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Comment by Joe Aldridge on September 13, 2011 at 11:46

Hey guys,

There are two wells being planned that I have been told of by land owners in the area. One is in the North corner of EBR/EF on the River at Fancy Point. The other is in the area of Bayou Sara in EF. Both areas are in the State Lease offering that opens tomorrow. I think both sites will be staked in the near future. My understanding is both are Austin Chalk not TMS.

Comment by littleasy on September 13, 2011 at 11:45

GARY L. SALMON is a registered agent for both Basin Properties and Charleston Energy.  No info for HPS Oil and Gas.

Comment by littleasy on September 13, 2011 at 11:07

I don't know who he represents, but have we forgot about the resistive TMS area in the Felicianas?

Comment by Two Dogs, Pirate on September 13, 2011 at 11:07

He uses several different company names when buying leases.

Comment by Steve on September 13, 2011 at 10:55

Isn't Gary Salmon associated with Charleston Energy? They have been in and out of W. Fel. leasing since 2008. Could they be leasing for Anadarko now? Could the landowners be getting misleading information?

Comment by Steve on September 13, 2011 at 10:34

They are working the area around St. Francisville (near Camp Marydale at least) and are leasing small acreage too. Offering $200 per acres bonus on 3 year lease with 2 year option and 1/5 royalty, so it sounds like to me they are not just brokers speculating. Anadarko's name was mentioned, but, I did not speak to the agent directly so I can't verify the context in which Anadarko was mentioned. I heard earlier that Anadarko was moving east along the shelf. I am hoping this is the case.

Comment by Two Dogs, Pirate on September 13, 2011 at 10:23

HPS is Gary Salmon out of Lafayette.

Comment by littleasy on September 13, 2011 at 10:17

Steve,

Do you have any other information?

Comment by Steve on September 13, 2011 at 10:07

Is HPS Oil and Gas leasing for Anadarko? They are picking up leases in W. Feliciana right now.

Comment by Skip Peel - Mineral Consultant on September 9, 2011 at 10:51

William, you have been fortunate.  I hope the lawyer you used was an experienced O&G attorney.  I always encourage mineral owners to do their homework and get referrals.  Mineral law is quite complex and requires an attorney with experience.

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