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Comment by lifesaver on June 22, 2008 at 13:43

gatorguy, Is that info for our size lot 70X161? $12,000

Comment by Rocker on June 22, 2008 at 11:43

Anyone know anthing about buying into a well to make more money instead of just leasing the land?

Comment by Gatorguy on June 22, 2008 at 1:51

Does anyone have contact info for a Petrohawk landman who is working in the south caddo area?

Comment by Gatorguy on June 22, 2008 at 1:50

lifesaver, offers for over $12,000 are out there. hang in there.

Comment by lifesaver on June 21, 2008 at 15:08

We Live in Deepwoods off of Williamson Way.Any Idea of what were looking at.We have about our lot is 70x161
any idea what we are going to get.

Comment by Gatorguy on June 21, 2008 at 4:17

Thanks Dr. WAVeSport. I do not want to be greedy and scare them away but I also want the best price. Thanks again.

Comment by DrWAVeSport Cd1 on June 21, 2008 at 3:59

Gatorguy,

Have heard...?...15K+ in South Caddo between Norris Ferry (south) and Ellerbe Road (south)... I don't know if you are on the eastside or westside of southside, but royalties are going up too.

You can ask for anything! When negotiating, go for the highest $ you can rationally think of using. All anyone can do is say no...and they will give you a counter offer. The counter offer may come later on, but you will be approached again...and again...and again...

Good Luck!

DrWAVeSport

Comment by Gatorguy on June 21, 2008 at 3:52

Live in South Caddo near border of Desoto & Caddo. Can anyone give me an update on what their highest offer is? Have recieved offer of 11,500 an acre at 1/4. Also who made the offer?

Comment by DrWAVeSport Cd1 on June 21, 2008 at 3:29

Hello South Caddo Shalers! Good Saturday to you!

Re: RRT Trust 30 and Moncla 31 wells off South Wallace Lake Road (very south Caddo): Sec 30 T16N R13W Field #9715 Spud date on RRT 3/21/08; No spud date on Moncla 31

You Field Guys out there, have any comments per the above? I cannot seem to find anyone who wants to comment. Thanks!

Looks like leasing offers are heating up all around south Caddo Parish along I-49 (East side south of Bert Kouns exit and moving eastward to Norris Ferry and Ellerbe Rds.

Comment by Ricky D. Martin on June 20, 2008 at 15:11

I have tried to find out, the only thing found was an old lease. The nearest producing well is .83 miles from my place. This is a vertical well drilled about 9,140 feet. The landmen that have contacted me have all confirmed the existence of the old lease. There are new leases near here for which only half or less of sections are being bought to fit the unit requirements.

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