sec.32 15n 09w. Partial release of mineral leases
I received notice that Questar is relinquishing rights greater than 100ft. below the base of the haynesville shale as found at the Golson 32H #1. Any idea why?
Views: 47
Replies to This Discussion
-
Permalink Reply by HBP on -
Well Jim, Why?
Why proactively do anything in this case? That's not a business decision. Unless there are specific requests from a majority in a section to release these rights. Even then, why release everyone? Im not saying its possible, I'm just saying that I feel there is another reason here.
No business with shareholders proactively divests an asset for free.
-
Permalink Reply by Two Dogs, Pirate on
-
Probably most of the leases had a vertical Pugh Clause, so Questar is just doing the right thing and making the release public.
Support GoHaynesvilleShale.com
Top Content
Blog Posts
The Lithium Connection to Shale Drilling
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
ContinuePosted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40
Not a member? Get our email.
Groups
-
San Augustine, TX
386 members
-
Miller County, Arkansas
27 members
-
Sabine Parish, LA
455 members
-
South Caddo Parish Group
440 members
-
Natchitoches Parish
400 members
-
Bienville Parish, LA
244 members
-
Fayetteville Shale
149 members
-
North Caddo Parish
358 members
-
Central Texas Gas
63 members
-
Cass County, TX
119 members
© 2024 Created by Keith Mauck (Site Publisher).
Powered by
