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Comment by W Sharp on July 18, 2011 at 11:23

Seems very low of an offer to me, I would have rejected that even before the Shale frenzy. In fact I rejected several offers of 150 and 1/5 back in 2004. I have some minerals in 21-9 and 22-9

Comment by N.Lynch on July 18, 2011 at 10:55

I own property in Webster P. in sec.32-23-10 and have just received a

lease offer form Petromax based in Rosenberg, Texas. The offer is for          

$100 per acre and 1/6 interest for 3 years. We have been unleased for

a year and just got this offer in. Does anyone know of this company ?

The amount is low but have not gotten any other offers. Pleas comment

with your opinion.

Nan L.

 

Comment by Taylor on July 2, 2010 at 2:56

Terry, here is the info. on the well.

HA RA SU88;TALIAFERRO 28 H

COMPLETED 5-1-10; GAS; HAYNESVILLE RA; 7353 MCFD; 14/64 CHOKE; 8371# CP; PERFS 12,615-17,223' MD

Comment by Terry L. Antee on May 27, 2010 at 3:26

Any news on the Tallifro well? Sec 28 17N-R10W

Comment by Highflyer on May 26, 2010 at 15:37

The Montgomery well is not completed. So what you have heard is just that. A rumor. I hope it does come in big, but with BEUSA I don't really hold much hope.

Comment by Terry L. Antee on May 26, 2010 at 10:20

As far as I know, there is a pipe sticking out of the ground with a plate on top of it and the pit has been closed. I have not seen or heard of a pipe line being layed to the well. If anyone knows anything different let us know.

Comment by Dennis Driggers on May 13, 2009 at 4:08

Does anybody know who won the fight between the state of Louisiana and the department of the interior over the mineral rights under Lake Bistineau?

Comment by Snake Stewart on October 17, 2008 at 12:42

Without wellhead numbers you can't state factually what would be fair.When the O&G's pay fines instead of letting those numbers out , you have to believe that they have something to hide.Why else would they sit on the numbers.
If the Barnett Shale is bringing $27,500 in some places, I certainly would have to get a real good explanation as too why my H/S acreage would be less when we are sitting on apparently a far superior formation according to the numbers that we have seen so far. That explanation will never come.I am quite sure that I will not be able to hold out long enough to gain the fullest extent of its value, but I must do the best that I can, at that time, with all the available info at our disposal. Did your lease go through Pin Oak and Mark B ?
When the drilling starts in our area , the bonuses will not be nearly as important as they are right now.The lease body itself has more snags then the bonus issue presents. The bonus represents the present while royalties are the future.
I am sorry that we werent there for you.You and yours are a huge reason why I have been in this big shouting match.Our area was devistated early on. At the time that you signed It is good that you did as well as you did.Many werent as fortunate.I am sending you a friend request so I could ask you a couple of questions in private if you dont mind. Thanks and have a good one.

Comment by Neil on October 17, 2008 at 4:03

Sanke my family signed for $2000.00 an acre and 1/4th royalty with BEUSA Energy on April 16th 2008. By credentials, I was currious if you had worked in the industry at some point. You answered my question in your reply, thank you. I am also currious what bonus price per acre you think is fair for the 17N-10W & 18N-10W would be?

Comment by Snake Stewart on October 16, 2008 at 13:55

Hello Neil , Might I ask what credentials you are referring to? I am not in the oil & gas industry if that is what you are referring to. I am a man that has spent entirely too many hours in front of this computer screen in the last 8 months studying this and other shale plays across the U.S. trying to keep his friends ang family from getting mowed over like most of our friends and family did that signed early on. Do you mind telling us how much you signed for and with who ? Thanks and have a good one.

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