Circle D I do not have any idea about reserves. More production history is needed to project and estimate. We will just have to wait as the numbers come out. Also, at some point in the future Devon may comment about them especially if they think it is material to their reserves.
He doesn't do email.....does that surprise you? On the 120 acres, he got offered $1500 per acre/ 20% royalty and said no. Next week 2500 per acre/25% royalty and is holding out for more per acre I think! This is the same place we were signing for for $12,500 last year when they withdrew. No interest yet on the other 3,000 acres. He is not going to get that major money offer again, but we will see. I NEED TO REDO MY BATHROOMS!!!! Part of my message just disappeared.... NW
Hi, do you have any more info on leasing in Winn Parish? I leased some acres in northwest part of parish to chesapeake a few months ago but was wondering what the latest activity is.
Do folk in that area think we are included in the HS?
Thanks for any help-I am in Rhode Island so I feel pretty isolated from the action.
I don't have any section #, but I can tell you what I know. Around the cross roads of Hwy 126 and 505 toward Winnfield and toward Dodson up to the Big pipe line west of Dodson. I spoke to a man yesterday just down the road from the well that was drilled by the big pipe line, and he told me that the land man has not made it that far east, he lives just east of the big pipe line on Hwy 126. The well is just west of the pipe line.
I see. I was looking at buying land in Joyce just yesterday but decided against it. I'm looking for land to grow timber on with the mineral rights but prices are really high right now. I'll think I'll focus more in NELA since things aren't out of control over there yet.
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More