Replies to This Discussion

Permalink Reply by kikirn613 on July 31, 2008 at 16:07

Jennifer, We would like to be included in this. I will try to pick one up Friday. I don't think we will make the meeting Sat, due to prior commitments. Please let me know if there is anything that we need to do to help. Kim and Tom. 111101 Woodmere.

Permalink Reply by Jennifer Smith on August 1, 2008 at 3:39

The potluck meeting Saturday is basically to inform everyone of what we are doing and to let people sign up. I will be home Friday after 5:30 and you are welcome to stop by. I'm at 11121 Woodmere.

Permalink Reply by Karen on August 5, 2008 at 11:22

Jennifer,

What's the status of our group's negotiations? We missed the PotLuck on Sat. What happens next? What can I do to help? How do we sign up? Thanks, K. Rimmer

Permalink Reply by Jennifer Smith on August 5, 2008 at 13:57

Right now we have 47% of the neighborhood signed up. We are aiming for 90% before we contact any O&G compaines. If Kevin did not leave you a nonbinding intent to sign form let me know. If he did, just fill out the info and leave it in one of our mailboxes if we aren't home.

Permalink Reply by Rosana Dana on August 5, 2008 at 14:19

JENNIFER,
HOW MUCH PER ACRE ARE YOU ALL WANTING AND HOW MANY ACRES DOES YOUR GROUP HAVE?

Permalink Reply by Jennifer Smith on August 5, 2008 at 15:28

Our subdivision is aproximately 30 acres. We currently have close to half signed up. We are asking $200 per lease signed on property. It is possible that it could be less. We aren't sure how much is will cost for legal fees etc. We will only ask to be paid if we successfully get leases for our group since we are volunteering and paying for expenses ourselves as we go.

Permalink Reply by Karen on August 5, 2008 at 15:40

How much are you planning on asking the O&G companies? I am hearing so many different figures from other areas.

Permalink Reply by Jennifer Smith on August 6, 2008 at 2:24

We are not sure yet. We plan to contact several and see what offers we get.

Permalink Reply by bullbayou on August 6, 2008 at 2:33

Hate to bust your bubble, but all that land around that interesection is in a producing unit, and not leasable. The producing well is operated by J-W, and is on the East side of Red River. The unit includes land all the way up to University school, goes East across the Red River. The unit is a Voluntary Unit and encompasses more than 600 acres. I would not waste any more time in your group because you are already leased. Sorry.

Permalink Reply by Jennifer Smith on August 6, 2008 at 3:44

Thanks for the info. Actually there is a portion of our neighborhood that is not under lease. Not sure why it was excluded from the Webb well, but it was.