Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant on June 21, 2011 at 2:16

Thanks, Highwayman.  I received a copy from a client on the IP list and reviewed the application.  Here is a list of the leases Wagner acquired for this unit.

 

	WAGNER OIL COMPANY	File Date:	5/3/2010
	LA BOKAY CORPORATION	Cancel Date:
	MEMORANDUM OF LEASE	Book:	321
	OG 332471	Page:	163
	NE/4 OF SE/4 OF S36 T11N R6W	Pages:	5
		View Image
	Direct (1)		Indirect (1)
	WAGNER OIL COMPANY	File Date:	6/9/2010
	PAVILLION LAND DEVELOPMENT- LLC	Cancel Date:
	MEMORANDUM OF LEASE	Book:	321
	OG 333612	Page:	335
	320 ACRES IN S25 & 35 T11N R6W	Pages:	3
		View Image
	Direct (2)		Indirect (1)
	WAGNER OIL COMPANY	File Date:	6/16/2010
	PLUM CREEK SOUTHERN TIMBER- LLC	Cancel Date:
	OIL & GAS LEASE	Book:	321
	OG 333814	Page:	347
	146.18 ACRES IN SW/4 OF S25 T11N R6W	Pages:	18
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	Direct (2)		Indirect (1)
	WAGNER OIL COMPANY	File Date:	6/21/2010
	CASON, EDGAR	Cancel Date:
	MEMORANDUM OF LEASE	Book:	321
	OG 333990	Page:	466
	117.50 ACRES MORE OR LESS IN S36 T11N R6W	Pages:	2
		View Image
	Direct (3)		Indirect (1)
	WAGNER OIL COMPANY	File Date:	6/24/2010
	COVAL LEASING COMPANY- LLC	Cancel Date:
	MEMORANDUM OF LEASE	Book:	321
	OG 334145	Page:	498
	40 ACRES MORE OR LESS IN S36 T11N R6W	Pages:	3
		View Image
	Direct (2)		Indirect (1)
	WAGNER OIL COMPANY	File Date:	10/14/2010
	GHK COMPANY- LLC	Cancel Date:
	MEMORANDUM OF LEASE	Book:	322
	OG 337284	Page:	252
	1200.00 ACRES MORE OR LESS IN S36 T11N R6W	Pages:	4
		View Image
	Direct (9)		Indirect (1)
	WAGNER OIL COMPANY	File Date:	10/14/2010
	SCE PETROLEUM- LLC	Cancel Date:
	MEMORANDUM OF LEASE	Book:	322
	OG 337286	Page:	256
	120.00 ACRES MORE OR LESS IN S36 T11N R6W	Pages:	2
		View Image
	Direct (2)		Indirect (1)
	WAGNER OIL COMPANY	File Date:	10/14/2010
	HEFNER COMPANY- INC	Cancel Date:
	MEMORANDUM OF LEASE	Book:	322
	OG 337287	Page:	258
	120.00 ACRES MORE OR LESS IN S36 T11N R6W	Pages:	2
		View Image
	Direct (1)		Indirect (1)
	WAGNER OIL COMPANY	File Date:	11/3/2010
	JIL EXPLORATION- INC	Cancel Date:
	ASSIGNMENT OF OIL & GAS LEASE	Book:	322
	OG 337759	Page:	303
	SEE ORIGINAL	Pages:	7
		View Image
	Direct (1)		Indirect (1)
	WAGNER OIL COMPANY	File Date:	2/18/2011
	RAY, WILLIAM L	Cancel Date:
	OIL & GAS LEASE	Book:	323
	OG 340316	Page:	7
	10.20 ACRES MORE OR LESS IN S36 T11N R6W	Pages:	3
		View Image
	Direct (2)		Indirect (1)
	WAGNER OIL COMPANY	File Date:	4/25/2011
	POLAND MINERAL TRUST	Cancel Date:
	MEMORANDUM OF LEASE	Book:	323
	OG 341901	Page:	570
	120.00 ACRES MORE OR LESS IN S36 T11N R6W	Pages:	2
		View Image
	Direct (2)		Indirect (1)
	WAGNER OIL COMPANY	File Date:	5/6/2011
	JIL EXPLORATION- INC	Cancel Date:
	ASSIGNMENT OF LEASE	Book:	323
	OG 342232	Page:	577
	ENTRY #341288 (32.48 ACRES MORE OR LESS)	Pages:	4
		View Image
	Direct (1)		Indirect (1)

Permalink Reply by Highwayman on June 21, 2011 at 2:24

I wish them luck.

Permalink Reply by The_Baron on June 21, 2011 at 3:34

The only problem I see is that this coiuld effectivly cut out some landowners in between the new unit an d the large existing unit.

Permalink Reply by Henry on January 10, 2016 at 2:21

Finally!  Chesapeake is providing releases to the lease holders in the Black Lake Field in Natchitoches Parish.  These leases were signed in the mid-1960's.  If you hold these leases (they are so old, you likely inherited them), contact Chesapeake and get your release.

Permalink Reply by Skip Peel - Mineral Consultant on January 10, 2016 at 4:12

Good news, Henry.  Congratulations.  Considering the age of this discussion thread, I suggest that you start a new one so that those who have joined the group since the last reply will get a notice email.  In addition to contacting CHK some might wish to discuss the future prospects for the Black Lake Field.

Permalink Reply by Henry on January 11, 2016 at 1:09

I think I'll open the discussion on the main board, and not in Natchitoches Parish.  Because these leases are 50 years old, the current lease holders have likely moved all over Louisiana, if not all over the country.

Permalink Reply by Skip Peel - Mineral Consultant on January 11, 2016 at 2:15

The only drawback to posting on the Main Page is the lack of a notice email.  Considering that these are old leases, what are the chances that someone with an interest in the Black Lake Field is occasionally coming to the site?  And will they come before a main page discussion rotates off?  Regardless of where they live and when they joined GHS, if they joined the Natchitoches group they would still get an email notice.  Even if they hadn't been on the site in years.

Permalink Reply by The Shadow on January 13, 2016 at 17:00

Skip what happens if a release of minerals is not requested?  Some may not ask because they no longer own the land and if the minerals are released then they will loose all their mineral rights.  Another question is if the minerals are released then does the 10  year period apply as it does when production stops before the minerals come back to the land owner?  Please explain.  Thank You.

Permalink Reply by Skip Peel - Mineral Consultant on January 14, 2016 at 2:41

If no release of lease is filed in the public record then it would be up to a landman researching mineral ownership to determine that the minerals were unencumbered and available for a new lease.  A release on file in the public records makes the process of any future lease offers more straight forward, more simple.  Mineral owners should request a release be filed in writing or by email.

I believe that the prescriptive period is defined by production, not by the existence of a lease.  Lacking some circumstance that would suspend prescription, once production ceases the ten year period begins.  Prior to the CHK announcement were you receiving payment of royalties?

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