Question for anyone with online access to Bossier Parish records...Has Merit, now Penterra, assigned any of the leases it made a few months back in T22N R12W?
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Permalink Reply by Skip Peel - Mineral Consultant on Penterra has only filed 19 leases since its name change on March 22. It is unlikely that any assignment instruments would be filed this early. It can take many months after the leases are filed in the public record. And after their client has ceased leasing and started drilling.
Permalink Reply by Two Dogs, Pirate on How do you know?
Permalink Reply by Glenn Kadison on O&G attorney who does deals on a regular basis had to have it disclosed on a lease agreement. Penterra is Whiting. I just heard on Tuesday of this week. No kidding.
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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