The Sabine Parish Clerk of Court has been wrapped up with Landmen this week. This seems unusual to me with the leasing slowing down - does anyone have an opinion about what this may indicate and if they are leasing, is it still for the HS and if so what area of Sabine Parish is of interest? Can not help but think positive with the HS above in DeSoto and AC or TM below in Vernon Parish - Hope Floats LOL
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Since I haven't look closely at Sabine Parish leasing lately, I did a quick drive by. The volume is low but is still continuing in the same S-T-Rs. For the month of March Chesapeake filed 47 leases with the Clerk of Court. The leases covered minerals in the following sections:
7N-13W: S8, 16
8N-13W: S13, 32, 34
8N-12W: S5
9N-14W: S4
9N-13W: S2, 3, 9, 15, 30, 31
9N-12W: S5, 6, 7, 21
9N-11W: S22, 23,24, 26, 27, 33, 34
10N-12W: S24
I find it interesting that Chesapeake leased in S5 T8N R12W, There are quite a few of us in that section who have leases with SWEPI that will expire in May and June. Do they know something we don't? Encouraging anyway.
There is a new company...Merritt...that is interested in Sabine. Has anybody heard anything from them?
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