We have not heard from anyone. We're still a few months from expiring. Paloma, did make contact many months ago, but we have not heard from them and don't know what they might offer. Looks like Chesapeak has permitted two or three of Devons leases in Shelby, but its all of these have pipelines.
I just called and they are not renewing our lease in Sabine County on the Chesapeak well...Is anyone else looking at leases? they told me we were free to lease with anyone as on the 18th of August 2011.
Someone in Houston called me and said he was representing B&B (who or whatever they are) and offered 1/16 and $365. per acre -- I just told him no thank you and hung up. They are the same ones who called Martha and Jimmy Vickers across the street. I figure it is someone trying to low ball us and resell to someone else.
Any Milan or Hemphill rights being approached? All the leases expired last summer and haven't heard of any one renewing.
Devon Energy just called wanting to lease my mineral rights. Anyone else been approached?