Sounded to me if Cpk wants to drill on Devon's leases they will, otherwise the lease with Devon will expire.
The well Chesapeake permitted yesterday in San Augustine was a Devon lease. I know one of the land owners on the plat.
Mike, Any updates regarding CHK doing some more drilling in Northern Sabine County?
ALongview, I don't have anything more recent. My prior info came by way of a call to Devon. Unless someone happens to get some info from CHK we have to wait to see a permit.
Summer, to put your mind at rest, I got a lease offer by an oil company through a landman in Sabine County. I don't know if the drilling rig is doing anything, however jffreel said my minerals were in the Austin Chalk area. I would really like to share more with you, however I just don't know the rules and asking guys like jffreel, who obviously knows his stuff is really uncomfortable to me. My mother just gave us girls the minerals in Jasper and Sabine Counties and the offer came at a pretty good time.
Terry, I'd be really interested in what kind of offer you got because I have acreage just north of Brookeland. To say the least, it is way, way out of the Haynesville play at the moment so hearing that there might be interest once again in the Brookeland field is pretty exciting to me and, probably, to a number of other people on the site. We don't all have minerals in "Monster Well" territory.
You don't need to post anything that you are not comfortable sharing but if you could tell us the survey name and abstract number, the company who made the offer and what they offered it would help all of us mineral owners in the area and give us something to be thinking about in case an offer comes our way. You don't even need to say whether you took the offer or not. That's your business.
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.