3 D Seismic lease
Hello All,
I was recently contacted by an energy firm from Lafayette about leasing our acreage, a little over 100 acres, in south Rapides parish for a seismic shoot. We own the minerals only, not the surface. The lease is for 5 years and only payable if/when the shoot is completed. is this normal? I have an issue with singing something with only a probable payout later. Thanks.
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Replies to This Discussion
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Permalink Reply by Lisa Melder-Johnson on
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If you go into Sonris then GIS, then choose Mineral Resources from Table of Contents, then Non-Exclusive Seismic Permit this will show you outlines of all permit areas on map and if you then choose A then I underneath Non-Exclusive SP it will show you the permit ID under A and some permit details (information) under I. And on the only outlined area west of Glenmora was permitted 2008/2009 by Tideland Geoph Co. and covered Allen, Rapides & Evangeline Parishes. No further info shown. Not sure if this helps.
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Permalink Reply by Skip Peel - Mineral Consultant on -
Very good, Lisa. You taught me something.
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Permalink Reply by Lisa Melder-Johnson on
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Your welcome! Just some good items under the GIS table of contents.
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Permalink Reply by Darrell Blanchard on
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Thank you both, Skip and Lisa.
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