Replies to This Discussion

Permalink Reply by Count of Monte Cristo on July 20, 2008 at 5:55

Really? What about Benton has been a hot spot lately? I would sure be glad if this was the case!

I think that you have to consider Petrohawk's recent monster well in south Bossier as the main hot spot right now.

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Permalink Reply by crazycat on July 27, 2008 at 13:21

My aunt lives in Benton and she got offered $5000.00 from Twin Cities!!!

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Permalink Reply by herefordsnshale on July 20, 2008 at 7:10

The "hotspots" right now seem to be southern Caddo, northern DeSoto, and southern Bossier. Strangely, the town of Haynesville is not in the hot zone at the moment (it wasn't even included in the early maps). I'm not sure why the named the shale after it.

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Permalink Reply by crazycat on July 27, 2008 at 13:23

north Bossier is also in the running. I have family there that have had an offer from Twin cities.

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Permalink Reply by DrWAVeSport Cd1 on July 20, 2008 at 7:23

ShaleGeo,

My leasing negotiations DON'T REFLECT this info. I have set the bar at 30/30 and I won't sign for less...big talk I know...(I could get pooled!) Ha Ha.

Thanks again for all you do for fellow "shalers." Can't say it enough!

DrWAVeSportV

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Permalink Reply by RAY on July 20, 2008 at 8:02

Haynesville Shale has nothing to do with Haynesville,LA.

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Permalink Reply by Snake Stewart on July 20, 2008 at 8:08

Wouldn't be a terrible time for a swim would it ( LOL ) !

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Permalink Reply by ChelleA1 on July 20, 2008 at 8:09

What is 30/30??? and where do you think the hot spot is?

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Permalink Reply by DrWAVeSport Cd1 on July 20, 2008 at 8:23

WE ALL LIVE IN THE "HOT SPOT." My apology for sounding short.

30K/per acre bonus and 30% royalty, 3 year lease with drilling.

A 5 year lease (3 primary, 2 extension) will cost more.

And, I will NOT be giving away any %ages.

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Permalink Reply by ChelleA1 on July 20, 2008 at 8:27

Yeah wish I had of waited!!! Not signed yet but have a 1%er waiting!!! IF THAT'S ALL IT AMOUNTS TO....... And yes yes yes to higher royalties !!!

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Permalink Reply by CK Russell on July 20, 2008 at 8:35

OK I am a newbe. What does "I will nOT be giving away 96ages" mean?

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Permalink Reply by DrWAVeSport Cd1 on July 20, 2008 at 8:41

CK Russell,

I will NOT be signing away a percentage (%age) of Bonus moneys or royalty moneys to a 3rd party negotiator, i.e. lawyer, landman, HOA, etc.

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