Comparative Offers in Blanchard Area 18N15W
Hi,
I was wondering if anyone was contacted this week by Winchester in Blanchard, 18N15W? I received a letter about leasing and called. He said there is a blanket offer for our area of $8,000 / 25%. He also told me that most of our area was already leased by Winchester, not Chesapeake, and that I should consider strongly signing with them instead of CK, of course! :)
Anyway, I wanted to provide a rundown of my offers in 18N15W so far in case it helps anyone in knowing what I have been offered for my 4 acres as an individual (and of course, one of these offers is as pooled land with Castellano's group). When all of this started, I contacted each O&G company and asked if they were intersted in my land, which led to one of these offers.
$7,500 / 25% Manna Acquisitions (for CK)
$8,500 / 25% XTCO
$15,250 / 25% Castellano (for CK)
$8,000 / 25% Winchester
Hope this helps someone...thought it couldn't hurt....I would be curious to see how other homeowners' offers are comparing to each other.
I was wondering if anyone was contacted this week by Winchester in Blanchard, 18N15W? I received a letter about leasing and called. He said there is a blanket offer for our area of $8,000 / 25%. He also told me that most of our area was already leased by Winchester, not Chesapeake, and that I should consider strongly signing with them instead of CK, of course! :)
Anyway, I wanted to provide a rundown of my offers in 18N15W so far in case it helps anyone in knowing what I have been offered for my 4 acres as an individual (and of course, one of these offers is as pooled land with Castellano's group). When all of this started, I contacted each O&G company and asked if they were intersted in my land, which led to one of these offers.
$7,500 / 25% Manna Acquisitions (for CK)
$8,500 / 25% XTCO
$15,250 / 25% Castellano (for CK)
$8,000 / 25% Winchester
Hope this helps someone...thought it couldn't hurt....I would be curious to see how other homeowners' offers are comparing to each other.
Views: 148
Replies to This Discussion
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Permalink Reply by Blanchard Shale on -
Thanks for the info. It wouldn't hurt to join www.northparkestates.net We don't lock you in or charge a fee. We only ask you help others learn. We have people from the Sheriff Station on N. Market, to Longwood, to Mooringsport, and of course the Blanchard area.
Watch out for people who will not disclose who their attorney is. Also watchout for people who only deal with one mineral company. Our group plans to get offers from mutliple mineral companies. -
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Permalink Reply by carol on
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I'm in T18 R14 Section30 and was offered $5500 with 25% with Twin Cities.
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Permalink Reply by J Todd on
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First of all what SECTION are you talking about?? It doesn't help to know the township and range unless we know what section. Also, Manna is working with Chesapeake to acquire leases on their behalf. $7500 was Manna's initial offer to us but we are waiting for another bid. Lou_tex offered us $8550 and will pay by check not draft for acreage in Sec. 28, 19N, 15w. If you are interested, please post and I will respond. Most of the brokers who are offering $15000 are getting a % of the bonus money and/or royalty. We choose to settle for less, get our money, and hope the royalties will pay off.
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Kent,
The person who contacted me from Lou-Tex is Fred Rosenblatt. They are an independent drilling co. from Marshall, Tx. His number is:
318-425-0262, ext. 102. The guy from Manna is Mike Briery:
318-347-2845. We will get our final bid from Mr. Briery by 5pm today.
Good luck!! -
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Coonman,
Not sure how to e-mail you so I hope you see this. Is there any reason you don't want to post your offer on the board? I'm having difficulty locating e-mail addresses for this board. Thanks!! -
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Coonman,
I just sent you an e-mail. Please reply. Thanks for your help! -
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Permalink Reply by Midastouch on
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I'm in SECTION 31, T19, 15W Winchester (Exco) offer of 8K 28%. Will be talking to landman from Petrohawk tomorrow and see what he has to say.
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Permalink Reply by ResearchMommy on
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Sorry..I am in section 16.
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