Anyone go to the BPCC thing Tuesday night? I was there and was very disappointed in the speakers. There was very little new info and most of the speakers were obviously on the "side" of the O&G companies. (Take "side" however you wish) I was out in the lobby handing out flyers about income tax effects of lease/royalty income and heard a lot of people leaving saying the same thing. The person they put up for "asset management" was good, if at this point what you are worried about is dying…
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Added by Kathy Morgan on July 31, 2008 at 4:29 —
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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…
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Added by Professor Fred on July 30, 2008 at 20:04 —
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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…
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Added by Professor Fred on July 30, 2008 at 19:56 —
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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.
Added by Professor Fred on July 30, 2008 at 19:18 —
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This morning there was a large convoy of over 30 large well service trucks from Pennsylvania pull into Shreveport on I220. I heard rumors that some companies were pulling off the Marcellus shale and moving into our area.
Added by tatterscreek B1 on July 30, 2008 at 10:03 —
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where was oil discovered near pleasant hill, louisiana
Added by BILL SMITH on July 29, 2008 at 3:49 —
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My first gohaynesvilleshale.com blog:
Haynesville asked me to do a blog every other week here on gohaynesvilleshale.com. I decided my first entry should be a little bit of history about how I got involved in all of this so here goes.
I have 3.5 acres in a Desoto Parish neighborhood. We were one of the first families to move into our subdivision. After my divorce I chose to stay here with my boys because it is such a peaceful area filled with good hardworking families. One of those…
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Added by Kassi on July 28, 2008 at 13:48 —
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This thing is going to have a big impact on taxes, social security and medicare benefits for people when they get money. Yet I've seen virtually nothing in the media or on websites about it.
I'll be right up front, I work for H&R Block during the tax season and have over 20yrs experience. But for the record, I am NOT pushing Block on anyone. Besides advice and questions are always free. ;-)
I've gone to a couple of meetings to brief on this and would like to go to as many more as…
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Added by Kathy Morgan on July 28, 2008 at 11:53 —
7 Comments
My first gohaynesvilleshale.com blog:
Haynesville asked me to do a blog every other week here on gohaynesvilleshale.com. I decided my first entry should be a little bit of history about how I got involved in all of this so here goes.
I have 3.5 acres in a Desoto Parish neighborhood. We were one of the first families to move into our subdivision. After my divorce I chose to stay here with my boys because it is such a peaceful area filled with good hardworking families. One of those…
Continue
Added by Kassi on July 27, 2008 at 19:00 —
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Is their a community group in this area? Twincities Development are they OK?
Added by c.t. rothschild on July 26, 2008 at 11:50 —
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"In the second quarter we announced an expansion of our sizeable positionin British Columbia's Horn River and Louisiana's Haynesville natural gas shaleplays. At Horn River, two of our recently completed wells are producing at avery strong first-month average rate in excess of 5 million cubic feet per day(MMcf/d). At Haynesville, during a two-day test, the initial flow rate of asecond horizontal well was 15 MMcf/d. These well results are exceptional andare a strong indication that the addition…
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Added by SLW on July 24, 2008 at 2:30 —
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FOR INFORMATIONAL PURPOSES ONLY
Here are some lease clauses that landowners can talk over with their attorney. These clauses are more favorable toward the landowner and cover a lot of different items that I have not seen mentioned in this forum. Paragraph 2. a. makes sure that you get the full market price of the sale of your minerals and that the company cannot make a "brother-in-law deal" with your minerals.
Remember, these are just samples to discuss. I may have a few…
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Added by insomniacnla on July 23, 2008 at 4:30 —
9 Comments
Please post contact name for this area
Added by Rotorooter on July 22, 2008 at 17:53 —
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Following in Chesapeake's Footsteps
http://www.fool.com/investing/value/2008/07/21/following-in-chesapeakes-footsteps.aspx
David Lee Smith
July 21, 2008
If you needed a clue why Chesapeake Energy (NYSE: CHK) CEO Aubrey McClendon is buying his company's stock hand over fist, BP (NYSE: BP) may have provided one. The Big Oil stalwart's taken a new interest in the path that smaller companies like Chesapeake and EnCana (NYSE: ECA) have followed to boost their…
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Added by Keith Mauck (Site Publisher) on July 22, 2008 at 15:20 —
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What % of taxes do you pay on the Sign on bonus?
Added by J W on July 18, 2008 at 4:09 —
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from MSN Money
Range Resources . Target $84. Stifel Nicolaus upgrades RRC to Buy from Hold and sets target price at $84 saying they believe Marcellus concerns have played out. The firm says Range was a darling of the E&P space in 2007 and into 1Q08, however as infrastructure delays and water permitting/cost questions emerged in the Marcellus Shale, investors began to sell the Marcellus names and Range was a go to call.
The firm says as the Haynesville Shale picked up…
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Added by Keith Mauck (Site Publisher) on July 18, 2008 at 3:23 —
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http://online.wsj.com/article/SB121632046936062689.html?mod=googlenews_wsj
Continental Shift: BP Is Latest Gas Player
Deal in Oklahoma
Signals the Return
To Interior Sources
By BEN CASSELMAN and RUSSELL GOLD
July 18, 2008
Oil giant BP PLC will pay $1.75 billion for natural-gas assets in Oklahoma, placing a big bet on North America's booming unconventional gas fields.
The deal with Oklahoma City-based Chesapeake Energy Corp. is the latest…
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Added by Keith Mauck (Site Publisher) on July 17, 2008 at 14:30 —
6 Comments
Does anyone know any news about this tract? It is so hard to find out information on proposed drilling sites. I would really appreciate any information someone could help me with.
Added by Debbie on July 17, 2008 at 9:48 —
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Information all should read here is the link ,
http://stockreportcard.com/pdf/haynesville_shale_jp_morgan_analysis.pdf .
map of pipelines in our area .
http://maps.google.com/maps/ms?msa=0&msid=104873555554469439198.0000011369913a0729e3e
Added by Greg on July 17, 2008 at 8:30 —
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Anyone know anything about property off of Caplis-Sligo, i.e. Shadow Ridge Drive? Who owns the mineral rights out there?
Added by Terry Allen on July 16, 2008 at 13:00 —
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