All things related to the Haynesville Shale play in Marion county, Texas.
Website: http://www.gohaynesvilleshale.com
Location: Marion County, TX
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Latest Activity: Jul 21, 2022
Started by Skip Peel - Mineral Consultant Jul 21, 2022.
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thanks
Good news for Pegasi!
http://mobile.reuters.com/article/idUSnGNX6VSBw+ee+GNW20141105?irpc...
Just across the state line the offers on behalf of Anadarko are 9/40ths (22.5%) royalty and a bonus of $500. With patience and time, you may be able to get the same.
I received a call from Dixon Services to lease 9 ac minerals in Samuel Jeffries Survey A-213
west of Jefferson near Lassater for $200 ac, 1/5 override, and 3 yr term w/2yr option.
Apparently it is Anadarko Drilling. This per ac seems a bit low and I would not want to sign
for 2 yr option. Does anyone else have an offer in the area and if so what is the deal?
Ayanna Sanders,
I have signed two oil/gas leases near Lodi, and Smithland, Marion county since August, 2011. Both were for a decimal interest of .20% or 1/5th. I would say the royalty interest is not negotiable, but let us talk about the signing bonus dollars.
Since they are experienced and local they may have good, non-public information but looking at their website I'd say they are speculating in leases. Their interest may be a good sign for your area but their offer is not even in the ball park.
http://starrvilleresources.com/petro.aspx
Petro Shore
Has anyone ever heard of Petro Shore?
They have approached me with an offer to lease at $100/acre and an 8th royalty in Marion County. I know that this is a low offer even in the current market, but there hasn't been too much activity before now. Is this a middle/holding company or a legitimate entity? And should I take this offer seriously?
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AboutAs 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 |
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