Replies to This Discussion

Permalink Reply by Bradley McWilliams on July 28, 2015 at 12:44

Well, at least they didn't say "I don't want to talk about it..."

Permalink Reply by Skip Peel - Mineral Consultant on July 28, 2015 at 12:48

It wasn't part of the corporate presentation.  There was no mention of the Brown Dense.  However while searching the website and reading the press release and presentation I happened to look at the Brown Dense page.  I hadn't looked at it in months because it went so long without an update before the recent one, June, 2015.  I was surprised at the number of acres the company claims to still have active leases on.  Makes me wonder if there has been a good bit of lease extensions that have not been mentioned here on GHS.

Permalink Reply by Bill Dailey on July 29, 2015 at 7:35

Skip, I'm personally aware of some significant acreage in Columbia County on which SWN exercised their option literally as the McMahen well was being flowed back (such as that was). Shortly thereafter that ceased. 

Permalink Reply by Skip Peel - Mineral Consultant on July 29, 2015 at 8:54

Thanks, Bill.  SWN has sent so many mixed signals it's hard to form an opinion.  It is good to see that the Brown Dense GHS members are hanging in there.  Hopefully there will be something tangible to discuss in the near future.

Permalink Reply by Ben Barnhill on July 28, 2015 at 13:04

They extended the lease on my property in Union Parish. They did in fact do seismic testing on the property as they stated.

I guess posts like these keep hope alive for my sister and I that SWN will actually do some drilling while I am still young enough to enjoy the royalties.

Permalink Reply by Skip Peel - Mineral Consultant on July 28, 2015 at 13:24

The only activity that I have noticed is a series of applications to re-classify existing units as to hydrocarbons produced.  From Gas and Condensate to Oil, Gas and Condensate.

Permalink Reply by BLZBub on July 29, 2015 at 2:05

They renewed my lease on land between Farmerville & the lake.

Permalink Reply by Skip Peel - Mineral Consultant on July 29, 2015 at 2:09

Thanks, BLZ.  Would you mind sharing the length of time the extension covers.  No need to be specific as to the exact date.  If your lease was extended for two years earlier this year you could say first quarter 2017.

Permalink Reply by Two Dogs, Pirate on July 29, 2015 at 4:49

A few months back I was at Truxno about 15 miles North of Farmerville talking to a man that said Southwestern had just extended his lease. This is the area where they shot seismic.

Permalink Reply by ddozier on July 29, 2015 at 10:36

They extended mine by the chicken plant to 2017.  I think given the current price environment they wont be doing much if anything in the near future.  Its a wait and see game.  Is it now the Dead Dense?

Permalink Reply by charlotte beaird on July 30, 2015 at 17:06

Any news on Ora Field?

Permalink Reply by Skip Peel - Mineral Consultant on July 31, 2015 at 1:51

Nothing since late last year.

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