"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 —
1 Comment
Does anybody know anything going on in Section 30, Township 11 in DeSoto parish? My grandmother owns 100 acres there.
Added by Ellen Walter on July 15, 2008 at 8:47 —
3 Comments
The theme of this week is Snake-Oil Salesman and making enemies.
There seems to be a consensus among those with whom I speak to that there are a lot of people asking you to pay them millions of dollars to not do much. I was at one of these meeting in Sabine parish near Toledo Bend last Wednesday. The gentleman got up and essentially said, “My uncle is an Oil and Gas Attorney and he’s got a mean lease” now give me millions. The guy was unprepared as was evident when the older, but…
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Added by Keith Mauck (Site Publisher) on July 15, 2008 at 4:57 —
17 Comments
July 15, 2008
shreveporttimes.com
Mansfield wants to get in on mineral rights leasing
By Vickie Welborn
vwelborn@gannett.com
MANSFIELD — With 113 acres here, five acres there, one or two acres over yonder, the city of Mansfield could stand to gain some unexpected revenue if oil and gas companies zero in on the city for potential natural gas exploration and drilling.
That's why Mayor Curtis McCoy asked Marjorie McKeithen, the state's…
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Added by Keith Mauck (Site Publisher) on July 15, 2008 at 4:23 —
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Some Bossier Parish residents could become $8,000 dollars richer. Many Dogwood South community members have decided to sign over their mineral rights to cash in on the Haynesville Shale. People who live in area say their Homeowners Association made a deal with Twin Cities Development. They tell KTAL if 90 percent of their community members sign over their rights each resident who signs will receive more than $8,000 per acre. One resident says he recently signed his name on the dotted line. Mark…
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Added by Anna Mauck-Member Services on July 7, 2008 at 11:15 —
4 Comments
Check this out fellow Haynies! Sounds good for us - news worth the wait!
*****************************************************************************************************
The Haynesville Shale is likely to become America's largest natural gas field and perhaps the fourth largest in the world, Chesapeake Chairman and CEO Aubrey McClendon disclosed Wednesday in a conference call with its newest partner, Plains Exploration and Production Co.
Oklahoma-based…
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Added by Anna Mauck-Member Services on July 3, 2008 at 7:30 —
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Looking for assistance in the township section 23, range 15 north, 13 west, Fierson, LA. With all the freezy going on, what drilling companies are operating in this area? What lease offers have been offered in this area. Property of approximately 46 acres across from Whitaker Wells.
Haven't been made any offers of lease nor approached by any Landsman. Interested in getting the property leased.
Added by Hardy Cook on July 2, 2008 at 18:23 —
7 Comments
can we start a lincoln group on this sight. if so does anyone know how to set it up?
Added by conebreadcuz on July 2, 2008 at 16:17 —
4 Comments
Found this link on tigerdroppings.com. Makes a good read. Check out the paragraph on number of rigs too.
"OKLAHOMA CITY & HOUSTON--(BUSINESS WIRE)--Chesapeake Energy Corporation (NYSE:CHK - News) and Plains Exploration & Production Company (NYSE:PXP - News) (“PXP”) today announced they have entered into a Haynesville Shale joint venture (the “JV”) in North Louisiana and East Texas."
http://biz.yahoo.com/bw/080701/20080701006524.html?.v=1
Added by Duster on July 1, 2008 at 15:14 —
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The Haynesville Is Hot
http://www.fool.com/investing/value/2008/07/01/the-haynesville-is-hot.aspx
Toby Shute
July 1, 2008
It seems that not a day goes by without some news out of the smoking-hot Haynesville shale. The news flow is downright torrid for such an early-stage natural gas play. Of course, few investors had heard of companies like Goodrich Petroleum (NYSE: GDP) or GMX Resources (Nasdaq: GMXR) before Chesapeake Energy (NYSE: CHK) blew the story…
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Added by Keith Mauck (Site Publisher) on July 1, 2008 at 11:39 —
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Chesapeake and PXP Announce Haynesville Shale Joint Venture
Tuesday July 1, 4:43 pm ET
OKLAHOMA CITY & HOUSTON--(BUSINESS WIRE)--Chesapeake Energy Corporation (NYSE:CHK - News) and Plains Exploration & Production Company (NYSE:PXP - News) (“PXP”) today announced they have entered into a Haynesville Shale joint venture (the “JV”) in North Louisiana and East Texas.
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PXP has agreed to acquire a 20% interest in Chesapeake’s…
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Added by Keith Mauck (Site Publisher) on July 1, 2008 at 10:48 —
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