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Comment by ogmladvisor on April 22, 2009 at 14:48

I have never heard of Jurassic Exploration, and I don't have any idea where they get their information. So no real assesment to speak of, other than I would like some of their statements backed up with facts.
Let's just hope he's even half right...

Comment by ALongview on April 22, 2009 at 10:12

Jurassic Exploration Inc. is a company in Northeast Texas (I googled it). Are they affiliated in any way to the poster over on oilvoice? I don't know the answer to that but I sure do enjoy reading what they have to say about San Augustine, Sabine, and Shelby Counties.

Comment by intrepid on April 22, 2009 at 9:18

Who is Jurassic Exploration and what is known about them? How many acres do they hold in the play and how many wells have they drilled? Has anyone leased to them? At what rate?

Comment by JWC on April 22, 2009 at 6:39

ogmladvisor what is your assesment on Jurassic Exploration and all of their posts about Shelby, San Augustine and Sabine counites? I certainly wouldn't hold out of 20k - 30k. The most anyone has gotten around me is 5k which I think is really good.

Comment by ALongview on April 22, 2009 at 3:26

ogmladvisor, I don't think that anyone is holding out for that in these counties as the going rate is more likely $500-$1000/acre. I think that some of the posts being made over there are for our entertainment benefit and some are based on the true beliefs of jurassic exploration. I would speculate that this is one posted for entertainment/wishful thinking. It has just been fun to post the goings on from the other site. It gets us talking again as it has been awhile. It's good to see you again, I always enjoy reading your posts.

Comment by ogmladvisor on April 22, 2009 at 2:57

It wouldnt surprise me if acreage cost in the future will be 20,000-30,000/acre. Natural gas prices should be going back up at year end of 2009.

- Both of the above statements are wild speculation based on nothing, supported by nothing. For those of you holding for $20k-$30k per acre, expect to keep holding for a long, long time.

Comment by JWC on April 21, 2009 at 23:46

ALongview I saw the maps posted by LesB. Cabot also has a good map that includes a lot of Sabine county. It will be interesting to see if Chesapeake's map changes any. It should.

Cheerleader.........keep Cheering!

Comment by Cheerleader on April 21, 2009 at 18:36

MOTHERLOAD, MOTHERLOAD MOTHERLOAD!!!!!

Comment by ALongview on April 21, 2009 at 17:17

Oilvoice:
Oil and Gas Leasing Shelby, Sabine and San Augustine Counties,Texas
With the drilling and exploration cost down and the reserves unchanged these counties are very active as to leasing for minerals.Its looks like several companies from the Barnett Shale play are moving in the area for a piece of the play.Acreage cost should be higher than other areas because this is going to be Texas better part of the play in these mentioned counties.The shale will average about 100-200 feet thick in these counties. It doesnt take much if the rock has good properties.It wouldnt surprise me if acreage cost in the future will be 20,000-30,000/acre.Natural gas prices should be going back up at year end of 2009.

Posted by Jurassic Exploration Inc on Tuesday, April 21, 2009 23:41

Comment by Sandstone on April 21, 2009 at 14:30

JWC, I sure hope you are right. San Augustine is postive on all three but Sabine doesn't look good on two of them.

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