True Texan's Blog (1)

Thinking About Signing A New Lease? You Better Read Every Line!

Thinking About Signing a New Lease?  You Better Read Every Line!

The newest lease to cross my desk was for a time period of (3) years.  We didn't want an extension clause because we want them to drill.  So what did they do to try to get an extension? Write in a clause saying that this new lease would auto renew every 90 days for $1.

After reading some of the post here on GoHaynesvilleShale.com and dealing with some of the new land man.  I'm losing all trust in…

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Added by True Texan on September 27, 2013 at 22:05 — No Comments

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Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??

In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of)  nor local residents appear to have received any compensation for the minerals extracted from their land.

This area has suffered immense environmental degradation…

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Posted by Char on May 29, 2025 at 14:42 — 1 Comment

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