Replies to This Discussion

Permalink Reply by Scott Deupree on January 5, 2013 at 17:26

Any opinions if this relates to APC play north of here?

Permalink Reply by Beorn on January 7, 2013 at 4:23

I'm in section 24 of Caddo 19N, 15W and have not received any offers or contact.

Permalink Reply by Skip Peel - Mineral Consultant on January 7, 2013 at 5:27

AX Energy is a recently formed corporation out of Lafayette, home of many land companies.  This is the first mention of them in the Anadarko (APC) Haynesville lease area of which I am aware.  The base lease offer in this area is $500 per net mineral acre and a 9/40ths. (22.5%) royalty.  I suggest that mineral owners not accept less.  I also remind them that the bonus and royalty though important are just a portion of the lease terms.  Standard horizontal and vertical Pugh clauses should be included as a minimum.  Additional beneficial lease clauses will be a function of location and size of mineral interest.

AX ENERGY, LLC

Limited Liability Company

LAFAYETTE

Active

Previous Names

Business:	AX ENERGY, LLC
Charter Number:	40990599K
Registration Date:	11/8/2012

Domicile Address
	100 DOUBLOON DR
	LAFAYETTE, LA 70508

Mailing Address
	C/O C. ANN PELTIER
	100 DOUBLOON DR
	LAFAYETTE, LA 70508

Status
Status:	Active
Annual Report Status:	In Good Standing
File Date:	11/8/2012
Last Report Filed:	N/A
Type:	Limited Liability Company

Registered Agent(s)

Agent: C. ANN PELTIER Address 1: 100 DOUBLOON DR City, State, Zip: LAFAYETTE, LA 70508 Appointment Date: 11/8/2012

Officer(s)

Additional Officers: No

Officer: C. ANN PELTIER Title: Member Address 1: 100 DOUBLOON DR City, State, Zip: LAFAYETTE, LA 70508

Permalink Reply by Scott Deupree on January 11, 2013 at 13:44

We need to say our prayers that these risk takers in northerly tracts are very successful!

Permalink Reply by robert on April 27, 2013 at 6:30

Hi everyone, I have minerals in S 17 T 18N R 15W in Caddo near Blanchard. I was just offered $500 and 20% to lease. Anyone else in this area had offers? Trying to get a feel for market value. Thx, Robert

Permalink Reply by rhonda on April 29, 2013 at 3:35

I just got a message on my phone from a guy from AX Energy.  Waiting for him to call me back.  Will post any info.

Permalink Reply by Skip Peel - Mineral Consultant on April 29, 2013 at 4:33

rhonda, please share your general location.  Section-township-range would be helpful.

Permalink Reply by rhonda on April 30, 2013 at 12:50

T18N R15W 

Permalink Reply by Skip Peel - Mineral Consultant on April 30, 2013 at 12:59

Thanks, rhonda.  I'm sure members in the Blanchard area will appreciate the heads up.

Permalink Reply by robert on April 30, 2013 at 6:42

Ax just upped offer to $500 and 22 1/2 %
S 17 T 18N R 15W

Permalink Reply by rhonda on May 1, 2013 at 10:17

Yesterday I saw an April 2013 offer in the database for $850 and 24% but it didn't say what part of Caddo.

Permalink Reply by Skip Peel - Mineral Consultant on May 1, 2013 at 10:42

rhonda, if there is a tract in the April auction for $850 and 24%, I failed to find it.  Can you give me the tract number.  Tract 43186 in the April 2013 state mineral auction received a bid of $1000 per acre and a 25% royalty from Classic Petroleum bidding on behalf of Chesapeake.  The tract is in S34-17N-14W, inside city limits near the regional airport.  However that tract and that bid are not associated with the Anadarko liquids play emerging in north Caddo Parish. 

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