Rusk County

All things related to the Haynesville Shale play in Rusk county Texas.

Anadarko leaseing in Caledonia area

from two different good sources-- Anadarko is leasing in Rusk County in the Caledonia area near were Panola, Rusk,and Shelby countries join--- Rumor is deep Oil play in 20,000 feet depth initial offers in $500/22.5%R

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    dbob

    Brent

    Count me in the group of skeptics.  I don't have land or minerals in the area you mention, but the USGS report you provided doesn't seem to support what you've claimed.  

    If I follow the logic - faulting in this area has lead to productive Travis Peak, with potential source rock from the smackover.  There is still hydrocarbon trapped in the smackover, and thats the target at 20,000+ feet deep?

    I;d buy something more like what seems to be happening in Panola county- Chevron and others appear to be drilling horizontal Travis Peak wells at modest depth to recover more oil.  

    Most of us here have heard the "deep oil" rumors, that coupled with your attitude is making for a somewhat skeptical/hostile response.  

    Before you respond, let me grab my popcorn

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      Well, a good landman will get the best price for his/her O & G company, its business.  They have a right to be here to gather info... Just like mineral owners should be able to access an Oil Company's info (not after the fact, see Chesapeake 2007) on their own mineral interest to make an INFORMED decision.

      By ripping off families on the front end (5yrs/$250-$350/20% AND on the down low, Chesapeake extracted a lot of wealth out of NW La. that should have stayed in La. not sent to Oklahoma City. 

      The same thing is going to happen in East Texas, with various other companies, in the Smackover Oil play in my honest opinion. Hey, at least the money is going to Houston this time ha. 

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        abdul, I don't have to prove anything to anyone, period! 

        I obviously believe what my sources are saying because Im holding out, laying it on the line as it were. Talk is cheap, being wrong isn't. 

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