Replies to This Discussion

Permalink Reply by Jasmine on July 16, 2008 at 15:49

My Mom just told me that she heard they (not sure which company) are offering $16,500.00 per acre. She lives very close to Hall Summit. They have maps showing them where the most oil is at,but they're not showing it to the land owners. She also said the offers are supposed to get even better!

Permalink Reply by randy on August 1, 2008 at 14:48

jasmine i would appreciate any info or phone #'s concerning land between hall summit and east point I grew up around hall summit but have lost contact around there...thanks for anything or amounts offered..

landownerPermalink Reply by BLZBub on August 2, 2008 at 9:13

Leased in April to Acadiana (they are fronting for Encana & Shell). Got $4000 bonus & 25% royalties. Just heard of offer >$12,000 near Hall Summit.

landownerPermalink Reply by Cassie on August 3, 2008 at 4:41

LOOK ALL THESE PRICES OF 12000 OR 16000 ARE BOGUS FOR HALL SUMMIT I HAVE TALKED TO EVERYONE BETWWEN THE HIGH SCHOOL AND CROSSROADS AND 4000 AN ACRE WT 25% ROYALTIES IS THE ONLY OFFER OUT THERE. I TOOK IT AND GLAD I DID.

Permalink Reply by Jasmine on July 16, 2008 at 16:44

They are not the only company.Encana is around there very close to you. I am told that the longer you hold out the better the offer. Three(3) years ago they were paying 100.00 an acre. Now they are offering 16500.00,two (2) days ago the top price was 13000.00 . I'm in Martin.

Oil & Gas ProPermalink Reply by Les Bamburg on July 16, 2008 at 17:14

Jasmine, which Section-Township-Range are you located?

Permalink Reply by Jasmine on July 16, 2008 at 17:51

Section 28. Township & Range I'll have to get tomorrow,I'm also new at this. It's on the Carroll Creek Rd.

landownerPermalink Reply by Cassie on July 16, 2008 at 17:29

JASMINE I WAS OFFERED 4000 AN ACRE W/T 25% ROYALTIES. SO YES HOLDING OUT IS ON MY LIST. BUT THOSE OFFERS YOU MENTIONED I THINK ARE FOR LANDOWNERS W/T 100 ACRES OR MORE...I THINK. I HAVE ONLY ONE ACRE.

Permalink Reply by Jasmine on July 16, 2008 at 18:11

I don't know about the 100 acres or more. My Mom kinda keeps me up to date. She goes to Kayla s' Cafe,you know all the people that are in and out of there...talking and drinking coffee. So she gets alot of info. from there. Looks like they would want to pay more for a small amount of land ?

Permalink Reply by Jasmine on July 16, 2008 at 18:21

You might want to talk to your neighbor (Charlie R.) he could probably give you some info. I asume you know him ?

landownerPermalink Reply by Cassie on July 17, 2008 at 10:02

NEVER HEARD OF CHARLIE R. JASMINE. BUT THANKS FOR THE INFO THATS NICE TO KNOW. WOW IF YOU HEAR HOW CLOSE IT IS TO ME LET ME KNOW I'M RIGHT BESIDE THE HALL SUMMIT HIGH SCHOOL.

Permalink Reply by Jasmine on July 17, 2008 at 11:51

He lives across from the school,thebrick house with a pond behind it. He is a very nice guy.

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