Jay Murrell
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  • Shreveport, LA
  • United States
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Exco (Winchester) - HA RA SUB; Lattin 24 # 4/ Section 24, T14N-R14W 16,677 Mcf/day
22 Replies

Started this discussion. Last reply by Spring Branch,mineral owner Apr 18, 2009.

Impeach any Louisiana Pol who votes aye on Obama's Budget
4 Replies

Started this discussion. Last reply by Jay Murrell Apr 16, 2009.

Tea Party - April 15th, 5 o'clock at Bossier Municipal Complex
40 Replies

Started this discussion. Last reply by Jon Williamson Apr 17, 2009.

 

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How would you describe yourself?
Oil and Gas Professional

Comment Wall (14 comments)

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At 8:20pm on April 14, 2009, Keith Mauck (Site Publisher) said…
if there's an offense I deal with each individually
At 8:20pm on April 14, 2009, Keith Mauck (Site Publisher) said…
Not sure what happened here...I didn't delete
At 10:17pm on April 12, 2009, sesport said…
Thanks for the input re. LOC changes. Best - sesport
At 7:34pm on April 12, 2009, Babs Lloyd said…
Jay-
Great to talk to you. New to this site and it is cool. Finished a job last week and looking. Any ideas?
Call me, be great to talk to you. I want to tell you about another site.
Thanks-Babs
318-828-1433
At 6:18am on April 10, 2009, sesport said…
Here's 5 points & a "Featured Shaler" vote. :0)
At 4:50am on April 5, 2009, lanadan Ds3 said…
It's "Four In The Mornin" (with apologies to Faron Young who sang the song) and I have nothing better to do, so I'll throw another "Uncle Earl" truism at ya': ". . . there's more than one way to kill a cat than stufffin' him full of buttermilk! . . ." (whatever that means)

Have you ever read A.J. Liebling's book "Socks on a Rooster"? Funny as all get-out. Or, better yet, get a copy of the old LP "Red-Hot Papa", I believe is the name. It's a classic around B.R.
At 10:47am on March 31, 2009, herefordsnshale said…
Hi Jay,

It looks like there may not be any need to worry about the community property issue. I just found out yesterday Petrohawk has already lost IP's acreage in the section (440 acres). They didn'y pay the delay rentals and IP has already leased to Chesapeake. So it's likely Chesapeake will make a play for the rest of the section once the leases start expiring this fall. Hopefully the NG price will not tank before then!
At 3:54pm on March 27, 2009, herefordsnshale said…
Hi Jay, I didn't know the issue was going to be quite as big a can of worms as it is. It looks like the sticking point is whether the property is actyally communitized, I would think it was since both out names are on the mortgage. But like I said it may well we a moot point, I hope it is. I still believe if Petrohawk wants to keep the lease they will drill it before it expires, if that happens I won't say anything.
At 9:12pm on March 26, 2009, herefordsnshale said…
Jay,

Here's how it went: I originally bought a 50 acre tract in 1994. I got married in 2003, in 2004 we decided to build a house so we surveyed off 10 acres of the 50 and used the equity for a down payment and refinanced the balance on the remaining 40 acres, it then went into both our names. The mineral lease was signed in 2006. The only recorded deed is the original one from 1994. If they drill a well or drop the lease I don't plan to say anything. I was only thinking of bringing the issue up if they choose to renew the lease.
At 7:55pm on March 26, 2009, Two Dogs, Pirate said…
Your lease as a single man over rides everything else. You granted the lease so you should stand by what you did. Why would you think any different?

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