They have started clearing land in sections 10/12, T 15N, R 10W, on Hwy 154, in the Alabama Bend field. The man clearing said they were working for Questar, but he did not know anything about Section 11, he said PetroChem still had it. Does anyone else have any info?
Petro Chem has not done anything for us in Section 11. They got the lease dirt cheap 4-5 years ago, They drilled a well, Blackstone 1, that produces about 1.3 million a MONTH. Our check is now every 2-3 months, $50. I have emailed Larry Hock numerous time and it takes weeks for me to get a reply, sometimes I don't. I don't know why they don't want to make money.
Bad news for us in Sec 11, my neighbor talked to Questar people today about them going across his property to go to a well site, He asked them when they were going to drill in Section 11, they told hin in 2010 MAYBE. Hope you guys know something different to cheer me up
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More