Professor Fred
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  • ARLINGTON, TEXAS
  • United States
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Anybody interested in forming a group in Shelby County, Texas- to leverage our negotiation power?

Anybody interested in forming a group in Shelby County, Texas- to leverage our negotiation power? We have common interest- we will be more successful working together as a group of landowners in Shelby County- than to let the O&G companies- give us low-ball individual offers.



I also own several properties in the Barnett Shale in North Texas- and we have join together to negotiate leases for the entire neighborhood- with great success. Initially, O&G companies… Continue

Posted on July 31, 2008 at 2:04am

Let's learn from landowners in North Texas and the Barnett Shale

I own about 100 acres in Shelby Co, Texas- and I also have five properties in the Barnett Shale - in North Texas. The first lease I signed with only got $2000 per acre in August' 2007. I signed my second lease in April'2008- and we received checks on the day of signing (not drafts) for $23,000 per acre with a 25.5% for a 3 year lease- which is renewable after 3 years with an additional cash bonus at that time of 3/4 of the initial bonus. Prices continue to go up ... now landowners are getting… Continue

Posted on July 31, 2008 at 1:56am — 1 Comment

Ellora Energy and Chesapeake Energy Corporation sign an agreement for leasehold in Shelby Co.

Ellora’s recent activity is their binding agreement with Chesapeake Energy Corporation executed on June 4, 2008, in which Chesapeake agreed to acquire a 65% working interest in Ellora’s deep rights in East Texas to target the Haynesville Shale formation. To consummate this agreement between Ellora and Chesapeake, Chesapeake agreed to pay Ellora $350 million in cash.

Posted on July 31, 2008 at 1:18am

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At 5:18pm on January 23, 2009, Keith said…
Hello Professor fred,my name is keith...I would like to talk with you cencerning drilling issues to gain some knowledge concerning the Haynesville Shale
At 1:22pm on August 21, 2008, Keith Mauck (Site Publisher) said…
Hi, well i actually just started a sister site to this one and wanted to let you know about it. www.GoBarnettShale.com.

You be blessed as well

keith
At 11:56pm on July 31, 2008, SuzyQ said…
Professor Fred,
Is your land on 417 East or 417 West?

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