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Permalink Reply by RBH on December 30, 2009 at 7:47

In 2008, the United States Fish and Wildlife Service (USFWS) opened an investigation into Hawk Field Services’ activities in the Fayetteville Shale Play. The investigation focused on the pipeline stream crossings and potential impacts on the Speckled Pocketbook. On approximately April 22, 2009, we were informed by the United States Attorney’s Office for the Eastern District of Arkansas and the Environmental Crimes Section of the United States Department of Justice that we are under criminal investigation concerning allegations related to the Federal Clean Water Act and the Federal Endangered Species Act. The full details of the investigation are not known. We, through our outside counsel, are reviewing the matter. At this time, we are not able to estimate our potential exposure related to this matter.
http://sec.edgar-online.com/petrohawk-energy-corp/10-q-quarterly-re...

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Permalink Reply by Cary Jerome Marston Huff on December 30, 2009 at 7:49

After a tax increase, Oil and Gas Producers left Arkansas in droves. But for general knowledge to the Haynesville Shale:

Mineral leases are up to 5/16 in Prime areas in the Fayetteville Shale. Normally 1/5th mineral Interest are given now. Oil and Gas Producers came into Arkansas Fayetteville Shale offering 25.00 bonus and 1/8 mineral lease. Before any wells were drilled, some of the landman were telling the mineral owners that all they could only give them 1/8 mineral interest. The next door neighbors, in the same section, a few weeks later was offered a 3/16 and a 1/6th mineral interest. Same Unit, but different mineral interest.

Prior to Arkansas, in Oklahoma, it was normal to receive a 3/16 Mineral Interest.

The Department of Energy (DOE) gives energy Producers DOE Short Term Outlook. This is a 4 year Outlook. Why are there back to back radical changes to mineral leases in a Shale Play? Ignorance of the Mineral Owners.
Producers will offer 1/8th to the Haynesville Shale Mineral Owners for as long as the Mineral Owner are ignorant and will lease at that Mineral Interest.

Who is out there to protect the Mineral Owners? No one.

A poor mineral owner/ Creek Indian in Henrietta, Oklahoma named Jackson Barnett had serious oil and gas problems. It was so bad, The United States Congress Enacted the Indian Protection Act. It took a while, but something was done. Jackson Barnett's great, great grandson Cary Huff lives in the Arkansas's Fayetteville Shale. He is in a major lawsuit with an oil and gas producer. How this Cross Action lawsuit goes can reflect how mineral owners/ land owners are treated in the Fayetteville Shale - possibly throughout the United States. Like Jackson Barnett there is alot of documented material. There is 73" high of documented material evidence. Jackson Barnett didn't have half this. Justice and a trial by Jury will open up January or February, 2010. Can wrongs be corrected through litigation? Why did it get this far? It is sad things had to go this way. Due Process will unfold in Clinton, Arkansas, and a possibly a Class Action lawsuit will follow. There is no other way to go with this. SEECO/ SWN been a good partner in the Fayetteville Shale Play. As long as Oil and Gas Producers are good partners, and fair, Congress will look the other way.

Cary

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