XTO Going Deep In Southern Haynesville Shale In Texas
From oilvoice.com Posted by Jurassic Exploration Inc. on April 29, 2010
"XTO is moving further south into the Texas side of the Haynesville Shale play more and more as time goes on. I look for XTO to farmout or purchase leaseholds outright from others that have not yet developed their acreage position in Northern Sabine and San Augustine counties. It appears that ExxonMobile believes the reserves are great in this southern part of the play to let them continue to drill as much as they are. They probably will ramp up even more in the following months in the southern part of this great play."
"XTO is moving further south into the Texas side of the Haynesville Shale play more and more as time goes on. I look for XTO to farmout or purchase leaseholds outright from others that have not yet developed their acreage position in Northern Sabine and San Augustine counties. It appears that ExxonMobile believes the reserves are great in this southern part of the play to let them continue to drill as much as they are. They probably will ramp up even more in the following months in the southern part of this great play."
Views: 185
Replies to This Discussion
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Permalink Reply by reallyoldguy on -
I think I hear wedding bells...
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Permalink Reply by reallyoldguy on
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Jerry smith: Has any other operator offered you more thatn $300 per acre? If not, there's a reason...
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Permalink Reply by jerry smith on -
Yes i have had a afford for 9500 acre for the lease but there is a another company looking at it for 10500 and i will probably take it. I can wait them out because i don't need the money
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Permalink Reply by reallyoldguy on
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Jerry smith: do you have an OFFER or an AFFORD for your acreage? Big difference. If you have an AFFORD for $9500/acre I certainly would NOT take it. However, if you have an OFFER for $9500/acre I'd jump all over over it.
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Permalink Reply by king john on
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j.r. that could'a been me if it was Saturday or Sunday morning...
not defending JS, but it seems to me i recall him also saying he had several tracts in different states of leasing. i know a fellow who reminds me of a real life JS. if JS's initials were K.C. i am certain i would know him. he is a very unassuming type of character, who ,yes, has several tracts of land in different stages of leasing. i would also add he is a very unsophisticated guy, drives an old work truck, wears old dirty torn overalls and has a bank roll big enough to choke a donkey.
somebody pass the moonshine please!!!
kj
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Permalink Reply by reallyoldguy on
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Jerry Smith: If I may, I'd like to quote one of your previous posts:
jerry smith on January 17, 2010 at 9:48am
"dont sign that lease bonus money should be 15k is what i got with 27 per royalty"
Yet you just stated that you're holding out, have NOT signed a lease w/anyone, because you "dont need the money"...
You DO know that one of the Ten Commandments states " Thou shalt NOT lie"; don't you???
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Permalink Reply by jerry smith on
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It sounds like some body is getting a little upset. Just because i had afford dose not mean i will take it. so this should answer your question's. I don't need the money and i don't care if they ever drill on my property's
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Permalink Reply by reallyoldguy on
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Hardly upset. Actually, I cant stop laughing at you and Cheerleader. Thank you, both, for entertaining GHS members!!!
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Permalink Reply by jerry smith on
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The old guy must be on moonshine are he is really really old are he works for the oil companys
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Permalink Reply by reallyoldguy on
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Jerry Smith: Moonshine? Are you serious? As the COO of Chesapeake Energy I only drink Crown Reserve...
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Permalink Reply by jerry smith on
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I new he is working for a oil company they always want it for nothing. i can hold out and get them at the mouth of the well
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Permalink Reply by reallyoldguy on
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Cheerleader: I have it on good authority that you are located in the New York area. Maybe you should bring those pom poms and backflip on down here to Texas to find out whats REALLY going on. Just sayin'...
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