Replies to This Discussion

Permalink Reply by BirdDawg, plain ole' idiot on December 13, 2008 at 16:05

I think maybe Natchitoches Parish may be the main place this is unknown. I'm selling land there now and reserving minerals. Do I no if I am am going to get any money off of my minerals? No, I am just rolling the dice.

Permalink Reply by The_Baron on December 13, 2008 at 16:10

It never hurts to keep the minerals. Unless it tanks the deal or reduces the sales price to the point its not worth selling the land anyway.

Permalink Reply by Skip Peel - Mineral Consultant on December 13, 2008 at 16:11

BDsri. I have a friend who owns a reality co. in Natchitoches and has called about mineral values in regard to real estate transactions. Obviously some down there know. Hope the property you sold was in far NW. Natchitioches parish.

Permalink Reply by BirdDawg, plain ole' idiot on December 13, 2008 at 16:26

Skip,
No, on the west side of Black Lake. But please realize, one way I make money is selling land. I have no problem making a decision about whether to sell land or how much to ask for it. I never sell the minerals. I set my price and I am happy for it. I buy land to make money. Sometimes I make money on the minerals too, sometimes I don't. But I make my deal, and I don't ever look back.

Permalink Reply by Skip Peel - Mineral Consultant on December 13, 2008 at 16:30

I like the Black Lake area. Did you know Bill Baker? Ran a couple of fishing tournaments on Black Lake back in the day. Do you know if the catfish restaurant on the lake is still open?

Permalink Reply by BirdDawg, plain ole' idiot on December 13, 2008 at 16:47

Skip,
You bet I knew Billy Baker well. Did a lot of surveying for him while he was an attorney. Once flew to an Astros VS Cardinals game in Houston on his old twin engine plane. Very bad weather, that was a hell of a ride. had a hard time explaining to my wife why it took two days to get home. Blamed it on the weather. Still think that area has some O&G potential. Basing that on some deep test drilled by CHK a couple of years ago that have not been P&A. East of Black Lake.

Permalink Reply by BirdDawg, plain ole' idiot on December 13, 2008 at 16:53

Skip,
I own some property on Black Lake now. I love it there. The real estate market is great down there right now. Unlike most areas. Our property is selling great. We are keeping a lot and buiding us a camp to keep. I love it down there.

Permalink Reply by The_Baron on December 13, 2008 at 17:01

Good fishing with no hurricane storm surge. Good selling point.

Permalink Reply by Skip Peel - Mineral Consultant on December 13, 2008 at 17:02

BDsrI. You are a lucky man. I was a frat brother of "Country Will" Baker at LSU. How bout that catfish restaurant. Just thinkin bout it sets my mouth to waterin'.

Permalink Reply by BirdDawg, plain ole' idiot on December 14, 2008 at 3:37

Skip,
I don't think there is a restaurant actually on the lake now. But the Sea and Sirloin (a mile or two south of the lake) is a great place to eat.

Permalink Reply by Skip Peel - Mineral Consultant on December 14, 2008 at 3:40

Yeah, that must be the one I was thinking of. I have not been in that neck of the woods in a long time.

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