Replies to This Discussion

Permalink Reply by kittycatmama on August 22, 2009 at 11:35

Chesapeake or Encana? I believe Encana has filed to be the operator in that section. I have also heard of other offers of $4000-$5000 an acre in anything unleased in T14 R14. Any of you out there want to say if this is a fair offer or not?

Permalink Reply by Kay DS1 on August 22, 2009 at 13:23

At this time, it probably is, with the price of natural gas under $3.00. We did get more than twice that much, but the prices were much higher then. We signed with Encana with 25% royalites and no option. We are in T13R14 also.

Permalink Reply by Kay DS1 on August 22, 2009 at 13:24

Sorry...dark in here...we are T14R14 also.

Permalink Reply by kittycatmama on August 22, 2009 at 14:35

About a month ago, we saw heavy equipment going into Scout Ranch. It looked like type of equipment that would build a pad; however, no permits for either Sec. 18 or Sec. 7 of 14/14 where the Scout Ranch is located. Maybe someone on here knows something about those sections????????

Permalink Reply by Jason on September 21, 2009 at 5:51

I live in N. DeSoto estates as well and have been aproached at 3000 per acre and 1/4 on the mineral. i notice this is a month old have you decided to lease or been approached by with another offer?

Permalink Reply by kittycatmama on September 22, 2009 at 11:59

I have heard of offers between $4000-$5000 in that area

Permalink Reply by JAMES SMITH on September 29, 2009 at 8:09

Anyone know of anything for sec 19 T14 R14 in the kickapoo area?

Permalink Reply by Skip Peel - Mineral Consultant on October 7, 2009 at 10:18

kittycatmama. Can you tell us the name of the company making the offer? And anything in general about the size of the tract(s) that received the offers?

Permalink Reply by kittycatmama on October 8, 2009 at 4:04

Chesapeake and Encana were offering $5000 an ac. in early Sept. for 1 ac. tracts. 25% royalty, 3 yr. leases with 2 yr. renewal clause

Permalink Reply by Skip Peel - Mineral Consultant on October 8, 2009 at 4:08

Thank you. That's a pretty good offer for small tracts. And a good indication of future intent to develop.

Permalink Reply by kittycatmama on October 11, 2009 at 3:57

If you look on SONRIS, note that T15N R14W(Desoto) is not producing the big wells that T14 R14 are. These areas are so close, yet production so different. What gives? The latest well (Dyson) that is now posted online in Sec.21/15/14 is only 6994mcfd. 14/14 is supposedly one of the core areas and yet here is an area just a couple miles north that isn't showing great stuff.

Permalink Reply by Kay DS1 on October 11, 2009 at 10:59

I hope they are waiting until the prices go UP!

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