Replies to This Discussion

Permalink Reply by Gayle Witherspoon on September 14, 2010 at 10:11

Schoeffler Energy out of Lafayette, LA

Permalink Reply by william mitcham on September 16, 2010 at 7:58

THANK YOU EVER SO MUCH!

Permalink Reply by Skip Peel - Mineral Consultant on September 14, 2010 at 10:30

william, there seems to be a connection between Schoeffler Energy and the leasing underway in the Columbia County, AR. townships by Triad. I'm not suggesting anything shady but it is unclear what company is behind the leasing and just what prospect is the subject of the leasing. A client recently asked me to look into the leasing in Columbia County where they own substantial interests. I am still gathering information and have advised the client not to sign a lease at this time.

Permalink Reply by william mitcham on December 1, 2010 at 15:48

Received a good lease offer yesterday for a small amout of acreage near Spearsville, La. from Expresso Energy out of Houston. 11/30/2010

Permalink Reply by Jimburgess on December 3, 2010 at 6:20

William....what would be a good offer for how much acreage near Spearsville?
Has Expresso been very active abd for how long?
Jim B.

Permalink Reply by william mitcham on December 5, 2010 at 14:49

JIM B., My offer was $300/acre, 1/5 th, 4 year lease with 3 year option, & standard clauses I chopse to put in. (Pugh clause, depth clause, no cost to landowner for production & transporting costs, damage clause, & other standard stuff). If I had more acreage on this place I would probably take offer, but I am trying to lump this spot, near Spearsville, with more acreage I have west of there, but still in Union & Claiborne Parishes.
later,
WCM