Oil & Gas Pro

NOVEMBER STATE MINERAL BOARD AUCTION RESULTS

2 - INLAND



41698 RED RIVER 1, 12, 2, 31, 36, 6 T14N, T15N R10W, R11W 110.000 PARAMOUNT ENERGY INC. 110.000 $1,032,680.00 $9,388.00 $516,340.00 0.2500000 0.2500000


 3 41698 RED RIVER 1, 12, 2, 31, 36, 6 T14N, T15N R10W, R11W 110.000 MATADOR RESOURCES COMPANY 110.000 $1,387,980.00 $12,618.00 $693,990.00 0.2100000 0.2100000


 1 41698 RED RIVER 1, 12, 2, 31, 36, 6 T14N, T15N R10W, R11W 110.000 MATADOR RESOURCES COMPANY 110.000 $1,179,200.00 $10,720.00 $589,600.00 0.2500000 0.2500000


 2 41698 RED RIVER 1, 12, 2, 31, 36, 6 T14N, T15N R10W, R11W 110.000 HUE E.P. ENERGY COMPANY 110.000 $1,000,010.00 $9,091.00 $500,005.00 0.2500000 0.2500000


 


 4 41699 RED RIVER 11, 12, 13, 14, 23 T14N R11W 96.000 HUE E.P. ENERGY COMPANY 96.000 $523,680.00 $5,455.00 $261,840.00 0.2500000 0.2500000


 4 41699 RED RIVER 11, 12, 13, 14, 23 T14N R11W 96.000 MATADOR RESOURCES COMPANY 96.000 $1,211,328.00 $12,618.00 $605,664.00 0.2100000 0.2100000


 1 41699 RED RIVER 11, 12, 13, 14, 23 T14N R11W 96.000 PARAMOUNT ENERGY INC. 96.000 $756,096.00 $7,876.00 $378,048.00 0.2500000 0.2500000


3 41699 RED RIVER 11, 12, 13, 14, 23 T14N R11W 96.000 MATADOR RESOURCES COMPANY 96.000 $827,136.00 $8,616.00 $413,568.00 0.2500000 0.2500000


 


 2 41700 RED RIVER 12, 13, 14, 18, 24, 7 T14N R10W, R11W 42.000 MATADOR RESOURCES COMPANY 42.000 $529,956.00 $12,618.00 $264,978.00 0.2100000 0.2100000


 1 41700 RED RIVER 12, 13, 14, 18, 24, 7 T14N R10W, R11W 42.000 MATADOR RESOURCES COMPANY 42.000 $450,240.00 $10,720.00 $225,120.00 0.2500000 0.2500000


 2 41700 RED RIVER 12, 13, 14, 18, 24, 7 T14N R10W, R11W 42.000 PARAMOUNT ENERGY INC. 42.000 $246,792.00 $5,876.00 $123,396.00 0.2500000 0.2500000


 3 41700 RED RIVER 12, 13, 14, 18, 24, 7 T14N R10W, R11W 42.000 ENCANA OIL & GAS (USA) INC. 42.000 $211,176.00 $5,028.00 $105,588.00 0.2500000 0.2500000


 5 41700 RED RIVER 12, 13, 14, 18, 24, 7 T14N R10W, R11W 42.000 HUE E.P. ENERGY COMPANY 42.000 $305,466.00 $7,273.00 $152,733.00 0.2500000 0.2500000


 


 4 41701 RED RIVER 13, 14, 23, 24, 26 T14N R11W 44.000 MATADOR RESOURCES COMPANY 44.000 $555,192.00 $12,618.00 $277,596.00 0.2100000 0.2100000


 2 41701 RED RIVER 13, 14, 23, 24, 26 T14N R11W 44.000 HUE E.P. ENERGY COMPANY 44.000 $240,020.00 $5,455.00 $120,010.00 0.2500000 0.2500000


 3 41701 RED RIVER 13, 14, 23, 24, 26 T14N R11W 44.000 MATADOR RESOURCES COMPANY 44.000 $379,104.00 $8,616.00 $189,552.00 0.2500000 0.2500000


 


 1 41702 RED RIVER 13, 18, 19, 23, 24, 25, 26, 30 T14N R10W, R11W 169.000 MATADOR RESOURCES COMPANY 169.000 $2,132,442.00 $12,618.00 $1,066,221.00 0.2100000 0.2100000


1 41702 RED RIVER 13, 18, 19, 23, 24, 25, 26, 30 T14N R10W, R11W 169.000 HUE E.P. ENERGY COMPANY 169.000 $1,229,137.00 $7,273.00 $614,568.50 0.2500000 0.2500000


4 41702 RED RIVER 13, 18, 19, 23, 24, 25, 26, 30 T14N R10W, R11W 169.000 MATADOR RESOURCES COMPANY 169.000 $1,811,680.00 $10,720.00 $905,840.00 0.2500000 0.2500000


 2 41702 RED RIVER 13, 18, 19, 23, 24, 25, 26, 30 T14N R10W, R11W 169.000 PARAMOUNT ENERGY INC. 169.000 $1,586,572.00 $9,388.00 $793,286.00 0.2500000 0.2500000


 


 3 41703 RED RIVER 25, 30, 31, 36 T14N R10W, R11W 33.000 MATADOR RESOURCES COMPANY 33.000 $416,394.00 $12,618.00 $208,197.00 0.2100000 0.2100000


 1 41703 RED RIVER 25, 30, 31, 36 T14N R10W, R11W 33.000 PARAMOUNT ENERGY INC. 33.000 $193,611.00 $5,867.00 $96,805.50 0.2500000 0.2500000


3 41703 RED RIVER 25, 30, 31, 36 T14N R10W, R11W 33.000 MATADOR RESOURCES COMPANY 33.000 $353,760.00 $10,720.00 $176,880.00 0.2500000 0.2500000


 2 41703 RED RIVER 25, 30, 31, 36 T14N R10W, R11W 33.000 ENCANA OIL & GAS (USA) INC. 33.000 $165,924.00 $5,028.00 $82,962.00 0.2500000 0.2500000 


 


 4 41704 SABINE 16 T08N R14W 193.000 PARAMOUNT ENERGY INC. 193.000 $555,261.00 $2,877.00 $277,630.50 0.2500000 0.2500000


 


 4 - STATE AGENCY


 


41714 CADDO 10, 15, 16, 17, 18, 19, 20, 21, 22, 7, 8, 9 T17N R15W 8.715 NO BID .000 $0.00 $0.00 $0.00 0.0000000 0.0000000


 


 1 41715 CADDO 1, 14, 15, 16, 2, 21, 22, 23, 25, 26, 27, 28, 3, 33, 34, 35, 36, 4 T16N, T17N R15W 138.170 NO BID .000 $0.00 $0.00 $0.00 0.0000000 0.0000000


 


1 41718 CADDO 16, 17, 18, 19, 20, 21, 7, 8, 9 T14N R16W 13.710 NO BID .000 $0.00 $0.00 $0.00 0.0000000 0.0000000


 


 1 41720 DE SOTO 10, 11, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 7, 8, 9 T12N R13W 25.770 NO BID .000 $0.00 $0.00 $0.00 0.0000000 0.0000000


 

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Oil & Gas ProPermalink Reply by The_Baron on November 10, 2010 at 4:49
Notice Matadors duel bids?

They are trying to get a lower royalty, but not succeding.

Thats a lot of cash to tie up each month (bids must be submitted with the full cash payment by certified funds)

Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on November 10, 2010 at 5:05
Yes, I did. Matador is taking these leases in sections under HA unit order to other operators. Operators don't usually take kindly to block busters. Any idea who Paramount and HUE E. P. might have been bidding on behalf of?

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