"Was the H2S related to lithium extraction?"
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Franklin County
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I thought there was a group for Franklin County, but I guessed I dreamed it. Anyone interested? I know a bunch of us have been contacted by Standard Lithium for brine leases. Some have signed. We…Continue
Started this discussion. Last reply by Skip Peel - Mineral Consultant Aug 31, 2023.
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Lisa replied to Skip Peel - Mineral Consultant's discussion Arkansas Smackover Lithium Play"“H2S is an extreme danger to those in close proximity to the source.”
Again showing my ignorance. What is H2S? When does it affect landowners— like those living on the property or having cattle on the property?"
Lisa replied to Skip Peel - Mineral Consultant's discussion Texas Smackover Lithium Play"I had asked for an O&G attorney familiar with the lease process. You recommended one in Shreveport— but I can’t find the info in this thread. Would you share again? A family member wanted me to try to find a O&G Texas attorney…"
Lisa replied to Skip Peel - Mineral Consultant's discussion Texas Smackover Lithium Play"Do I understand this correctly:
In visiting with the land man that’s been pursuing us, it will be in our lease that they can not enter our property or use the surface in anyway for drilling without explicit permission. This lease is just…"
Lisa replied to Skip Peel - Mineral Consultant's discussion Texas Smackover Lithium Play"Thanks!! I’ll share that with my relatives. I’ll be sharing the attorney expenses with two others, and they prefer someone in Texas, maybe in Tyler area or DFW. Any extra names there?"
Lisa replied to Skip Peel - Mineral Consultant's discussion Texas Smackover Lithium Play"I talked to the guy who approached us. They are indirectly representing Standard Lithium. The offer is indeed a great starting place. We’ll be meeting with an O&G attorney soon. Recommendations welcome!!!!"
Lisa replied to Skip Peel - Mineral Consultant's discussion Texas Smackover Lithium Play"The guy talking to us stated the company he is representing, but I can’t remember it— probably because of my assumption it was all for SL.
I’ll ask him the next time he calls."
Lisa replied to Skip Peel - Mineral Consultant's discussion Texas Smackover Lithium Play"Also, I realized that I wrongly said as fact that the offer is indirectly from Standard Lithium. I was thinking about it this morning and realized that someone told me something quite a while ago that made me think that the people talking to locals…"
Lisa replied to Skip Peel - Mineral Consultant's discussion Texas Smackover Lithium Play"I’ve heard some complicating issues from a friend who visited with a o&G lawyer. I don’t have all the info yet— but I’m pushing the brakes hard for now."
Lisa replied to Skip Peel - Mineral Consultant's discussion Texas Smackover Lithium Play"The new offer is $200/acre bonus (up from $60) and $175/acre/year if it goes into production (up from $40). I think it’s a five-year lease with the option to renegotiate at the end of the five years. The past offer was fifteen years in five…"
Lisa replied to Skip Peel - Mineral Consultant's discussion Texas Smackover Lithium Play"My cousins and I would like to discuss all this with a knowledgeable O&G attorney. Recommendations?"
Lisa replied to Skip Peel - Mineral Consultant's discussion Texas Smackover Lithium Play"Should I try again?"
Lisa replied to Skip Peel - Mineral Consultant's discussion Texas Smackover Lithium Play"I shared detailed info, but I guess that was not in keeping with site protocol— and that reasonable and fair. It was deleted."
Lisa replied to Skip Peel - Mineral Consultant's discussion Texas Smackover Lithium Play"Do y’all think they’ll eventually switch to percentage royalties? Good signing bonus?"
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Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
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