Is this something you have witnessed first hand? There is a lot of rumor going around. If this is true, it is the highest I have heard of both in up front money and royalty.
Mike, I'm sect 19, T19N, R13W. That's Bossier Parish, next to the river, about 4.5 miles north of I-220. Does that put you right across the river from me?
Apparently yours wasn't leased 2 1/2 yrs ago when mine was. Meagher O & G leased approx 5700 acres on the Bossier side. They brought in Southern Star, who has drilled 5 wells north of me. Are there Sentell Field wells producing on the west side of the river. I had heard that the sheriff owned property right across from me.