Ours was from Petrohawk agent. My wife's family controls these minerals and numerous cousins are chomping at the bit as I try to slow them all down. Can you say who you offers are from....and more importantly what it is you think you should get?
I cannot say who made the other offers, I agreed to confidentiality. As to how much I should get, I am trying to get a handle on that too. I have spoken to a couple of experts, attorneys and landmen, and they think that this area may become the most important part of the haynesville shale in the next few months. The wells that have come in are very good ones and that just raises prices. I think $2500 an acre is way too low.
Thanks for the update. Today was told by landman involved in our thing that they have 15 offers out similar to ours. I presume that one of those was the offer to you.
GJ Jasko
Nov 11, 2009
LA owner
Nov 12, 2009
GJ Jasko
Nov 13, 2009