Ray - I'm pretty sure the State of LA owns the minerals under Cross Lake, Sport, just owns the water rights... Has S'port offered public property around Cross Lake for lease yet? (Like the Airport!)
I'm most interested to hear what's happening between S'port Country Club and Greenwood-Wascom field. There are several HS wells permitted w/i that field. Hopefully that will help those between I-20 and Cross Lake
the airport was leased a couple of yrs ago...$3 per acre.
but now they[ some agency] have leased the mineral rights to Cross Lake.......no drilling on the lake itself....so surrounding
land will probably be used for drilling pads.
Yes, an offer was made last week by a landman out of OK for 18,000 per acre. Hope nobody let him have it that cheap. You know all he is doing is trying to flip it.
HI ALL, I HAVE BEEN OFFERED 4OOO PER ACRE W 25% ROYALTIES. I KNOW MY AREA IS FORCE POOLED. HOW LONG IS IT SAFE TO HOLD OUT BEFORE I GET NOTHING? I AM IN HALL SUMMIT LOCATED IN RED RIVER PARISH.
I'M not familiar at all with these wells. Could you offer a little insight? Where located in S. Caddo? mcfd? Are they listed in SONRIS as completed? Thanks for your help.---doughboy