Replies to This Discussion

Permalink Reply by jffree1 on April 21, 2010 at 12:20

He may be trying to make you believe that he is your only option for a lease at the moment. It comes to mind that the same story made a round several weeks ago about Cabot.

I wouldn't be surprised if leasing slows way down... gas is less than $4.00/mcf right now.

Permalink Reply by Phillip Ware on April 26, 2010 at 15:29

Hey jffree, ... you, Skip and Cherleader (I'm certan there are more) should have a fan club, I enjoy all your posts. Seeking advice (from all members) for S.A. Co., only 11.8 nma or about 71 nma as a family. With the NG price so low, is there any rush in paying a retainer to an attorney to begin solicitation for a lease expiring in November? What do ya'll think about soliciting offers as an owner, then paying the retainer for negotiation only? Just looking for a strategy. Ya think another Kardell, say Ironosa if successful would exert upward pressure on potential bonus rates? Thanks in advance for your time. My apologies if misplaced.

Permalink Reply by j garrett on April 26, 2010 at 16:58

I'd say just sit tight. Do nothing for now.

Permalink Reply by jffree1 on April 26, 2010 at 17:08

Phillip Ware, you have been given good advice. I wouldn't do anything right now. There are 9 or 10 HA wells in the county that we are all waiting to hear results on. Could be you will hear about one near you before November.

Permalink Reply by Cheerleader on April 28, 2010 at 19:26

I agree. The future of these wells will substantiate your position.

Permalink Reply by Cheerleader on April 21, 2010 at 19:14

Devon pulling out of San Augustine??? Whoever this "landman" is tell him to stop insulting your intelligence.

Permalink Reply by jerry smith on April 23, 2010 at 2:20

land men like this is what makes the oil business bad he need to be band from the trad

Permalink Reply by Cheerleader on April 23, 2010 at 18:17

Is the Pope "pulling out" of the Vatican???

Permalink Reply by 5thGenTexan on April 28, 2010 at 2:05

Bad form!

Permalink Reply by catfish on April 29, 2010 at 9:40

Does anyone know of the current price per rod for a pipe line to cross a portion of your property from 1 well to another? We were told (by the company man that he only could pay $225/rod. Another person in the business has told us that $250/rod was the current amount in San Augustine county. Anyone have any other info? Neither well is on our property nor or we included in the units. Thanks

Permalink Reply by jffree1 on April 29, 2010 at 12:38

Catfish, that is a great question. If you would start a new discussion with this question it should get lots of response considering all the pipeline development announced recently.