My e-mail address is calais0929@aol.com. Look forward to seeing you tomorrow.

aubrey

Hi James,

Just got back from La. I got to visit Southern Stars Atkinson well last week. They were cutting cores and I got look at them. They looked good to me, but I am not a shale geologist. It will be interesting to see results of lab tests.

I will answer your questions as I understand it. MMCF is a measure of volume of gas. MMCFE is a measurement which converts oil to its equivalency of natural gas based upon energy produced by that oil.
166 barrels of oil would be about equal to 1 MMCF of gas. This is an approximation as all gas may vary in Btu's produced. I believe all natural gas is sold based upon Btu's actually produced. Don't quote me. I need to research a bit on this.

Yes, I would lke to go to breakfast on 24th. Just name the time and placBest regards,

Aubrey

Hi James, I just got back from 2 week stay in LA Sunday night. Saw obit. for Dr. Gladney. Sorry to hear about that.
As you can guess, I was somewhat excited about the Atkins-Lincoln well. They are now drilling vertical Haynesville test well. The other well you mentioned was permitted as Gray Sand well. It apears that after having to sidetrack and drill to Gray sd. You were right about Haynesville. It should be around 10,000 ft., +/-.
Give me call when convenient to you.
Aubrey

Jim,
It's good to hear from you. I'm not sure whether my property is in the HS play or not. Time will tell. Take care.
Bob

Hello Jim , I really don't beleive the State numbers are going to help. At this point they may be a hinderance. It is entirely too early in the play for O&G's to make that mistake again. When the Caddo numbers came out last month the $30k /30% that they got caused a serious jump in prices that people were asking for and expecting. Now that they are regrouping or at least trying to , they are holding prices down as best they can or not even leasing at all in some areas. If you look at the prospective drill sights in northern webster I believe that they may be a better indication of what we can expect then the state numbers. At this point they will sacrifice these small tracts , even if they are golden , for the greater good of further leasing in the parish. If they don't pay the state , then "surely the peasants wont expect us to pay them big bucks!" WRONG ! The well docket numbers are...08-1405 and 08-1406 by Nadel and Gussman LLC .Hearing to establish is Sept. 26, 2008. Designated as CV RA SUE and CV RA SUF for the Cotton Valley Formation Res. A and HA RB SUF and HA RB SUG for Haynesville Formation Res. B Delete Comment. Thanks and have a good day.

Hi Jim,
What was your lease offer in the 19n 12w area? I am not going to sign mine unless it is modified to be considerably more landowner friendly. It appears the lessee has more rights than the lessor.
OGCalifornia

I just received the the lease papers today(08-14-08). There is a lot of language in the terms of the lease that don't seen to benefit the land owner. I was told I was the las hold out in the area.