Replies to This Discussion

Permalink Reply by RJ on August 13, 2008 at 13:02

Where is section 1 near?

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Permalink Reply by walter on August 13, 2008 at 14:27

Pines RD and Jefferson Rd

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Permalink Reply by RAY on August 14, 2008 at 19:04

"Twilight Meadows" subdivision off Jefferson Paige Rd.
signed as a group for $17,500 / 25% ..Twin Cities

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Permalink Reply by Grice on August 13, 2008 at 15:01

Are you sure your HOA owns the mineral rights? The reason I ask, its seems that the area has already been leased. Here is the information I gathered....

Lease Sale Date: 08/13/2008
TRACT KIND
2 - INLAND
ADV TRACT NUM
40011
PARISH, TOWNSHIP& RANGE, AREA& BLOCK
CADDO 1, 10, 11, 12, 13, 14, 15, 18, 2, 22, 23, 3, 34, 4, 6, 7 T17N, T18N R14W, 15W
TRACT ACREAGE
266
LEASE NUM
19751
BIDDER NAME
B H PETROLEUM, INC.
BID ACREAGE
266
LEASED ACRES
266
BONUS LEASED
$6,650,000.00
PRICE PER ACRE
$25,000.00
RENTAL
$3,325,000.00
OIL ROYALTY
0.25
GAS ROYALTY
0.25



Lease Num - 19751
Original Lessee - B H PETROLEUM, INC.
Lease Eff Date - 8/13/2008
Sale Date - 8/13/2008
Tract Num - 40011
Range Id - R15W
Section Id - 1
Township Id - T17N

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Permalink Reply by J. A. on August 13, 2008 at 15:15

grice where do you find that info from? I have prop. near there.

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Permalink Reply by Grice on August 13, 2008 at 15:50

I used SONRIS Interactive Map to locate the property. I then found the tract number related to the property. Armed with the tract number, I used SONRIS lite (Minerals / View Tract Bids) to locate the sale date. Still using SONRIS lite (Minerals / Lease Sale and tract History) to determine which TAS the lease covered.

There is probably a faster, better way of doing things, but I am learning as I go.

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Permalink Reply by walter on August 13, 2008 at 15:22

yes we have not leased our property and i do have my mineral rights and i have not signed a lease and nor has most of my hoa members.

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Permalink Reply by bullbayou on August 13, 2008 at 17:12

Walter, whatever Grice is saying does not apply to your property. He is referring to some lease bid. So don't worry.

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Permalink Reply by Grice on August 13, 2008 at 17:24

Like I stated earlier, I am learning as I go. If I am misreading the information, please forgive me.

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Permalink Reply by po boy on August 13, 2008 at 17:35

Could possibly be one of the parish offerings?

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Permalink Reply by The_Baron on August 14, 2008 at 7:17

With so many sections and the relativly small acreage its probally all street right of ways.

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Permalink Reply by blobue on August 14, 2008 at 8:32

I have one acre of lake front property off of South Lakeshore Dr in Section 1, and have yet to be approached by anyone. Does anyone know if landmen are working in this section (T17N R15W Section 1)?

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