Hi Everyone,
I'm new to this site and new to the process of selling mineral leases. I am hoping to get information and guidance from my new friends on this forum. My family's land is near Linville which is in Union Parish between Marion and Haile. I have been contacted by a representative of Pine Belt who wants to lease our acreage and that of my uncle. Does anyone know if any deep wells have actually been drilled in Union Parish? Were they successful?
Thanks for your help,
Kathy
Tags:
Kathy,
DO NOT SELL YOUR MINERALS! LEASE THEM! Sorry for the all caps but it's very important that you know the difference between selling and leasing. I have land close to Lillie, LA and the best offer to lease so far has been $300/acre 20% 4/4. There have been 3-4 wells drilled around Marion over the last few years checking out the brown dense. None of the data have been released so we can only speculate on what they found. From the amount of leasing they are doing I would say they like what they see. Good luck and keep us informed.
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