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Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant 10 hours ago

Gale, I've n;ever heard of Lagoon Minerals.  I have dealt with dozens of mineral companies making offers to buy Haynesville Shale mineral rights but there are new ones popping up every day.  Lagoon Minerals does not have a website that I could find to learn a little about the company and it may or may not be registered with the State of Texas.  The Texas Secretary of State now charges to look up a corporate registration but it is only $1.  

You seem to consider this Lagoon offer to be better than those you have received in the past and it may be.  That is somewhat of a red flag that there is public data available that demonstrates an operator's intent to drill new wells.  All mineral companies prefer to acquire minerals before new wells are drilled.  Those wells come on like gang busters but then decline rather quickly.  Now some mineral companies do make offers for minerals in specific locations their funding investor likes when there are no new wells in the pipeline.  Those offers are heavily discounted and may explain why your prior offers were lower than the one you have now from Lagoon.

I suggest that you read through this prior discussion thread and ask any questions you may have.

https://gohaynesvilleshale.com/forum/topics/seller-beware-1

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landownerPermalink Reply by Alan Herrington 2 hours ago

https://www.bizapedia.com/tx/lagoon-minerals-llc.html

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Permalink Reply by Gale 1 hour ago

Alan the link,will not open 😂

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Oil & Gas ProPermalink Reply by Rock Man 1 hour ago

I just opened it

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