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Permalink Reply by Skip Peel - Mineral Consultant 21 hours ago

Carol, Expand almost never leases themselves.  They hire land companies like Tall Pines.  Expand and all major O&G companies do not employ enough corporate landmen to handle large leasing efforts.  It's enough that you know that if you lease to Tall Pines Expand is highly likely to be drilling the wells that include your minerals.  If you lease to GEPH II, they will likely drill your wells.  I say likely because operators often swap leases because they prefer to drill their own operated units as opposed to being a non-op working interest in wells drilled by some other company.

Your area is a major step out from the currently defined Haynesville Shale fairway.  And it is good to have both Expand and GEPH II competing for your lease.  Competition always benefits the mineral owner.  Take your time, get experienced help and make the best lease you can.  You and your heirs will live with it for the next thirty years.  Good luck.

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Permalink Reply by Carol Hart 13 hours ago

Thanks Skip. I just happen to have a relative that is a lawyer in the gas and oil business and he is currently looking over the lease thus I will get his feedback asap with any suggestions on changes or red flags nice bonus offered too

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Permalink Reply by Skip Peel - Mineral Consultant 8 hours ago

You're welcome, Carol. Good luck.

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Permalink Reply by Skip Peel - Mineral Consultant 8 hours ago

Carol, if you are looking for feedback from other Natchitoches mineral owners or would care to share what you are learning, I suggest that you post a discussion in the Natchitoches Group.  When we are dealing with location specific issues, the groups are the best place to get and to share information.  Here is a link to the group below. You would have to join the group to be able to post a discussion.  When someone replies in a discussion or chooses to "follow" the discussion they will get an email letting them know each time someone replies in that discussion thread.  It works quite well.

https://gohaynesvilleshale.com/group/natchitochesparishnetwork

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