Replies to This Discussion

Permalink Reply by Chris on September 16, 2015 at 7:39

That is fairly ignorant from someone with so much experience.  Many of the leasing agents are working for brokerages contracted directly by the E&P Co.  There are some speculators, but if the lease is fair and the terms are agreeable the lessor doesn't have any control of who owns the lease or how much money the lessee makes on the lease, with an operator or a flipper. Is it preferable to lease directly with the operator? Sure! Unless, you own significant acreage they generally do not want to deal with you directly. That is what they pay brokers for. As far as the leasing agent giving you a lease in the E&P Co.'s name, Why? How does that benefit you? 

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Permalink Reply by tc on September 16, 2015 at 11:18

After the wave of BKs and M&A that will happen over the next 12 months, I think some people are going to be disappoint in their plans of controlling their lease or operator.

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Permalink Reply by Skip Peel - Mineral Consultant on September 16, 2015 at 15:01

As far as I can tell neither WRM nor MRD should have any problem with BK.  Either might make an attractive acquisition for the right company.

Permalink Reply by Gary Rainey on September 16, 2015 at 7:46

Lee, you are incorrect. They are still leasing in their major area of interest in Lincoln Parish, and paying good money for those leases. And no, quite a few mineral/royalty buyers are still working in the area.

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