Circle D I do not have any idea about reserves. More production history is needed to project and estimate. We will just have to wait as the numbers come out. Also, at some point in the future Devon may comment about them especially if they think it is material to their reserves.
He doesn't do email.....does that surprise you? On the 120 acres, he got offered $1500 per acre/ 20% royalty and said no. Next week 2500 per acre/25% royalty and is holding out for more per acre I think! This is the same place we were signing for for $12,500 last year when they withdrew. No interest yet on the other 3,000 acres. He is not going to get that major money offer again, but we will see. I NEED TO REDO MY BATHROOMS!!!! Part of my message just disappeared.... NW
I've heard that Exco is currently acquiring leases on acreage that Anadarko previously had under lease but which they dropped. This acreage is situated to the East of their production in Vernon Field.
Hi, do you have any more info on leasing in Winn Parish? I leased some acres in northwest part of parish to chesapeake a few months ago but was wondering what the latest activity is.
Do folk in that area think we are included in the HS?
Thanks for any help-I am in Rhode Island so I feel pretty isolated from the action.
Marley
So the map looks as if they are going to head east of Dodson towards the Sikes area. I wonder if they will decide to do more of Winn parish or what info anyone may have on this.
I don't have any section #, but I can tell you what I know. Around the cross roads of Hwy 126 and 505 toward Winnfield and toward Dodson up to the Big pipe line west of Dodson. I spoke to a man yesterday just down the road from the well that was drilled by the big pipe line, and he told me that the land man has not made it that far east, he lives just east of the big pipe line on Hwy 126. The well is just west of the pipe line.
I see. I was looking at buying land in Joyce just yesterday but decided against it. I'm looking for land to grow timber on with the mineral rights but prices are really high right now. I'll think I'll focus more in NELA since things aren't out of control over there yet.
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Oil & Gas ProJim York said…
I've heard that Exco is currently acquiring leases on acreage that Anadarko previously had under lease but which they dropped. This acreage is situated to the East of their production in Vernon Field.
Do folk in that area think we are included in the HS?
Thanks for any help-I am in Rhode Island so I feel pretty isolated from the action.
Marley
landownerlee said…
landownerJim 007 said…
landownerJim 007 said…
landownerNorth LA said…
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