Has anyone heard of Dale Resources, LLC

I received a letter today from Dale Resources, out of Dallas, expressing an interest in buying my mineral interests in Claiborne Parish, LA.  Their website is at www.dale-energy.com. I have zero interest in selling my minerals, which are located in the AR/LA state line area, but  am curious if anyone knows anything about this company. They didn't discuss money, but said they were prepared to make a "very competitive" offer. Their website indicates they are interested in several O&G plays in CO, ND, PA, TX, AR, OK, and LA.

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Permalink Reply by Ned Ludd on February 17, 2011 at 20:33

Owned by Larry Dale, who has made several fortunes in various plays over the years.  Most of his notoriety has been as a leasing agent on behalf of Chesapeake in the portions of shale plays underlying urban areas.

Presumably, his technical team has advised him that there is something interesting going on under your tract.  You should ask them why they are interested and see what they say.  It may be useful information for you and other mineral owners on the site.

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