Cara Leggett
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Old P HIll Rd. Lease Offer
21 Replies

Just got a call from Randon Dufrene who was representing GEP Haynesvlle Shale. He wanted my email address so he could send me info about a mineral lease offer. I don't have that email,yet. I have…Continue

Started this discussion. Last reply by Andrew Apr 9, 2018.

 

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Andrew replied to Cara Leggett's discussion Old P HIll Rd. Lease Offer
"The vast majority of leases today are not filed of record, because the operators do not want the public to be able find out what terms it has agreed to with other owners. You may find some good leases recorded from 2008 or earlier, as the Louisiana…"
Apr 9, 2018
Dion Warr, CPL replied to Cara Leggett's discussion Old P HIll Rd. Lease Offer
"EDIT: After some research... Wasn't designated in the LAC - it was enacted and codified as La. R. S. 44:104.  Until... January 1, 2011, when it was redesignated under Act 284 of 2010 to the Civil Code, effective the above cited date as La.…"
Mar 28, 2018
Dion Warr, CPL replied to Cara Leggett's discussion Old P HIll Rd. Lease Offer
"Skip: There was a period of time between mid-2006 to mid-2007 that a memorandum statute had been repealed (from the Civil Code) and there was no statutory allowance for filing of same until approximately a year later (under the Administrative Code,…"
Mar 28, 2018
Cara Leggett replied to Cara Leggett's discussion Old P HIll Rd. Lease Offer
"Me, too!!!  Actually, that's much more likely than my winning the lotto - since I rarely buy lotto tickets. ; )"
Mar 28, 2018
Cara Leggett replied to Cara Leggett's discussion Old P HIll Rd. Lease Offer
"Got it. I will be cautious. My area contacts with Legal Shield are in Alexandria, so if they have an oil and gas specialist for lessors they should be aware of Louisiana's peculiarities. But, I will research whomever they recommend. Do you have…"
Mar 28, 2018
Cara Leggett replied to Cara Leggett's discussion Old P HIll Rd. Lease Offer
"I'm a member of Legal Shield. They have a large group of attorneys on retainer, and I requested an oil and gas specialist for lessors. Once I get an attorney assigned, I will research to confirm expertise-because you told me it is important. ; )"
Mar 28, 2018
Cara Leggett replied to Cara Leggett's discussion Old P HIll Rd. Lease Offer
"Steve, Thank you for the information and advice. Based on other posts in different threads on GHS.com, I think some in my area were offered $1000 per acre last year, and, now, GEP is coming back to gather the rest of us into the fold. So, I am going…"
Mar 28, 2018
Brian Tannehill replied to Cara Leggett's discussion Old P HIll Rd. Lease Offer
"You bet, Cara Hope they hit a big one!"
Mar 28, 2018
Cara Leggett replied to Cara Leggett's discussion Old P HIll Rd. Lease Offer
"Thanks, Brian! I've started the process to obtain a knowledgeable lawyer. I appreciate your advice! "
Mar 28, 2018
Cara Leggett replied to Cara Leggett's discussion Old P HIll Rd. Lease Offer
"Thank you, Skip. I am definitely going to contact a lawyer. I made inquiries this afternoon and should hear something back fairly soon since I have to commit by April 6. I appreciate your advice! "
Mar 28, 2018
Steve P replied to Cara Leggett's discussion Old P HIll Rd. Lease Offer
"your property is about 10 miles SW of mine.  My property has had two wells drilled, both pretty good wells.  The second one is a very nice producing well that has a very slow decline in production after almost 2 years.  I have a lease…"
Mar 28, 2018
Brian Tannehill replied to Cara Leggett's discussion Old P HIll Rd. Lease Offer
"Cara, you can't afford NOT to hire a lawyer. You will be much better off in the long run."
Mar 28, 2018
Cara Leggett replied to Cara Leggett's discussion Old P HIll Rd. Lease Offer
"Thanks, Steve and Dion. Property is located at S19, T8N, R12W, Sabine Parish. I have been offered $700 per acre, royalty of 1/5th, for 3 years with 2 year option to renew at same price, paid up Oil and Gas Lease.  I also received a lease which…"
Mar 28, 2018
Dion Warr, CPL replied to Cara Leggett's discussion Old P HIll Rd. Lease Offer
"To Steve's point - Cara, if you can share section, township and range, that helps any interested folks on the site that may wish to assist; it provides an easier way to locate your property."
Mar 27, 2018
Steve P replied to Cara Leggett's discussion Old P HIll Rd. Lease Offer
"Cara:  GEP co-operates 2 HA unit wells i have land in that are a few miles west of Pleasant Hill in Sabine Parish.  GEP and Vine O&G operate the wells that they bought that were originally drilled by SWEPI and Encana.  I've…"
Mar 27, 2018
Cara Leggett posted a discussion

Old P HIll Rd. Lease Offer

Just got a call from Randon Dufrene who was representing GEP Haynesvlle Shale. He wanted my email address so he could send me info about a mineral lease offer. I don't have that email,yet. I have seen numerous oil/gas related vehicles going up and down Old Pleasant Hill Rd. for the last two weeks as I was doing yard work. How do I figure out if the offer is adequate for our area? I have never heard of GEP Haynesville Shale. What type of reputation do they have concerning trustworthiness?See More
Mar 26, 2018

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At 5:55pm on March 28, 2018, Skip Peel - Independent Landman said…

Cara, my O&G attorney is Randy Davidson, principal at Davidson, Summers APLC in Shreveport.  Randy represents mineral clients all over the state.  He, or any of the O&G attorneys in his firm can help you with a lease agreement.  For your case, I'd estimate a cost of $1000, or less.  You may contact Randy at 318/424/4342.  If Randy is not busy, you will speak directly with him.  If he is, you will speak with Jan or Julie, his assistants.  Let them know that I referred you.  Good luck.

At 7:42am on September 7, 2010, Skip Peel - Independent Landman said…
Cara, I do not provide legal advise as I am not an O&G attorney. The clauses contained in an Exhibit A vary based on the particulars of your mineral interest. The basic list would include a vertical Pugh Clause, a horizontal Pugh Clause and a No Cost Royalty. Depending on the details of your surface, if you own the surface, you would want a No Surface Use clause. There is a lot of information concerning lease language here in the site archives. I suggest that you do a little research and then ask questions about anything you do not understand. Good Luck.
At 10:23am on September 6, 2010, Skip Peel - Independent Landman said…
Cara, please do not depend solely on your friends. I have clients who have leased multiple times over the last 25 years and never had a decent lease before they hired me. Do not confuse your friends' past leasing as conferring any expertise. Forget the lease form for now as what you need is a good basic Exhibit A Page. That is where an experienced O&G attorney comes in. Pay to get a good Exhibit draft and then ask the attorney to review the lease before you execute it.

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