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Permalink Reply by Ross on July 19, 2008 at 19:06

Doesn't the Commissioner of Conservation have to approve this kind of pooling? How could he approve something like this if there isn't even a Haynesville Shale well in the area being pooled? What are they thinking? Are they trying to combine the Cotton Valley with the Haynesville Shale how is that possible? Maybe they are just trying to hold leases with out having to renegotiate the bonus or royalties percentage. I could see it if they had drilled a Haynesville Shale well.

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Permalink Reply by Trenna on July 19, 2008 at 19:13

You might find this link very interesting as per above discussion. "Are they trying to combine the Cotton Valley with the Haynesville Shale how is that possible?"

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Permalink Reply by Les Bamburg on July 19, 2008 at 19:48

Ross, the letter described was a pre-application notice which is required by state regulation. There has been no approval since there has been no application. Companies almost always apply for a unit before drilling a well since this provides the basis for determining the working interests in the well.

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Permalink Reply by Les Bamburg on July 19, 2008 at 19:42

V, you need to provide more information to clarify whether these are separate units being formed for the Haynesville Zone and Cotton Valley Formation. There is not enough in your original description to support your statements. Force pooling is a normal part of the unitization process. It does not keep a mineral owner from leasing or sharing in the profits.

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Permalink Reply by Les Bamburg on July 21, 2008 at 18:38

Shalelover, did the letter say the hearing or the prehearing will not be held. The later is consistent with Louisiana regulation.

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