Leased By Devon

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A place for networking and discussion among those who have leased their acreage to Devon Energy. Discuss all things pertaining to leasing, drilling, production & post production on your property.

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Lease Expiration

by Kaye Fink

Feb 11, 2011

The Devon Energy lease on my grandfather's land, of which I hold mineral rights (along with other relatives) is due to expire in May, 2011.  It is described as:

 110 acres, more or less, located in the Joel White Survey A-773 and the Lewis Watkins Survey A-808, and being more particularly described in a Deed from W.O. Keener et us to W.E. Holt, dated November 21, 1923 and recorded in Volume 121, Page 626, of the Deed Records, Shelby County, Texas.

 Can you tell me how I would find out if this was due to be renewed?

 

Thank you,

 

Miriam Kaye Fink

 

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  • up

    DJG

    Here's a link to the transcript from Devon's 2010 Q4 report yesterday:

     

    http://seekingalpha.com/article/253329-devon-energy-s-ceo-discusses...

     

    Not one peep about Haynsville/Bossier plans or activity.

     

    What a difference a year makes.   With their 2009 Q4, Hayesville/Bossier plans had a prominent position in their presentations and they were still highly touting the "success" of their Kardell well IP in San Augustine and their development plans for their Greater Carthage and Southern Region acreage in East Texas.

    1

    Feb 17, 2011

    • up

      Mike

      Today I have heard directly from Devon. They will not HBP their holdings in the southern part of the Texas play and will allow the leases to expire. The person I spoke to did say they will monitor gas prices, but oil is the focus.

      Same story others have gotten.
      1

      Mar 2, 2011

      • up

        JE Palmer

        We signed with Devon for minerals in San Augustine, TX,  just found out they sold it to Chesapeake. You might want to check with them to if they still hold the minerals.  We were never notified of this, just happened when my father contacted the Landman to ask some questions about when and if they were going to drill. Our lease expires in Oct.2011
        2

        Apr 5, 2011