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Permalink Reply by Skip Peel - Mineral Consultant 13 hours ago

Ed, I've never heard of Teche Exploration or Anthony Juneau Jr.  The address is a residential home in the Broadmoor neighborhood of Shreveport.  Castor is just east of the established Haynesville Shale fairway.  The town of Castor is in Section 25 - 15N-8W.  The only Haynesville wells in that township are in Section 1-12 and 6 so a good distance north/northwest from Castor. The wells in 1 and 6 were drilled by Questar in 2011, now operated by Aethon.  Aethon drilled three HC wells in 1 & 12 in 2021.  I'm unaware of any leasing or development activity close to Castor.  Of course you may be closer to Sections 1&12.  Those wells are holding the leases in force and are about three miles due north of Section 25.  Teche Exploration is not listed as a Louisiana operator and has no wells in that name. I'd request a copy of the proposed lease and ask some questions like what formation the company is interested in and are they leasing for a client that does operate.  Anthony Juneau Jr. could be a landman or a lease speculator.  Here is a link to a recent discussion that I posted.

https://gohaynesvilleshale.com/forum/topics/leasing-alert

TECHE EXPLORATION, LLC

Limited Liability Company

SHREVEPORT

Active

 

Previous Names
Business:	TECHE EXPLORATION, LLC
Charter Number:	36512827K
Registration Date:	8/6/2007

 

Domicile Address
	117 PATTON AVE
	SHREVEPORT, LA 71105

 

Mailing Address
	C/O ANTHONY JUNEAU, JR.
	117 PATTON AVE
	SHREVEPORT, LA 71105

 

Status
Status:	Active
Annual Report Status:	In Good Standing
File Date:	8/6/2007
Last Report Filed:	7/8/2024
Type:	Limited Liability Company

 

Registered Agent(s)

 

Agent: ANTHONY JUNEAU, JR. Address 1: 117 PATTON AVE City, State, Zip: SHREVEPORT, LA 71105 Appointment Date: 5/15/2008

 

Officer(s)

Additional Officers: No

 

Officer: ANTHONY JUNEAU, JR. Title: Manager Address 1: 117 PATTON AVE City, State, Zip: SHREVEPORT, LA 71105

 

https://thedrillings.com/owners/2318144

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Permalink Reply by Skip Peel - Mineral Consultant 12 hours ago

Ed, I suggest that you also post your discussion in the Bienville Parish Group.  Here is a link to the group page.  If you're not already a member, join the group and then you can post. 

https://gohaynesvilleshale.com/group/bienvilleparishnetwork

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Permalink Reply by Ed James 3 hours ago

Thanks so much Skip.  I enjoyed watching your recently posted video interview.  It helps us absentee land owners to know just what is going on over in Louisiana these days. Both parcels of our family property are in 14N- 7W and we have had no interest in leasing either parcel (50 acres total) in many years.  This was the first offer we have seen.  I know we are not in the main area of the Shale play and it appeared to us that we were about 10 -20 miles away from the outer edges of most of the activity and that may be why they are approaching us at this time.  Your explanation makes a lot of sense to me.  We do have an older existing gas pipeline right on the edge of one of our parcels.  Since its not a lot of money ($250 an acre for our 20 acre tract) we may just sit back and wait awhile.  They raised their offer from $200 to $250 in just a couple of weeks so we were wondering what they knew that we did not know. I think I posted this on the Bienville discussion page as well.  Thanks again!!

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Permalink Reply by Skip Peel - Mineral Consultant 55 minutes ago

You're welcome, Ed.  Your minerals are much closer to the defined, producing fairway than 10 -20 miles.  If I knew your section number, I could tell you how close.  I think the lease offer was anticipating a "step out" as Aethon looks to expand their portion of the Haynesville fairway.  You may have read my "leasing alert" discussion.  If so your minerals may be tier two or three Haynesville Shale rock.  The most recent Aethon wells are likely current designs but produced somewhat less than the average well in tier one.  If natural gas prices increase enough, tier two rock will be economic to develop.  I suspect that most of the step out activity will be along the eastern edge of the fairway and I'd like for mineral owners in those townships to be aware that it is a possibility.

I checked the Bienville Parish Group and did not see your discussion.  Use the link I provided, join the group and then you will be able to post a discussion there.  It could very well help other Bienville Parish mineral owners.  Let me know if you need help.  I can cut-and-paste your discussion topic in the Bienville Parish Group for you.

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Permalink Reply by Ed James 10 minutes ago

Thanks Skip.

We are Section 18-T14N-R7W on one tract and Section 23 -T14- R7 on the other. I thought I had the discussion on Bienville parish but I will re-post it there.

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