Anybody heard of LouTex Sovereign

I have been contacted by a land man working for a company named LouTex Sovereign about leasing property in sections 9-19-3 and 10-19-3 in Lincoln parish. Anybody know anything about this company and what their plans may be for this area?

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Oil & Gas ProPermalink Reply by SP on May 19, 2015 at 2:28

Never heard of them, but on the Secretary of State's website there address is listed as:

5949 SHERRY LANE SUITE 1610

DALLAS, TX 75225

This is the same address as Sovereign Resources LLC. There website address is http://www.sovres.net/index.html

landownerPermalink Reply by Bgn64 on May 19, 2015 at 4:20

Thanks MT. From what I can see, they are new company formed at the end of last year. Their plans were to bring 3 rigs into Lincoln parish but who knows with the current gas prices.

landownerPermalink Reply by fm on May 19, 2015 at 8:49

they're a co. from n.o. I've heard they had been leasing south of ruston have heard they were paying 400.& up high as 1000.

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