Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant on March 23, 2010 at 16:16

I have been checking the Caddo Clerk of Court records for a conveyance document confirming that Chesapeake had found a buyer for the N. Caddo leasehold they offered for sale with offers due February 6. I expected that if there was interest by a company willing to take leases with short remaining terms, it would happen relatively quickly. As It has not maybe Chesapeake decided that this section was worth drilling. Unexpected good news for Section 10. I hope we see a well permit soon.

Permalink Reply by Cathaus on March 23, 2010 at 18:26

We have received 2 letters from Chesapeake lawyers informing us of thier intentions to file an application for our area. Good news for us red-headed step children!

Permalink Reply by Skip Peel - Mineral Consultant on March 24, 2010 at 1:13

Congrats, Cathaus. Can you tell us what s-t-r's are covered by your letters?

Permalink Reply by Cathaus on March 24, 2010 at 4:56

Skip, we are in section 10 of 18N-15W. All of the landowners in surrounding sections also received the letters but the application is for section 10 only at this time. This is encouraging to the Blanchard area. Now we will keep our fingers crossed!

Permalink Reply by Skip Peel - Mineral Consultant on March 24, 2010 at 5:05

Yes, the IP list includes those within 1000' of the boundary of the proposed unit. I was hoping that there was an application in the pipeline for another section. As Jay has stated in the past, this area between Cross Lake and Blanchard has shale characteristics that are better than the remainder of the Longwood Field area. The Tellus well on the north shore of Cross established that and CHK had an interest in that well if I recall correctly.

Permalink Reply by N2 C C on April 7, 2010 at 9:20

I have property in Section 9 and did not recieve anything.

Permalink Reply by N2 C C on April 7, 2010 at 9:22

I am probably more than a 1,000 ft from the section line.

Permalink Reply by Skip Peel - Mineral Consultant on April 7, 2010 at 9:30

The IP (Interesed Party) lists quite often have address mistakes and old information. They are notoriously inaccurate. It's either a mistake or you are more than 1000' from the proposed unit boundary.

Permalink Reply by S.H.M. on March 24, 2010 at 3:40

Congrats!! Yes, that is good news.

Permalink Reply by RAY on March 24, 2010 at 11:53

for some of us who still dont understand the S-T-R,what are some of the real boundaries of section 10 ??.....

Permalink Reply by Skip Peel - Mineral Consultant on March 24, 2010 at 12:09

Ray, Section 10 is a square mile with the intersection of the Blanchard-Furrh Rd. and Bickham Rd. at it's approximate center.