Union County, AR
Established for mineral owners in Union County to share info on leasing and drilling activity in this county. Open to all landmen and others to share pertinent info.
Established for mineral owners in Union County to share info on leasing and drilling activity in this county. Open to all landmen and others to share pertinent info.
Jimburgess
On May 11th my lease with SWE expired with approx. 2000 acres located in the Strong Ark.
area of Union County. I have talked with several other owners whose leases were not renewed.
Apparently, SWE is giving up in this area of Ark.
May 19, 2014
landowner
RAZORBACK
I have the same situation in Columbia County. Contacted Landperson for SWE and got the following reply.
"Hi ,
I talked to Kelley Jones, the project manager for Arkansas,
and she said it was doubtful that Southwestern will be extending any leases.
If they do it will be for specific township, section and ranges not all you own as in the past. "
Hope this information is of some help. It appears that the rush to lease in South Ark is now over.
May 19, 2014
Oil & Gas Pro
Paul M. Hess
While this may be a disappointment to all mineral owners, it may well be a blessing in disguise as now the local independents may be able to lease prospect ideas they have without concerns over dealing with SWE. I wish all of you the best through this transition and mayhaps a local operator will come see some of you as the leases open up. Good luck!
May 19, 2014