Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant on November 5, 2013 at 13:48

CCG, who is "they"?

Permalink Reply by Cass County Gal on November 5, 2013 at 14:17

Anybody really.  Our lease is with Pegasi and ends in a few months.  It doesn't look like they've made much progress in a while out there.  

Permalink Reply by Skip Peel - Mineral Consultant on November 5, 2013 at 14:29

CCG, If you are not included in an existing producing well or unit with a producing well, your lease will expire.  Considering that there appears to be growing interest from one or more companies other than Pegasi, that is quite likely a good turn of events for you.  Do your homework and be prepared.  The next time you receive a lease offer you should be better prepared to deal with it.  And hopefully more will be known about the company or companies behind the leasing and what formation(s) they are targeting. 

Permalink Reply by Cass County Gal on November 5, 2013 at 14:40

I believe we have 6-10 wells that were producing back in the 30's or 50's I think.  Whenever the Rodessa Oil Field was active.  All were vertical and shallow and have been plugged except for one which is still producing in Marion County.  Skip, you give great advice and I always appreciate anything that you contribute.  I'm educating myself as much as I can.  We just acquired this land, so it's been a learning process.

Permalink Reply by Skip Peel - Mineral Consultant on November 5, 2013 at 14:43

You're welcome, CCG.  We could use input from more Cass County land/mineral owners.  Please suggest to your friends and neighbors that they join GHS and the Cass County Group.

Permalink Reply by Cass County Gal on November 5, 2013 at 14:45

Will do!