Replies to This Discussion

Permalink Reply by JB on February 12, 2012 at 7:37

Heard last week about some leasing activity near the lincoln/claiborne line just south of the texas gas plant. What are you hearing?

Permalink Reply by conebreadcuz on February 12, 2012 at 7:46

i was told they are leasing 100k acres in webster, caiborne, and lincoln parishes.i have talked to leasing company, but do not know who they are leasing for.

Permalink Reply by Little Red on February 12, 2012 at 7:54

Is the leasing company Miller Land Profesionals?

 

Permalink Reply by conebreadcuz on February 12, 2012 at 11:52

yes have you talked with them or know who they represent?

Permalink Reply by Little Red on February 12, 2012 at 12:13

They have contacted me, but I don't know who they represent.

Permalink Reply by conebreadcuz on February 12, 2012 at 12:44

they were offering 300/acre for 3 with 4 year option, but never said what they would pay for the 4yrs. do you know?

Permalink Reply by Little Red on February 12, 2012 at 14:49

$300/acre for three years/ additional $300/acre for four-year extension.

Permalink Reply by conebreadcuz on February 12, 2012 at 15:18

thats what i was guessing, but would like to see 400 on extension 

Permalink Reply by North LA on February 12, 2012 at 15:27

That's a lot. Is it for the lower cotton valley?

Permalink Reply by conebreadcuz on February 13, 2012 at 2:32

lower smackover, and everything above. i figure 100 per acre per year would be fair.

Permalink Reply by tom post on February 13, 2012 at 13:43

I expect they are leasing for Southwest Energy.  That's the major player in Union and Claiborne Parishes.

Permalink Reply by conebreadcuz on February 13, 2012 at 14:47

I was told the company they represent was very active in the Bakken Shale?

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