Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant on September 15, 2014 at 8:37

Here is their operator listing for LA.  26 listed wells, none producing, 1 recent permit in Claiborne Parish.  It's hardly any surprise that they are not interested in the LSBD.  It would be if they were.  Ask them what formation they are interested in.

G156	GOLDSTON OIL CORPORATION
Oper Type		Addr1			City, State Zip			Contact Name	Phone Num	Phone Type
01		P.O. BOX 570365			HOUSTON, TX 77257-0365			GREG COLBURN	(713)355-3408	OFFICE
									(713)355-3429	FAX-OFFICE
01		P.O. BOX 570365			HOUSTON, TX 77257-0365			DENISE PHILLIPS	(713)355-3408	OFFICE
									(713)355-3429	FAX-OFFICE
01		P.O. BOX 570365			HOUSTON, TX 77257-0365			DENISE PHILLIPS	(713)355-3408	OFFICE
									(713)355-3429	FAX-OFFICE
01		P.O. BOX 570365			HOUSTON, TX 77257-0365			GREG COLBURN	(713)355-3408	OFFICE
									(713)355-3429	FAX-OFFICE

Organization Officers

Officer Name	Title
WALTER G. MAYFIELD	PRESIDENT
RODNEY E. HENCKEL	EXECUTIVE VICE PRESIDENT
DON PISKLAK	TREASURER

Organization Red Flags

Effective Date	End Date	Warning Status	Warning Description
11/09/2006	12/06/2006	I	ILLEGAL MOVEMENT
11/06/2008	11/08/2008	F	FINE-CIVIL PENALTY HAS BEEN ISSUED

Permalink Reply by Jimburgess on September 16, 2014 at 7:35

No contact with Goldston Oil.  What area in Union County?  What is their interest?

Thanks....Jim B.

Permalink Reply by WalterC on September 16, 2014 at 9:44

In the Three Creeks area.  The landman said he thinks they're interested in a deep formation but wouldn't provide details.

Permalink Reply by obed w odom on September 17, 2014 at 6:04

The recently permitted Goldston well in S22-20N-8W of Claiborne Parish is a 5100' try for the Paluxy formation, which is above the Pettit. There was also a recently drilled Pettit well (serial #47170) by Saye Oil Co. in 8-19S-18W of Columbia Co. (McClendon Branch Field), which is just west of the Union Co. line. The rig moved off this location about a week ago, but the results have not been reported.