and uninteresting and "on the fringe"! They would love to have you all signed before any of these wells start producing. Are you going to believe what the landman is telling you or what the "Big Dogs" are telling their good buddies and friends, I mean investors and stockholders?

Patience is the rule. Research. Gain all the knowledge you can attain, it's of the utmost importance if you want to get the best deal possible. You CAN negotiate your own deal; learn to say, "No thanks, I’ll wait." These guys aren’t going anywhere; otherwise they wouldn’t want to sign a yearlong rental-housing lease for themselves. Don't sign anything where there is even one word you do not understand. "It is Coming." Be in the best position to grab a hold of it. I hope this little tidbit helps those of you in and around this area who are fearing you'll be left out and settling.....

Oliver Wendell Douglas III
Tags: bienville, bossier, webster