Yeah - brother in law is the guy who is in the "oil business", meaning he drives a truck to and from well sites!!! It's really hard for the hubby not to call bulls*** on him whenever he opens his mouth. Any idea why the offers in Southgate estates (South Bossier) aren't going up?

No this was a deal for one person who owned 1/4 acre and that was it. This "story" came from my brother-in-law who "knows" several people that have been able to negotiate this type of deal. Thanks for clearing that up for me!

Randy,
I have heard that some landowners w/less than an acre have been paid the full per acre bonus. Example: One person supposedley was paid $5,500 for a 1/4 acre of land - offers in his area have been $5,500 for an acre. Can I believe this to be true?

Randy,

I am very interested in becoming a landman (I know that 10,000 people must be interested in the same thing in North LA right now!). I have experience in title and abstract work. I was wondering if you would mind giving me some advice, or at least pointing me in the right direction.
I don't even know if it a feasible option-all of the information I have come across tells me that people are looking for "experienced landmen" only. I have been considering taking a landman course offered in Baton Rouge but would like more information before investing the $5000.00 course fee.
I am a fast learner, love the courthouse work, am able to travel (I live in Central Louisiana) and I am not easily intimidated. I just don't know where to start.
Would you mind giving me some advice?
You can email me @ citizenjane28@yahoo.com.
Thank you!

You have been very helpful in answering my questions. I appreciate your input in this forum. Thanks Again!

thank you very much ...thought that was correct but just making sure

Also it seems it takes so long for this title to clear ... I would think since we leased our minerals to another company a few years ago ...everything should be fine wouldn't you think ? doesn't every oil and gas company that leases have to do a title and mineral search to make sure everything is clear ?

If there is a well in your section...but it is a shallow well and not a unit well , (I believe was the description) That doesn't tie up anyone elses mineral rights in that section does it ? Everyone in the section "other" than the persons property the well is on is free to lease ...is that correct ? Thanks for any help in this...you seem very helpful on this forum and I appreciate it...

Randy , may I ask you a question or an opinion on something please ?

Thanks

Randy, we have thread titled "Clauses" in the Bossier Parish group and need some info about subordination clauses, can you chime in? A group of residents were told after signing that the funds would be going to their mortgage company. I really need to settle this question because I don't want to mislead anybody in my HOA. Thanks

If you come across an answer, I'd like to know. I have five acres between the locations staked in the north part of section 19, T19N, R13W and a staked location in sect 30 (near Cash Point... all on the west side of Benton Rd.

I don't know who owns the river bottom, Red River I'm talking about. Maybe the state owns it. I'm wondering if the state would participate in royalties? or would only the remaining owners in that section receive royalties?

Randy,
I left you a comment below about how the land covered by the river is figured into the area of a section. Do you know anything about that?

Ok Thanks!!! :o)

Oh that's weird. I got an offer two days ago from Twin Cities that's why i was wondering who you were with and if there were more landman in my area. Thanks though.

Randy,
Do you know if there is any activitiy in my area i am in Township 18 Range 14 Section 30 ? Also what o/g co. do you represent?

Randy, I have a question and maybe you can help me. I own a few acres next to Red River (sec 19, T19N, R13W). The river cuts thru that section. If there are royalties to be paid, how will that area under the river be handled? I would estimate that this section is approx 2/3 land and 1/3 river. Any insight would be appreciated.

Sorry, it was supposed to say "Can the landowner ASK for a new landman?". We have 26 acres.

Randy,

Thanks for answering our questions on here. What does a landowner do if they do not feel comfortable with the landman they are dealing with for Chesapeake? Can the landowner for a new landman or would they just have to deal with it or lease with another company? I just don't care for having someone raise their voice at me because I did not want to sign a Notice of Intent. I have similar offers from XTO and Petrohawk but I would rather have Chesapeake but I don't care to deal with the same landman again. He even said that he was not going to tell me the offer unless I signed the Intent notice first.