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Comment by Craig Wascom on June 4, 2014 at 3:24

Not sure John I guess I have been in Texas to long. That would be something to look into. I love Louisiana's 10 year rule you can make a lot of stuff happen with that one.

Comment by John Matherne on June 4, 2014 at 1:00

Craig doesn't the 10 year rule still apply if no exploration or production apply where the minerals can revert back to the current landowner?

Comment by Craig Wascom on June 3, 2014 at 16:14

Russell I will give the same advise I always give and it is just my opinion. Never sell your minerals once their gone they are gone and if there is a good well drilled on your land you will regret it for a long time. The flip side is there may never be a good well but I don't think that hurts quite as bad.

Comment by Russell Allen on June 3, 2014 at 14:50

Can anybody offer some experience on the financial advantages of selling mineral rights versus leasing them?  I own some land west of Kentwood in St Helena Parish, just across the Parish line and south of Hwy 38.  I recently received an offer to buy my mineral rights for $1000 an acre. Mt cousin, who owns land very close to mine, recently received an offer to lease her land for $275 an acre.  I am leaning towards leasing, but if anybody has had a positive experience selling their mineral rights I would like to hear it in order to make an informed decision.

Comment by Betty Ballow on May 29, 2014 at 15:10

How do I join this group?  I'm not seeing a JOIN button.

Comment by Skip Peel - Mineral Consultant on April 29, 2014 at 1:21

james, I don't find any unit formed in that part of Tangipahoa during that time period.  Do you know the company the landman was representing?

Comment by james ghawaly on April 28, 2014 at 16:28

Section 37 and 55, Township 1 South, Range 7 East,

Comment by Skip Peel - Mineral Consultant on April 28, 2014 at 15:15

Do you know the section-township-range?

Comment by james ghawaly on April 28, 2014 at 14:55

Quick question, I had my landman call me late December and told me they had to finialize all the lease details quickly. (family member needed to sign). He said they are trying to form a unit in my area. Havent heard anything.  I have 225 acres located about a half a mile north of the Thomas well in Kentwood in the Greenlaw oil field along the Tangi river and Hwy 1054. He said something about a 1200 acre unit. Does anyone know if this is true.

Comment by Skip Peel - Mineral Consultant on April 28, 2014 at 1:58

This discussion has been continued from the Tuscaloosa Marine Shale Group page.

http://www.gohaynesvilleshale.com/group/tuscaloosamarineshale/forum...