Our land is south of SA (Macune) and we have been told by reps of EnCana that we are in a $5000 per ac. area. We found this out on Thurs of last week. Good luck!
Shelley our land is just about 1/2 mile south of 103. I have not contacted Encana but I was told our land was in the $5000 per ac area. He said he had seen the map. I would think you would be there also.
Yeah let's keep in touch. Let me know when you find out more about this well. Hopefully we are getting close to something big...SA is going to be a big player I think...
When you cross 103 where 103 and 705 intersect you go south for about 1/2 mile and there is a road that turns to the right...that is County road 3000...Our land starts right there...house is up on the hill under two big oak trees...there is an old run down house that sits on FM705 in front of the house...
Good information Shelley. Thanks. I agree that the price is going to go up. I am contacting some of the bigger companies. Sending them emails about my land. I think we can do much better than $5000 and probably even better than $10000. Like you say we just have to be patient.....so the waiting game continues....hopefully something will break loose soon and we can all be happy campers....and I would definitely have a lawyer look at the lease...so Encana actually made you an offer?
Shelly, Did EnCana offer you $5000/ac? Where is your land? Our mineral interest are in the W. White survey (A-308), which is close to Macune. Did they say anything about paying you $25,000 if they decided not to lease your land. My distant cousin-- who has land somewhere in SA County-- was presented with that offer. Thanks.
That's good...that's the only way you fill find out. I know Janelle's cousin hasn't signed yet...they own land next to ours. It is the Wolf place on 705. I may call a guy that lives donw the road from us in a little while and see if he signed yesterday...will let you know...have a good one and hope for the best...
I won't use any names but someone down the road from us signed with Encarna yesterday. They do seem to be the ones paying the most money right now. I don't think they are interested if your land is almost on 83. They stop about 2 or 3 survery short of 83.
Yeah I agree...I think they will go up too or someone else will offer more....funny how they started out at $5000 in that area...must be something good where we are....normally they start quite a bit lower....
Yeah we probably need to just sit tight right now...it sounds like Encana wants to own 705....we'll see...my home phone is 903-295-9841...cell 903-452-0211
Shelley,
Thanks for the info. Did they say anything about a retainer fee of $25000 for 45 days? Do you know the survey number (or name) of your land? We are in teh W. White Survey (A-308). Thanks.
Shelley I started a discussion in the East Texas Group....San Augustine County....couple of pretty good replies...might want to read it when you can....good luck..
Shelley my named changed on this website. Someone else is using JC so I am now using JWC. Will let you know if I hear anything. Everything I hear talks about good things to come in San Augustine.
Wow..not sure what to tell you. We haven't spoke to any companies yet...I know it is a hard decision...I think I am going to wait a little bit longer...we are going out of town tomorrow and won't be back until Monday afternoon so send me comments if you hear anything...this sure tries your patience doesn't it?
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arklatex
Thanks for the info. Did they say anything about a retainer fee of $25000 for 45 days? Do you know the survey number (or name) of your land? We are in teh W. White Survey (A-308). Thanks.
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