DOES ANYONE KNOW WHAT IS GOING ON? LETTER FROM TWIN CITIES.

I RECEIVED LAST WEEK A LETTER FROM TWIN CITIES STATING THAT AS THERE WAS SUCH A DROP IN GAS PRICES AND THE ECONOMY WAS BAD THAT THEY WERE RESCINDING ANY AGREEMENTS MADE FOR ANY LEASING IN THE AREA. TO QUOTE IT SAID "DUE TO THE GLOBAL ECONOMIC CRISIS IN THE PAST FEW WEEKS COUPLED WITH A DRASTIC DROP IN NATURAL GAS PRICES OVER THE LAST 90 DAYS EFFECTIVE IMMEDIATELY ALL OFFERS FROM TWIN CITIES TO ENTER INTO AN OIL,GAS OR MINERAL LEASE FOR YOUR PROPERTY ARE HEREBY REVOKED, WITHDRAWN AND RESCINDED AND ARE OF NO FORCE OR EFFECT." I ALSO READ IN THE SHREVEPORT TIMES THIS MORNING THAT THE SHALE CORE IS NOT UNDER THE CITY BUT OUTSIDE CITY LIMITS. WHAT HAPPENED TO PEOPLE WHO SOLD THEIR LEASING RIGHTS TO ATTORNEY'S AND GOT MONEY? DOES THAT MEAN THAT JUST GOT LUCKY AND WE WILL NOT HAVE ANY DRILLING WITHIN THE CITY LIMITS.? THERE HAS BEEN SO MUCH HYPE ABOUT ALL THIS I AM CONFUSED. AS A MATTER OF FACT I NEVER GOT ANY OFFERS AT ALL, THAT WHAT MAKES GETTING THIS LETTER SO ODD. WHY WOULD THEY SEND A LETTER TO YOU IF YOU DID NOT GET ANY OFFERS? DOES ANYONE KNOW WHAT IS GOING ON?

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GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…

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Posted by Keith Mauck (Site Publisher) on May 21, 2025 at 6:00

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