Replies to This Discussion

landownerPermalink Reply by BLZBub on July 3, 2008 at 6:08

Not sure about section, but near by got $4,000/acre bonus & 25% royalty

Permalink Reply by Coach_SC on July 3, 2008 at 12:40

Robert, thank you for your reply. Why do you think this bonus is so low when compared to the rest of Red River Parish ? Do you know what company was involved?

landownerPermalink Reply by BLZBub on July 4, 2008 at 15:44

BTW our land in T14N R10W. Company involved was Pride Oil fronting for Encana. Been property owners Red River Parish for years & never offered any where close to this in past. Our adviser has been in the leasing business 30+ years and has never seen anything like this. We would have probably settled for much less without his help. All this went down in March/April.

Permalink Reply by Gary on July 7, 2008 at 17:15

Coach go to sonris lite click lease sale & tract history click choose a lease date enter 6/11/08 click submit query scroll down till you see red river parish some state leases in your area 35 ac @11,750 & 44ac @13,179 farther west in T13 R10&11 258 ac @17,179 hold off the train @ coming

Permalink Reply by Coach_SC on July 13, 2008 at 17:25

Gary, thanks for your information. I have been out of the country for about a week and am just now catching up on all the info.