Angelina County Shalers:

Update on New Mineral Leasing - Black Stone Energy (Minerals) has leased 878 acres from the Texas Osage Royalty Pool (old Owens Illinois tracts) in the Caleb Holloway Survey (A-314). These tracts are located near FM 842 and east of the Moffitt area. They have leased two other tracts recently in the same vicinity. Black Stone is joint ventured with EOG Resources and several other partners in this area. Not sure what to make of the new leasing, but it may be related development of future units as a westward "step-out" from EOG's Sarge Unit.

Cortez Resource Partners, a relatively new private equity firm specializing in acquiring / selling mineral leases in neglected development areas, has leased several large tracts from the Angelina Lumber Company heirs (ACLCO Agency, Henderson Family, and others) in both Nacogdoches and north Angelina Counties. Both EOG / Blackstone and Goodrich Petroleum have very recently released (terminated) their interests in these tracts. I'm unsure whether these tracts were top leased by Cortez.

Tags: Angelina, leasing

Views: 1629

Replies to This Discussion

Thank you!

Does anyone have any information on basic lease terms (bonus, royalty) negotiated by the lessors in either the Black Stone or Cortez transactions?

RSS

Support GoHaynesvilleShale.com

Blog Posts

History of GoHaynesvilleShale

The History of GoHaynesvilleShale.com

GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…

Continue

Posted by Keith Mauck (Site Publisher) on May 21, 2025 at 6:00

Not a member? Get our email.

Groups



© 2025   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service