If I had to guess, I'd say this is Paloma with a land company, Dorado?, leasing on their behalf to finish out leasehold where the company looks to drill wells in the not too distant future. Paloma has applied for wells in Township 17 North, Range 14 west. This is in the Shreveport Field and the area of the regional airport.
It would be helpful to know the lease terms offered in order for anyone to provide an opinion.
I do know of a friend who lives in Springlake area who got a generic offer letter recently. I cannot completely recall the company he mentioned. But similar terms.
Skip Peel - Mineral Consultant
If I had to guess, I'd say this is Paloma with a land company, Dorado?, leasing on their behalf to finish out leasehold where the company looks to drill wells in the not too distant future. Paloma has applied for wells in Township 17 North, Range 14 west. This is in the Shreveport Field and the area of the regional airport.
It would be helpful to know the lease terms offered in order for anyone to provide an opinion.
Apr 4
lee
$2000 per acre, 1/5 royalty, 3 years
Apr 4
Quattro
I do know of a friend who lives in Springlake area who got a generic offer letter recently. I cannot completely recall the company he mentioned. But similar terms.
Apr 4