Replies to This Discussion

Permalink Reply by rhonda on May 4, 2013 at 3:31

Skip -- it was in the lease offer database on this site.  

Permalink Reply by Skip Peel - Mineral Consultant on May 4, 2013 at 3:57

Are you referring to Shalebiz.com? 

Permalink Reply by Skip Peel - Mineral Consultant on May 5, 2013 at 16:19

Just so there is no misunderstanding regarding the "lease offers" listed on Shalebiz.com, they are offers by mineral owners - not by land companies or operators.  That $850 bonus, 24% royalty are what a mineral owner is asking for in a lease.

Permalink Reply by rhonda on May 7, 2013 at 7:29

Oh!  Thanks for that info.

Permalink Reply by Randall Turner on May 2, 2013 at 5:24

We recently signed a lease with Strata Acquisitions in 17 - 19N-16W for $500/acre and 22.5%.  Unfortunately we only own 50% of the minerals so got $250/acre.  Looking for a super well now.

Permalink Reply by SharonB T18N R15W S8 on May 6, 2013 at 9:14

I also heard from Ax with the same $500.00 per acre bonus and 20% royalty offer. 

Permalink Reply by Skip Peel - Mineral Consultant on May 6, 2013 at 9:20

Those mineral owners in your area that I have heard from have gotten a nine-fortieths royalty (22.5%).  That appears to be the best offer at this time along with the $500/acre.  However don't overlook the other lease terms.  They are also important.

Permalink Reply by Port city landman on June 6, 2013 at 16:17

Ann Peltier is the office manager for HPS out of Lafayette. They've been around for a long time and they are a broker for anadarko. They've been in north caddo for over a year now. Very good company in my experience.

Permalink Reply by James Wilson on August 1, 2013 at 14:28

Anyone have contact information for AX, Strata and HPS?

Permalink Reply by Skip Peel - Mineral Consultant on August 3, 2013 at 7:19

If Anadarko is interested in your mineral acres, one of their land companies will contact you.  If you will post your section-township-range I will tell you whether you are within the area being leased.

Permalink Reply by Brian on August 3, 2013 at 16:15

How about T18N R15W S2.

Permalink Reply by Skip Peel - Mineral Consultant on August 3, 2013 at 16:24

Your section is within the area of interest for Anadarko's North Caddo liquids prospect.  I am aware of leases taken by AX Energy in the vicinity of Section 2.  I think it is likely that you will be contacted eventually as long as the prospect maintains momentum.  I'm not seeing anything to indicate that it won't.  Be patient and stay informed.

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