Frances, good to hear that you enjoy living in CO. I hear from Joe on a semi-regular basis. He is living in Cape Coral, FL. Do you have Haynesville Shale minerals? If so, let me know if I can help in any way. And give Mills my regards. Skip
We do have two small interests, leased, but not producing, in Marion County - one in the The Gray Bonham 160 acre tract in the Robert Potter Survey, North, East and West of Caddo Lake on the state line and one in the E.E. Easterling 220 acre tract in the Martin G Nall Survey A-300, also on the state line North and West of Caddo Lake. The three year leases will run out in less than 1 1/2 yrs. We look forward to renegotiating if there is no activity before the leases terminate.
We also have two small producing interests in the Cotton Valley Formation in the Elm Grove Field (gas) and in the Redland field (gas and oil) West of Springhill, both in Bossier Parish. Old leases with no Pugh Clauses and not much chance of our being able to participate in the Shale there.
I spoke to Paul Wood, oil and gas lawyer, in Bossier yesterday who told me his business was about to fall off, probably, next week. Are you staying busy?
I understand that the price of gas needs to be closer to $6 than the present $3 before Chesapeake and others can make a decent profit. Does that sound right?
Please keep us posted if anything interesting happens and it is so good to be back in contact with you. Please tell your family hello for me(Frances aka Cissy).
Skip Peel - Mineral Consultant
Sep 12, 2009
Skip Peel - Mineral Consultant
Sep 12, 2009
Mills and Frances Bain McCawley
We do have two small interests, leased, but not producing, in Marion County - one in the The Gray Bonham 160 acre tract in the Robert Potter Survey, North, East and West of Caddo Lake on the state line and one in the E.E. Easterling 220 acre tract in the Martin G Nall Survey A-300, also on the state line North and West of Caddo Lake. The three year leases will run out in less than 1 1/2 yrs. We look forward to renegotiating if there is no activity before the leases terminate.
We also have two small producing interests in the Cotton Valley Formation in the Elm Grove Field (gas) and in the Redland field (gas and oil) West of Springhill, both in Bossier Parish. Old leases with no Pugh Clauses and not much chance of our being able to participate in the Shale there.
I spoke to Paul Wood, oil and gas lawyer, in Bossier yesterday who told me his business was about to fall off, probably, next week. Are you staying busy?
I understand that the price of gas needs to be closer to $6 than the present $3 before Chesapeake and others can make a decent profit. Does that sound right?
Please keep us posted if anything interesting happens and it is so good to be back in contact with you. Please tell your family hello for me(Frances aka Cissy).
Thanks,
Frances & Mills
Sep 12, 2009