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Permalink Reply by Skip Peel - Mineral Consultant on February 23, 2012 at 17:14

I'm not familiar with the company, J. B.  They are registered with the Secretary of State.  They're probably a broker.

Name	Type	City	Status
CHAUVIN OIL & GAS, LLC	Limited Liability Company	MONROE	Active

Business:	CHAUVIN OIL & GAS, LLC
Charter Number:	40074831 K
Registration Date:	12/17/2009

Domicile Address
	2006 ROSELAWN AVENUE
	MONROE, LA 71201

Mailing Address
	2006 ROSELAWN AVENUE
	MONROE, LA 71201

Status
Status:	Active
Annual Report Status:	In Good Standing
File Date:	12/17/2009
Last Report Filed:	2/22/2012
Type:	Limited Liability Company

Registered Agent(s)

Agent: JACK W HOLMES Address 1: 2006 ROSELAWN AVENUE City, State, Zip: MONROE, LA 71201 Appointment Date: 12/17/2009

Officer(s)

Additional Officers: No

Officer: JACK W HOLMES Title: Manager Address 1: 2006 ROSELAWN AVENUE City, State, Zip: MONROE, LA 71201

Officer:	JAMES E HOLMES IV
Title:	Manager, Member
Address 1:	16631 VANCE JACKSON
Address 2:	APT 11322
City, State, Zip:	SAN ANTONIO, TX 78257

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Permalink Reply by J B Nabors on February 23, 2012 at 17:19

Thank You, Skip.

I have advised my friends to try and find out what is being offered -- without making any commitment to sell.    It would be nice info to have when/if they enter lease negotiations. 

I figure on a worst-case basis, Chauvin could hardly be any lower than Cobra. ;-)

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Permalink Reply by Skip Peel - Mineral Consultant on February 24, 2012 at 2:34

The offer to purchase will have no relevance in the negotiations for lease terms.  Those companies that make purchase offers without specifying an amount have performed little due diligence and are merely fishing for interested sellers with whom they can negotiate.  The operator or land company doing the leasing on their behalf won't be impressed and won't adjust an offer based on any purchase offer whether that offer comes from Cobra or Chauvin.

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