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Comment by intrepid on October 1, 2008 at 5:28

If they are going 14-16,000' isn't that haynesville shale?

Comment by JWC on October 1, 2008 at 1:19

Our land is about 1/2 mile of Hwy 103/147 intersection. Devon and Encana have my land information. Just waiting to hear from them.

Comment by farmbrad on September 30, 2008 at 15:41

FMO,
We're leasing property within 3 miles of Hwys 103/147 intersection for $5K per acre so yes, there's interest for something there.

Comment by Norwood, W on September 30, 2008 at 15:26

Do you guys think there could be Haynesville / James Lime aroun Highway 103/ intersecting 147? Eagle Gas and Oil has been looking on our family's property for a month now and no word...

Comment by farmbrad on September 30, 2008 at 14:29

Bill,
In 2008, we got 6 or so wells permitted in SA county to depths of 14-16000' which is where the Haynesville should be. In talking with Devon about a lease, I was told that the interest in our land was for Haynesville. We're signing Friday with Encana for 5K/22% cost free/3yrs. They wouldn't allow a pugh clause which leads me to believe they may have both James Lime &/or Haynesville in mind. To cover non-pooled land from being HBP, we did get a pooling clause that guarantees 100% of land pooled in a unit or none at all.

Comment by JWC on September 30, 2008 at 10:12

Bill where is your land?

Comment by Bill Williams on September 30, 2008 at 10:11

I've got my land leased out now, but I'm confused about the James Lime vs. the Haynesville Shale. The drilling reports all say "production is in the James" and nothing is ever mentioned about Haynesville in san Augustine County. The company that leased my land said they are just going after James Lime natural gas and that they arent sure there's Haynesville Shale at all under San Augustine County. So they leased cheap compared to what I'm reading here. They haven't started drilling anything yet either. Is anybody sure at all if we're ontop of this shale? Seems like we're a good ways away from Shreveport to be included in that, but I am no expert. The oil and gas guys I've talked to say that James Lime is a decent low risk producer so they don't care much about Haynesville. Wondering what other folks are hearing? Thanks for your input. Bill

Comment by JWC on September 23, 2008 at 6:49

What's going on in SA County? What companies are still there?

Comment by Jack Steele on September 22, 2008 at 13:02

Thanks JWC. Good to know.

Comment by JWC on September 22, 2008 at 10:24

I believe Devon and Encana may be leasing in that area. I hear $5k/25% seems to be the going rate.

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