Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant on February 22, 2012 at 10:09

Generally speaking (without knowing the other terms of the lease), it's a good offer.

Permalink Reply by Columbia1 on February 22, 2012 at 11:17

Was the lease north or south of La 112?

Permalink Reply by charles gaiennie on February 22, 2012 at 15:27

South of 112 and just south and adjoing 167, between 71 and 167, in Deceember I leased 300 acs west of I-49 and north of 112 for 5yrs $300, $25% royalty.  Indigo is talking to land owners along Hwy 165 around Woodworth I think same price this would be North of 112.

Permalink Reply by Hydrocarbonite on February 23, 2012 at 10:10

Hey skip, any possibilities they may go south on 167 toward Evangeline parish? Midstates petroleum has lots of acres around my interest in central Evangeline in the Wilcox play. Hoping another player comes to town interested in the AUSTIN CHALK....thx, Shawn

Permalink Reply by Skip Peel - Mineral Consultant on February 23, 2012 at 11:10

I just don't know.  Sorry.

Permalink Reply by Joe Aldridge on March 7, 2012 at 2:31

Samuel,

According to rumor, Midstates has picked up the acreage in the area between Zachary and Port Hudson around the Plains. That's the acreage that Pryme tried to do the deep Tusc project they called the Atocaha on. This well will be an Austin Chalk well and will be drilling before the end of the year. At least that's the rumor from a land owner in the area. So, if they have good luck with this one they may get interested in doing something in your area in AC on the acreage that they already have under lease.

Permalink Reply by Craig Wascom on March 7, 2012 at 4:27

It will be interesting to see what others can do with the chalk.

Permalink Reply by CenturyMan on March 6, 2012 at 13:10

I noticed a rig today on the old Monroe well site West of Glenmora (Masters Creek Field).  Does anyone have any information about this?

Permalink Reply by Darrell Blanchard on March 8, 2012 at 16:51

Not sure if this is the same location, but saw a Patterson UTI rig# 215 up on Melder Rd. yesterday. Probably about 4 - 5 miles NW of Glenmora.   Where is the old Monroe well site located?

Permalink Reply by charles gaiennie on March 9, 2012 at 13:58

Darrell, Between McNary and Carls Catfish Kitchen, So side of HWY, not the same location but interesting

Permalink Reply by CenturyMan on March 9, 2012 at 16:22

Perhaps I made a mistake calling it the Monroe well site.  The rig that I saw was likely the same one that you saw Darrell; (on the Melder Rd.).  I thought that was the Monroe well; knowing that it is on or adjacent to lands owned by the Monroes.

Permalink Reply by jeff on March 14, 2012 at 12:22

Addison Oil is trying a reentry according to gossip.  They reentered the Monroe 1-a off of Boy scout Rd. last year and initially had 8000psi shut in. It was also flowing 3.1 MMCFD and 700+-. Have heard thru the rumor mill that the production has fallen to nothing. Just rumor. I haven't been back out lately. Again according to rumor it was a very expensive reentry. I hope the bad news is just rumor.

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