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Permalink Reply by Skip Peel - Mineral Consultant on July 17, 2014 at 7:57

Katie,  currently there are 3 Cotton Valley permits in the field for Indigo and 3 Haynesville Shale permits for Chesapeake.  All these wells are alternate unit wells.  This means that there is at least one prior well in the section/unit.  Haynesville units may have a unit well and up to 7 alternate unit wells.  Yes, all the mineral owners in the unit get paid for any and all unit wells in their section/unit.  You may find more information and will certainly have more members see your discussion if you post it in the South Caddo Group.  Also please read Keith's How To Participate discussion.

http://www.gohaynesvilleshale.com/group/southcaddoparishgroup

http://www.gohaynesvilleshale.com/forum/topics/how-to-participate-o...

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Permalink Reply by Katie Waterson on July 17, 2014 at 8:20

Thank you Skip!

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Permalink Reply by Katie Waterson on July 17, 2014 at 8:31

Thanks, Jay.  Ours is, too, and I believe the current unit well is on our property.  Any timeframe been talked about?

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Permalink Reply by john goodday on July 18, 2014 at 2:43

Would you have any knowledge for BEUSA and their operations in T13N-R15W ? It's difficult trying to locate any information on their plans .

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Permalink Reply by Skip Peel - Mineral Consultant on July 18, 2014 at 2:53

john, BEUSA hasn't drilled a well in LA since a completion in early 2012.  Since most of their leasehold has producing wells there is no compelling reason to drill in 13N-15W or anywhere else at this time.  BEUSA has no alternate unit wells so they are sitting on a good inventory of proven locations.  My bet would be a sale of their Haynesville inventory to a larger operator in the future when NG prices are improved.  As BEUSA is a privately held company it would be difficult to find much useful information in the public domain.

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