What are "they" looking for in Miller County?

Would be interested to know y'all thoughts/opinions on what "they" would be looking for in the Miller County (AR) area...Cass County, NW LA & most of the ARK/LA stateline to the east of Miller County are all very active but it seems each area has a different target.

Replies to This Discussion

Oil & Gas ProPermalink Reply by Chester Fairfield on June 13, 2012 at 3:52

What was the offer?

landownerPermalink Reply by Rebecca Lane on June 13, 2012 at 4:16

same bonus $100/acre and royalty 3/16 but one wants 4/3 and the other 3/2. Initially one wanted only 8-10K depths and willing to exclude the "haynesville shale" (their words); but when the lease arrived they had added a clause regarding the haynesville shale/sand (again their words) and they wanted all depths. The other company wanted all depths.

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