Replies to This Discussion

Permalink Reply by hoover182 on July 10, 2008 at 16:07

I'm in 18N 15W and was offered $ 6,000.00 per acre just recently. Maybe I won't be signing that paperwork after all. BTW, this is up from an offer two months ago of $ 300.00 an acre, at which point I would have gladly taken $ 1,000.00. Heck, three weeks ago I would have jumped at $ 4,000.00 per acre.

Permalink Reply by rhonda on July 10, 2008 at 16:20

This latest offer is up from $5500 last week -- which is up from $1500 in May -- which is up from $500 in April. I believe there are a couple of wells going in in sec 6, which might explain the escalating offers.

Permalink Reply by hoover182 on July 10, 2008 at 16:28

Thanks for the heads up about the wells in section 6. I've heard from relatives that there are a number of wells in the sections 20 - 30 area also.

Permalink Reply by rhonda on July 10, 2008 at 17:39

The wells are in section 7. I just checked the database. Permitted on July 1 by Goodrich.

Permalink Reply by Amy on July 20, 2008 at 11:01

The wells that you are talking about in section 7.. Do you know where these wells are, and also the wells in section 6? We have land in section 7, but it is pretty far north, close to the arkansas line. I know that there is a well in section 7 on the Missionary Plantation in Ida and have heard that its a test well, not sure which company though. Thanks for any info anyone has heard.

Permalink Reply by N2 C C on July 18, 2008 at 16:11

Is this Section 6 between Walter Jacob park and longwood on the Blanchard Furr Rd?

Permalink Reply by rhonda on July 19, 2008 at 4:06

SONRIS showed the July 1 permitted wells in section 7, but that is near Walter Jacobs park, I believe.

Permalink Reply by florence on July 10, 2008 at 17:17

Which company offered this? Chesapeake?
Please let me know.
Thanks!

Permalink Reply by rhonda on July 10, 2008 at 17:38

It wasn't Chesapeake. I think she told me Winchester Production.

Permalink Reply by carol on July 11, 2008 at 2:32

Hoover182
Do you know of anyone that has received any offers in section 30?

Permalink Reply by rhonda on July 11, 2008 at 3:43

No. We really have no connections in that area other than the land we own -- so all I know about other areas is what I read on this board.

Permalink Reply by Reggie on July 11, 2008 at 5:13

Sorry, don't know about that section.

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