Encana Lease Offer - Amite County
Oh, how things have changed!!I recently received a forced integration letter on the Powell 10H Unit in sections 3, 10 and 15, T1N-R5E Amite County. This letter offers a lease of 15% royalty interest with a $75 per acre bonus for a 5 year term. In June of 2015 I received the same letter offering 18.75% RI with $200 bonus for a 3 year with 2 year option.
Does $75 per acre with 15% royalty interest actually constitute a "good faith" offer now??? Anyone else receive this offer?
Views: 1614
Replies to This Discussion
-
Permalink Reply by Skip Peel - Mineral Consultant on -
A non-consenting mineral interest does not figure into the NRI as it is not a royalty interest. Yes, the operator would own 100% of the non-consenting party's prorated production until their portion of the well cost is recovered 3 times over. With a 300% risk penalty few TMS wells will ever PO.
- ‹ Previous
- 1
- 2
- Next ›
Support GoHaynesvilleShale.com
Top Content
Blog Posts
History of GoHaynesvilleShale
The History of GoHaynesvilleShale.com
GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…
ContinuePosted by Keith Mauck (Site Publisher) on May 21, 2025 at 6:00
Not a member? Get our email.
Groups
-
Bienville Parish, LA
246 members
-
North Caddo Parish
359 members
-
Cass County, TX
121 members
-
Nacogdoches County
193 members
-
Claiborne Parish
146 members
-
Natchitoches Parish
400 members
-
Rapides Parish
101 members
-
Fayetteville Shale
150 members
-
Harrison County
166 members
-
Franklin County, Texas
9 members
© 2025 Created by Keith Mauck (Site Publisher).
Powered by
