Bienville Parish lease offer

Bienville Parish lease offer

Anyone else been approached by Teche Exploration for leasing?  I have received an offer in the mail for $200 an acre with a 1/5 royalty.  I ignored it for a few days and they then called me to up the offer to $250 an acre.  We actually have two tracts of land.  He approached me on our land (20 acres) in Section 18-T14N-R7W.  Our property is off of Punkin Center Road and sides a Natural gas pipeline that has been there forever.  Anyone else hearing anything?   Skip Peele asked me to share this info with other Bienville Parish landowners.  Our land has not been leased in years so this offer came out of left field. Hopefully, its a sign that something may be happening in that part of the Parish!

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Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant 13 hours ago

Marc, i need to correct my earlier statement concerning how close you are to existing Haynesville Shale development.  Your Section 12 is about five miles east of the closest Haynesville well and your section 18 is about six miles away.  Those sections are about three miles or so SE of Castor.  There was some interest in that area early in the Haynesville Play before the focus moved south through DeSoto Parish and into north Sabine.

Permalink Reply by Ed James 11 hours ago

Thanks for posting your info.  I have not heard back from them at all, so far.  Will keep my ears open and post an update if/when I hear something back.

Permalink Reply by Skip Peel - Mineral Consultant 10 hours ago

Thanks, Ed.  Hopefully the word on Teche is getting around in that area.

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