Replies to This Discussion

Permalink Reply by Count of Monte Cristo on July 18, 2008 at 5:20

That's probably just wishful thinking on your part. I don't know Mr. Kinnon or how generous he may or may not be, but he's already built that subdivision. So adding more amenities to the subdivision will not increase his ROI on Lakewood that much. Not to mention, if Obama wins, all the "evil" rich people who make more than 250k are gonna get absolutely hammered by taxes.

Permalink Reply by Rob on July 18, 2008 at 9:36

So Count, you are not voting for Obama right?

Of course I am not either, but only because, as I was informed through an email this morning, if you add a g to his name it spells Go Bama.... No chance I am voting for A Bama....

Permalink Reply by Count of Monte Cristo on July 18, 2008 at 9:39

Hell no i'm not voting for Obama. Heck, I'm gonna have to hold my nose voting for McCain. I'll probably only agree with him about 55% of the time. If McCain would sign cap and trade as president, i will remove any tacit support I had for him. It will truly be the death knell of the American economy as developing countries like India and China will never sign onto a cap and trade agreement. The best that we can hope for is that McCain is able to "stem the tide" of socialism for 4 years, and then maybe we could get a true conservative like John Thune or Bobby Jindal to run for President in 2012.

Permalink Reply by chuck on July 18, 2008 at 7:00

is there any group of lakewood landowners w/ their mineral rights who have thought about joining with rosedale or brownlee groups? strength in numbers...................

Permalink Reply by Rob on July 18, 2008 at 7:56

You are right Chuck, ALL of the neighborhood groups in north bossier need to get together and form an neighborhood association coalition.

This was what regions around Fort Worth have done with the Barnette Shale. By doing this, offers went from 3000-5000 to $20,000 and even more..

The gas companies prefer this too believe it or not! They would rather work with just a few people that represent the coalition, than thousands of individual home owners. It is really a win-win situation for all.

You can read about the Fort Worth (Barnette Shales) coalition and it's success on the coalitions website.
http://360nw.info/

Permalink Reply by nicole on July 18, 2008 at 9:33

Can I please get information from someone that attended the Lakewood land owners meeting last night at Airling Baptist Church? I was unable to attend and would like some info. Thanks

Permalink Reply by Joe on July 18, 2008 at 19:26

I got the vibe at the meeting last night that is what the end goal was, maybe a name like NBMRA North Bossier Mineral Rights Association

I read about this very thing in the Barnett web pages, Ive seen post from people from old green acres as far North as just beyond Swan Lake road asking about joining other subdivisions for the proven benefit observed by strength in numbers Barnett and Shreveport for that matter have shown.

Permalink Reply by maryann Bos2 19 on July 18, 2008 at 13:00

I went to the meeting last night at ABC and it was strictly organizational. Another meeting has been scheduled for July 31st at 6:30. The organizers gathered contact information and asked for street volunteers to help distribute information. Someone from Rosedale came and said that they want to join the group. A Cross Creek/Bayou Bend homeowner invited a representative to their meeting next week at Cypress Baptist Church. The "strength in numbers" theme was strong. When a participant stated that she would not support hiring someone to negotiate the deal for 3-4%, the audience clapped loudly. I did learn that Mr. Kennon did not keep all the mineral rights in the new section. One of the builders bought multiple lots and kept the rights, so at least one homeowner in Unit 6 has already received a check for his lease. I guess this is just the start. Should be interesting...

Permalink Reply by Joe on July 18, 2008 at 19:37

There is some consolation for those that did not get their mineral rights when they purchased. The law only allows the previous owner/developer to keep the rights for ten years and even without the mineral rights now your property will appreciate exponentially over those years if, there is near as much gas as the big companies are claiming the wells will yield. I am also reading that one should request their royalties from the well head and not from the pipeline in their leases.

Permalink Reply by Rob on July 19, 2008 at 2:49

Friday (7-18) morning, I went to the Courthouse in Benton and found out that I do own my mineral rights even though I bought my house built in July 2001. I was fairly sure that Ed (the developer) had retained the Mineral rights, as I recall discussing them during the sale. Given the 10 year limit, my initial assumption was that I probably did not own my mineral rights.

There was one unknown and that was when the builder had purchased the lot. Turns out that Ragan Harvill purchased the lot in 1996. It took him 5 years to build on it. Our neighbors were also built by Harvill in 2002. He bought that lot in 1996 also, so they own their rights too.

If you are not sure about your mineral rights, you can find out by going to the Clerk of Courts office at the courthouse in Benton. A person will look up your information for you.