landowner Comment by MKMjust now Delete Comment
All - our lease just expired in August, after 5 years (3 initial, 2 additional option). We are in Ashland and were in a pooled unit, near Sec.18, T13N, R6W; was anybody else on this board in that same pool? If so, have you heard any news about prospects going forward, ie other companies likely to lease etc? if ever?
Chesapeake told me that they have no plans to renew our lease at this time.
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Permalink Reply by Skip Peel - Mineral Consultant on MKM, if you don't get any responses here, I suggest that you post your question in the Natchitoches Parish Group.
http://www.gohaynesvilleshale.com/group/natchitochesparishnetwork
Permalink Reply by Krkyoldhag on Sounds like a good thing to me. Five years was long enough to wait to get cheated. Good luck with search for a new company..it will happen.
Permalink Reply by Charlie Duke on Just a few months left and we will expire after 5 years too over in San Augustine county. Prep work was completed with road and site flagged when everybody just vanished back in the Spring.
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…
ContinuePosted by Char on May 29, 2025 at 14:42
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