Pinebelt Leasing

Just got call from Pinebelt wanting to lease small amt of acreage for $200/acre, 4 yrs w/4yr renewal @$200 per acre...they would not say if they were looking at oil or gas...is this a typical offer?

Views: 72

Replies to This Discussion

Permalink Reply by North LA on June 23, 2010 at 14:25
That has been typical in the area. What was the percentage?
Permalink Reply by Christine Thompson on June 24, 2010 at 2:15
They offered 20%.....the guy indicated that Pinebelt is trying to tie up as much of the Parish as possible ...do you know what they are going for?
Permalink Reply by JB13 on June 24, 2010 at 3:36
The Brown Dense is what I have been told.
Permalink Reply by Marc Stepman on June 24, 2010 at 3:44
Does the Brown Dense formation extend all across the stateline area?
Permalink Reply by Mary Alison Anders Knighton on June 28, 2010 at 11:49
I would trust Pinebelt. I signed with them. I don't totally know what they are looking for, but I know it is a new thing. This is a typical offer, however it depends on your land and location.

RSS

Support GoHaynesvilleShale.com

Top Content 

1 "Rebalancing Volumes"

"Rebalancing Volumes"
2 BPX hits it out of the park with 3 Bossier Parish CULs

BPX hits it out of the park with 3 Bossier Parish CULs
3 Lithium Brine Lease letter from Red Oak East, LLC - Location Cass County, TX, near Naples, TX

Lithium Brine Lease letter from Red Oak East, LLC - Location Cass County, TX, near Naples, TX
4 Texas Smackover Lithium Play

Texas Smackover Lithium Play
5 Tariffs, Financial Uncertainty Complicate Data Center Development

Tariffs, Financial Uncertainty Complicate Data Center Development
6 Why powering data centers with gas fired electricity comes with problems

Why powering data centers with gas fired electricity comes with problems
7 Watch Skip Peel's Interview with the University of Minnesota on the Haynesville Shale

Watch Skip Peel's Interview with the University of Minnesota on the Haynesville Shale

Blog Posts

Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??

In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of)  nor local residents appear to have received any compensation for the minerals extracted from their land.

This area has suffered immense environmental degradation…

Continue

Posted by Char on May 29, 2025 at 14:42

Not a member? Get our email.

Groups



© 2025   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service