As the Smackover (SMK) Lithium (Li) play picks up steam we need to acknowledge that from regulatory and legal standpoints, there will be significant differences between the play in South Arkansas and in East Texas.  Very soon we expect to know more about royalty provisions and regulatory guidelines.  From past experience with dissimilarities between Texas and Louisiana mineral laws and regulatory statutes governing the Haynesville Shale, we hope to limit confusion and make it easier to access the information that will be pertinent to land and mineral owners.

In order to help members and quests to the website and to avoid confusion, we will start two new discussions, one for Texas and one for Arkansas.  There is an abundance of information in the original SMK Lithium discussion threads and members may want to click on them and then save them to their computer bookmarks/favorites to be able to access them in the future as they will eventually rotate off the main page.  After 24 hours, comments in those discussions will be closed but the replies will remain available in the website archive.   Archived discussions are available by using the search box in the upper right corner of all website pages.

GoHaynesvilleShale.com was one of the first resources for mineral owners to learn basics, share information and generally provide a place where mineral owners could become more informed managers of their mineral assets in the age of the Internet.  The website is pleased to continue to provide those services to those who will benefit from the SMK Lithium Play.  Please keep in mind two things.  You are a key part of the on the ground intelligence network by letting your friends and neighbors know about GoHaynesvilleShale.com and encouraging them to participate in site discussions.  And since GoHaynesvilleShale.com is free for all to use, please consider a donation to help keep the website online.

https://gohaynesvilleshale.com/donate

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Pantera Minerals acquires more Lafayette County brine acreage

magnoliareporter.com  4/17/2024

Pantera Minerals Limited has added more than 1,500 leased acres to its lithium brine project in Lafayette County.

The Perth, Australia company said the expansion continues to bolster Pantera’s Lithium Brine Project, elevating its total acreage to 18,570 net acres, an increase of 9%.

Negotiations are currently under way for significant additional acres.

The Pantera Lithium Brine Project has established a conceptual Exploration Target4 ranging from 436,000 to 2,966,000 tonnes of contained Lithium Carbonate Equivalent (“LCE”) within the project’s 50,000-acre Exclusive Abstract Area, which houses the Superbird Project.

The estimate is based on lithium concentrations ranging between 225 mg/L and 450 mg/L with a median value of 338mg/L, showcasing the potential world-class scale of the project.

The Exploration Target’s potential quantity and grade is conceptual in nature, there has been insufficient exploration to estimate a JORC compliant Mineral Resource, and it is uncertain if further exploration will result in the estimation of a such a resource.

The Project now covers a land position of 18,570 net leased acres of lithium brine prospective ground in the Smackover Formation Arkansas, a known high grade lithium brine formation.

The Project has established a conceptual Exploration Target ranging from 436,000 to 2,966,000 tonnes of contained LCE within the project’s 50,000-acre Exclusive Abstract Area, which houses the Superbird Project.

CLICK HERE to read more Lafayette News on our website. Tell your fr....

Email us at news@magnoliareporter.com

Oil and Gas: New lithium well in Lafayette County

magnoliareporter.com  4/18/2024

Lithium, oil and gas drilling activity was reported last week to the Arkansas Oil and Gas Commission.

Drilling Permit

Saltwerx LLC of Spring, TX is the operator and Nabors is the contractor for the Poppy No. 1 lithium brine

well, 729 feet FSL and 1,604 feet FEL in Section 11-18S-25W in a wildcat field in Lafayette County. Permit

depth is to 10,500 feet. Work began April 12.

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