Replies to This Discussion

Permalink Reply by JONESER on August 1, 2008 at 16:25

Kilroy....Where do you live? N. Bossier??

Permalink Reply by BCW on August 1, 2008 at 16:35

Yes, Sec29,T19N,R13W

Permalink Reply by JONESER on August 1, 2008 at 17:14

Have a friend that lives up that way and shared a lease agreement copy with me that had the Red River Land Services name on it. I'll bet they are a company like Twin Cities, trying to get folks to sign low and and then they sale it to the Big O&G companies.

Good luck

Permalink Reply by kilo charlie on August 2, 2008 at 2:14

red river land service is an authorized agent for chesapeake

Permalink Reply by randy on August 2, 2008 at 4:58

does anyone have phone#s and names of lease agents , i am having trouble getting #s for red river land and other companys as well,, thanks!!!!!

Permalink Reply by Army MP Wife on August 2, 2008 at 6:13

I absolutely can't find the business card I got from a Red River Land guy a few weeks ago. It had his # & the office #. Fortunately, I wrote his cell # down in my "HS notebook". His name is Ken Welch & his # is 673-8339. I also made contact with another RR Land guy named Sammy Dawson. His # 903-315-7366. Personally, I wouldn't dare deal with ANY landman by myself & without being pooled with other landowners. I live in Princeton on about 2/3 acre in a subdivision with no fully activated HOA. I signed up with Neighbors United (The Cowboy Church) on Princeton Rd (approx 1500 acres pooled) yesterday.

Permalink Reply by Moe on August 2, 2008 at 12:54

Can you give more info on this group and their terms?

Permalink Reply by Army MP Wife on August 4, 2008 at 10:44

I hope this answers your question. The approx 1500 acres is over 6 sections: Sections 5, 6, 7, & 8 in T18N-R11W and Sections 31 & 32 in T19N-R11W. Apparently, I'm a go-between now since I made an effort to get neighbors a little informed & grouped with them, so if you're in one of these sections & interested in pooling with this group and haven't already done so, you need to contact me. It's not too late. Signing up with this group doesn't obligate you to actually sign through them. There's nothing being charged for pooling with them. I would think maybe having to pay for a lawyer to look over the contract, but not sure. This group started about 2 months ago. There is an organized committee, but I have no names. Info on interested mineral rights owners has been turned in to the land guys (over the last couple of weeks or so), who go to the C of C to verify mineral ownership & size of acreage & whatever other stuff needed (I'm still fairly new at this). Offers should start coming in for the group as early as this Friday - by the section, if I understood right.

Permalink Reply by BCW on August 2, 2008 at 7:51

thanks! The lease agreement does not mention Chesapeake anywhere on the deal. I've heard to be cautious of agreements like these where the actual O&G company is not mentioned in the lease.

Any thoughts?

Permalink Reply by LYNN on August 2, 2008 at 13:15

I know a person in Bienville parish that signed with this company, they are working for chk. and they had their lawyer put in their lease paper that chk. was leasing not red river land services. I don't recall his name but this couple really liked him and said that he was a very nice and helpful person. Hope this helps some.

Permalink Reply by BCW on August 2, 2008 at 15:04

Jim, Thanks for the info... Why would they not file with the Clerk of Courts? Do you think they will turn around and sell the leases to highest offer, and should we be worried about this?

Permalink Reply by Pittboss33 on August 2, 2008 at 15:58

A memorandum is in lieu of the actual lease. It is recorded so the public cannot all lease terms and provisions. You can see it at the clerk's office. Red River is a reputable agent for CHK, everybody relax.

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