Les Bamburg's Discussions (5,279)

Discussions Replied To (3698) Replies Latest Activity

"Skidmark, you have to include the bonus in your hypothetical case for an apples to a…"

Les Bamburg replied Jul 18, 2008 to 25% vs. 100% royalties

119 Jun 28, 2010
Reply by Sarah

"Kevin, a minor correction. You can never get 100% "royalties". You can get 100% reve…"

Les Bamburg replied Jul 18, 2008 to 25% vs. 100% royalties

119 Jun 28, 2010
Reply by Sarah

"For wells currently being drilled in the "core" area, 90+% should reach pay-out. Out…"

Les Bamburg replied Jul 18, 2008 to 25% vs. 100% royalties

119 Jun 28, 2010
Reply by Sarah

"SS, I was just commenting about your statement concerning no dry holes in the Barnet…"

Les Bamburg replied Jul 18, 2008 to 25% vs. 100% royalties

119 Jun 28, 2010
Reply by Sarah

"Johnson, initial information indicates the Haynesville Shale quality is very consist…"

Les Bamburg replied Jul 18, 2008 to Forced Pooling

109 Feb 11, 2009
Reply by Dion Warr, CPL

"Har, the sand (propant) is in the water/gel during the fracture treatment. My first…"

Les Bamburg replied Jul 18, 2008 to "Black Gold" on TRU Network at 10 PM Wednesday Night(s).

17 Sep 9, 2008
Reply by Sammie Williams

"DWS, did you identify the names of the specific land-owners to the Commissioner? Did…"

Les Bamburg replied Jul 18, 2008 to J-B Oper. Co. request to "redefine Lower CV Zone 10,030' to 12,100'..."

83 Jul 28, 2008
Reply by Jack B2

"Mit, yes and I reduced my average well cost to $5 million based on the efficiencies…"

Les Bamburg replied Jul 18, 2008 to Forced Pooling

109 Feb 11, 2009
Reply by Dion Warr, CPL

"Johnson, just recognize the Barnett Shale is highly variable in quality. The wells i…"

Les Bamburg replied Jul 18, 2008 to Forced Pooling

109 Feb 11, 2009
Reply by Dion Warr, CPL

"Johnson, the capital cost for the 1st well would be ~ $9,400 per acre. One section t…"

Les Bamburg replied Jul 18, 2008 to Forced Pooling

109 Feb 11, 2009
Reply by Dion Warr, CPL

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Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??

In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of)  nor local residents appear to have received any compensation for the minerals extracted from their land.

This area has suffered immense environmental degradation…

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Posted by Char on May 29, 2025 at 14:42 — 4 Comments

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