Comment

Comment by Drew Carlton on December 8, 2014 at 9:46pm

Recently leased my land on the John D. Windham survey in trinity county. 7 miles south of Leor Forestar #1. It was leased back in 2009 and expired. Is there any new action somewhere?

Comment by adubu on January 23, 2014 at 9:54pm

Ryan--agree with Mike R-- have good attorney assit with writing and review lease-- with 90 acres net mineral it's worth every dollar in fee. Although would request what his fee is up front. The  Bonus depends on what going on in area / your main money in ground and you have to have some one drill it to get the money. Find out who operator is before signing would not sign with some people like CHK, etc  Nice to have90 acres net minerals in a possible producing zone :-) 

Comment by Ryan Mott Oliver on January 22, 2014 at 9:19am

Actually 1/5 correction on royalty. Seeing if fair market value.

Comment by adubu on January 22, 2014 at 5:58am

Ryan Mott Oliver---- is that a typo I hope never seen a lease offer of only 5% royalty if so answer is NO and in today's time no reason to ever give a 5 year term lease the maximum three year with or without two year option . Are you sure it may be 25%

Comment by Ryan Mott Oliver on January 22, 2014 at 12:39am

New Lease Offer
I have been offered $300 per min acres at 5% royalty for 5 yr lease in Lufkin No Option. Is this fair market value for shale?

Comment by Ryan Mott Oliver on March 26, 2013 at 10:39am

Any new drilling or leasing news for Chandler Johnson southern Angelina County? I saw that the national infrastructure is being built by the Chinese which should help jump start things.

Comment by dbob on July 26, 2012 at 6:55pm

Devon applied for a permit for  Jame Lime Horizontal 8 miles NE of Lufkin

Comment by Ryan Mott Oliver on July 7, 2012 at 12:02pm

I heard that where Angelina County thins out there might be some shale play in
Bossier Sand? We had leases in past at Chandler Johnson A-19 with regular oil wells drilled and that shale might be easier to reach than deeper drilling planned in the future when cost effective!!

Comment by Denise on July 7, 2012 at 10:02am

Has anyone in the San Augustine area been approached by XTO regarding leasing?

Comment by jffree1 on December 16, 2010 at 11:08pm

Yes, it is pretty much the same presentation from Nov. and Dec.  I didn't look to see if I had already posted it and I sometimes forget what happened last month... or yesterday, for that matter.

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