I found this presentation the other day. It is from Endeavour Oil and Gas. I know they are partners with JW Energy. Does anyone have experience with them? It has a Haynesville Slide which is page 15 that shows Southern Bienville and Western Bienville really well along with the rest of the North LA. Just thought I would post it and see what others would say.
SONRIS Lite Well Search By Organization. 9 total operated wells from 1967 to 2009. One uneconomic HA horizontal well and one Waiting On Completion since last April. These wells are in Bossier Parish. S22 & 27 - 19N - 11W.
|Organization Id||Organization Name|
|E131||ENDEAVOR ENERGY RESOURCES LP|
|Cnt||Well Serial||Well Name||Well Num||Status||Class||Class Type||API Number||Org ID||Field ID||Permit Date||Sec-Town-Rng||Parish|
|1||120872||ARDIS & COMPANY INC||001||10||17015200390000||E131||1432||07-JUL-67||015-19N-11W||08|
|2||210554||J B LEVERT LAND CO INC SWD||001||09||II||5||17057224850000||E131||2432||06-SEP-89||057-15S-15E||29|
|3||212832||CHA MIRE RE SU;JB LEVERT LD CO||002||33||17057225390000||E131||2432||11-DEC-90||057-15S-15E||29|
|7||236114||C R WICKETT 23||003||10||17015242790000||E131||1432||09-AUG-07||023-19N-11W||08||2000|
|8||240419||HA RA SUF;WICKETT ETAL 27 H||001||10||17015246400000||E131||1432||04-NOV-09||022-19N-11W||08||13750|
|9||240533||WICKETT ETAL 22 H||001||01||17015246480000||E131||1432||07-DEC-09||022-19N-11W||08||13750|
Thanks for the info. I was told my lease was assigned to Endeavour by JW. I do not know if that is good or bad. What happens with a company assigns a lease?
I gave them call on Friday(yesterday) and they told me they had a 50/50 Joint Venture Agreement with JW but in some cases JW would be listed as the well as the operator and Endeavour would drill the well. They also told me that in some cases it would be a farm out agreement as you discussed. Thanks for the assignment information. Your explanation helps out. This tract(J-W now Endeavour) they got is a very large tract and the lease will expire at the first of next year. The Joint Venture avenue must be popular I see other companies have done this. All I can say is we will see what happens. Does this happen a lot in North LA?
Thanks for letting me know. The one thing I will say is at least they took my call an answered my questions. I had no problem calling in. I have read stories on here about folks not getting an answer when they contacted the O&G company but I had no issue at all. I called J-W and I got a live person. I would hope it is a farm out agreement since the lease covers around 30% of 2 sections in terms of acreage.
I did ask them that. They seemed to indicate it would be a shallow non HA well at this time. But he did tell me on ours that JW would be the operator and Endeavor would have a working interest. A well was completed recently by Will Drill and is close less than a section and a half a way to the east of me. The Serial number is 241418 Castor Field. Take a look at it Skip and see what you think. Looks like a decent producer. I wonder if this is what they have in mind?