Replies to This Discussion

Permalink Reply by GoshDarn on May 21, 2012 at 8:23

Can only hope that this oily stuff continues on down to South Bossier Parish -- y'know, all the way down to 16N 11W.

That'd really make my day, cher.

Permalink Reply by inthestix on June 3, 2012 at 15:48

Leasing offers up to $325 per acre by in T22 by Merit !

Permalink Reply by Skip Peel - Mineral Consultant on June 3, 2012 at 15:50

What royalty?  And range?  22N - ?

Permalink Reply by inthestix on June 4, 2012 at 7:15

still only offering 20% and range 12W , I wont tell what section, land owner ask me not to! 

Permalink Reply by Skip Peel - Mineral Consultant on June 4, 2012 at 7:32

Thanks inthestix, the section isn't needed.

Permalink Reply by inthestix on June 4, 2012 at 12:18

Skip,  there was word that leaked out or maybe just a rumor that the company leasing was going to drill a deep expensive well! Horizontal??  There is a 25 square mile 3D survey that was done in this area 2 years ago floating around in someones possession!  Interesting!

Permalink Reply by Skip Peel - Mineral Consultant on June 4, 2012 at 12:55

I look forward to Merit recording their first leases in Bossier.  That may help connect a few dots. 

Permalink Reply by inthestix on June 4, 2012 at 13:26

Thanks Skip,  so far landowners that have signed have no $.  That also puzzles me unless they have a draft.   I will have to ask them!  I do know that some of the larger landowners ask for more than the offer and they have not contacted them again yet. Looks like they are making first contacts and hoping landowners will take first offer before they come back.

Permalink Reply by inthestix on June 6, 2012 at 10:39

Another offer from Merit to a neighbor with small amount of acreage, $350 and 20%. T22R12W.

Permalink Reply by Liz on June 6, 2012 at 10:54

I have small acreage in T23R12W, offered $300/acre and 20% from Merit. Called O&G attorney and they said it was a good offer for my location, no recommended changes to the lease.  30 day Draft was presented with lease, but hasn't cleared yet (it's been approximately 2 weeks since I presented it to the bank).

Permalink Reply by GoshDarn on June 6, 2012 at 11:15

Liz, I know it's none of my business, but I was just wondering what law firm that was?

Permalink Reply by inthestix on June 6, 2012 at 12:20

Firm must not know too much about this area since i have been getting 22.5 for the past 3 yrs on a well i have land in a unit!  But i am in T22. Although we are dealing with a different land leasing company. I do have a close friend that got 25% and $300 in T23.

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