Replies to This Discussion

Permalink Reply by North LA on December 31, 2008 at 7:10

Where's your place in Union parish?

• ▶ Reply

Permalink Reply by RAY on June 15, 2010 at 15:59

We were offered $250 per acre with 20% royalty with property in Union Parish/Farmerville.

Red

• ▶ Reply

Permalink Reply by callie sexton on December 31, 2008 at 8:12

Bernice Louisiana

• ▶ Reply

Permalink Reply by BirdDawg, plain ole' idiot on December 31, 2008 at 12:49

Not a bad offer for that play.
Just my opinion, please don't get mad at me. Just not a whole lot going on in that area. I would take the money and run. And hope they drill me a well. Just my opinion, please don't just take my advice.

• ▶ Reply

Permalink Reply by callie sexton on January 1, 2009 at 13:55

Thanks BirdDawq--I appreciate your input. All of us in the area need to communicate and hope for as many wells as can be produced in Union parish and the surrounding areas.

• ▶ Reply

Permalink Reply by BirdDawg, plain ole' idiot on January 1, 2009 at 15:51

You bet, MS Callie.
You may want to wait on the advice of some ot the smart folks on here.
But you can believe me, the sand plays are not the same as the shale plays. Get yourself a well.
Thats my opinion, and it ain't worth 15 cents.

• ▶ Reply

Permalink Reply by Henry on June 15, 2010 at 23:31

Callie,
Ask them what depths they want to lease. Find out what formations they plan to drill to. If it's not Haynesville, and you do lease, make sure you have a good vertical pugh clause in your lease to protect your deep rights.

• ▶ Reply