Replies to This Discussion

Permalink Reply by ken hatcher on September 24, 2010 at 9:18

Working No. Sabine...any one else heard from them?

Permalink Reply by koda on September 24, 2010 at 11:24

Kin
I got a letter from this outfit and threw it in file 13. I would have to be crazy to do this i think although there are some people who would do this. I have land in S33, T10N, R11W. I have been trying to find out if the rig has moved in but the is no word on the net. If you know anything about this please let me know. This is permit # 241087

Permalink Reply by ken hatcher on September 24, 2010 at 13:15

Koda, one moved in a couple days ago about two miles west of Pleasant Hill on the highway. May be the one your talking about.

Permalink Reply by koda on September 25, 2010 at 0:29

Ken this one is south of Pleasant Hill toward Many.

Permalink Reply by ken hatcher on September 25, 2010 at 1:54

There are several people that post on here that live over that way, you should get a answer soon.

Permalink Reply by jffree1 on September 25, 2010 at 2:13

Koda, a rig is moving on the SWEPI-Sandra Bryan -33- #1 in 33/10/11 about a mile south of the 175/174 intersection on Hwy 175.

Permalink Reply by J B Nabors on September 25, 2010 at 7:27

You did not say what they were offering. Even if we're not selling, that is "nice-to-know" information. It may provide a base line for area and price/value.

Permalink Reply by ken hatcher on September 25, 2010 at 10:07

The best I could tell it was $1500.00 P/A for half interest.

Permalink Reply by Two Dogs, Pirate on September 25, 2010 at 11:45

JB that sounds like a pretty shi*ty base line to me.

Permalink Reply by koda on September 25, 2010 at 14:19

jffree thanks for the info. I will have to drive over there and see that.

Ken that is what i understand they want to give. If they would make that $1,500,000.00P/A it might be worth thinking about. Six to eight well's per section over a 20 to 30 years and gas prices going up could make this insteresting.

Permalink Reply by BirdDawg, plain ole' idiot on September 25, 2010 at 16:13

Koda,
Did you just say one and one half million per acre? And that may make it worth thinking about?
Wow. I certainly do not encourage anyone to sell minerals, but that is ridiculous.
What if you are leading other people to think that their minerals are worth that much?
That would be VERY BAD ADVICE.
Actually it would be the most ridiculous thing I have ever heard.
6 to 8 wells per section, or 50 wells per section. $1,500,000 per acre is stupid.

Permalink Reply by ken hatcher on September 26, 2010 at 0:36

Probably just a facetious statement.

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