Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant on May 20, 2025 at 10:58

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 on May 20, 2025 at 13:02

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 on May 20, 2025 at 13:08

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

Permalink Reply by Marc Stepman on May 21, 2025 at 9:59

Hi Skip

Thanks for the information on R&O.  I would like the referral on and O&G expert.  I looked at the website from the link you provided.  It looks like they do Energy and ROW acquisition.  But the site does not have a lot of information.  

Permalink Reply by Skip Peel - Mineral Consultant on May 21, 2025 at 10:28

Marc, if you are looking for an attorney with an O&G practice, I use Lake Hearne @ Davidson, Summers, Hearne, Martin and Powell in Shreveport.  318-424-4342.  lhearne@davidsonsummers.com. 

Permalink Reply by Marc Stepman on May 22, 2025 at 2:15

Hi Skip

Thanks for the contact at the Law Firm.  I will give them a call.

Permalink Reply by Ted Ward on May 26, 2025 at 4:59

PRE-APPLICATION NOTICE T14N  R06W BIENVILLE PARISH

My brother and i recieved this notice in late January from Magnetar Exploration. It includes sections 27 - 34. They intend to drill between 10,670 and 12,495 feet in the Cotton Valley formation. Does any else have any information on this project? 

Permalink Reply by Skip Peel - Mineral Consultant on May 26, 2025 at 5:26

Ted, I'll post links below to the three field orders for Magnetar for the CV and LCV formations in the Danville Field.  A field order is effective indefinitely and comes with no requirement to drill but it is the first step before applying for a drilling permit.  Magnetar Exploration is not recognized by the state as an "operator".  There can be several reasons for this.  In the Haynesville Shale play we have seen non-operators form drilling units and take leases in their names but not try to drill any wells. 

The first possible reason for this is that Magnetar is defining a "prospect" that they hope to assign to a company that does drills wells - an operator.  The second possible reason is that Magnetar may be taking leases and setting up drilling units for a client.  Here is a link that comes up with a search for Magnetar Exploration.  It appears that Star Creek Energy is using this name to promote drilling prospects.  There are a number of companies that perform the geology to identify potential oil and gas prospects and then attempt to sell an operator on drilling those prospects paying Magnetar/Star Creek a finder's fee and an overriding interest in production.

Star Creek Energy generates inventories of oil and gas exploration prospects with compelling reward/risk investment ratios. We seek strategic partnerships with oil companies that have abundant proprietary or legacy seismic data that needs a modern look with 2020 technology, reprocessing, digital integration, and new ideas. We co-invest with our partners to ensure alignment in oil-rich areas.

Specialties: Carbonates, reef plays, Paleozoic and Mesozoic formations, new exploration trends, regional and mega-regional studies.

We are leaders in professional societies to network with successful explorers. This allows us to bring new ideas to our business. We hope that our efforts contribute towards improving our profession and the science of geology for ourselves and others.

https://www.linkedin.com/in/charles-sternbach-8b414b5/

https://sonlite.dnr.state.la.us/dnrservices/redirectUrl.jsp?dDocnam...

https://sonlite.dnr.state.la.us/dnrservices/redirectUrl.jsp?dDocnam...

https://sonlite.dnr.state.la.us/dnrservices/redirectUrl.jsp?dDocnam...

MAGNETAR EXPLORATION, LP

Partnership (Non-Louisiana)

OFFICE: HOUSTON

Active

Previous Names

Business:	MAGNETAR EXPLORATION, LP
Charter Number:	45903774L
Registration Date:	4/16/2024

Domicile Address
	DOMICILE: DELAWARE
	OFFICE: HOUSTON, DE

Mailing Address
	7600 SAN FELIPE, SUITE 200
	HOUSTON, TX 77063

Principal Business Office
	7600 SAN FELIPE, SUITE 200
	HOUSTON, TX 77063
Registered Office in Louisiana
Principal Business Establishment in Louisiana
	8550 UNITED PLZ BLDG II, STE 305
	BATON ROUGE, LA 70809

Status
Status:	Active
Registered:	4/16/2024
Last Report Filed:	N/A
Type:	Partnership (Non-Louisiana)

Registered Agent(s)

Agent: CAPITOL CORPORATE SERVICES, INC. Address 1: 8550 UNITED PLAZA BUILDING II, STE. 305 City, State, Zip: BATON ROUGE, LA 70809 Appointment Date: 4/16/2024

Officer(s)

Additional Officers: No

Officer: MAGNETAR ENERGY LLC Title: General Partner Address 1: 7600 SAN FELIPE, SUITE 200 City, State, Zip: HOUSTON, TX 77063

Permalink Reply by Skip Peel - Mineral Consultant on May 26, 2025 at 5:30

Magnetar recently incorporated a new Louisiana corporation that may signal that they will qualify with the state to be an operator.

MAGNETAR OPERATING LLC

Limited Liability Company (Non-Louisiana)

HOUSTON

Active

Previous Names

Business:	MAGNETAR OPERATING LLC
Charter Number:	46338804Q
Registration Date:	2/13/2025

Domicile Address
	7600 SAN FELIPE, SUITE 200
	HOUSTON, TX 77063

Mailing Address
	7500 SAN FELIPE, SUITE 200
	HOUSTON, TX 77063

Principal Business Office
	7600 SAN FELIPE, SUITE 200
	HOUSTON, TX 77063
Registered Office in Louisiana
	8550 UNITED PLAZA BUILDING II, STE. 305
	BATON ROUGE, LA 70809
Principal Business Establishment in Louisiana
	8550 UNITED PLZ BLDG II STE 305
	BATON ROUGE, LA 70809

Status
Status:	Active
Annual Report Status:	In Good Standing
Qualified:	2/13/2025
Last Report Filed:	N/A
Type:	Limited Liability Company (Non-Louisiana)

Registered Agent(s)

Agent: CAPITOL CORPORATE SERVICES, INC. Address 1: 8550 UNITED PLAZA BUILDING II, STE. 305 City, State, Zip: BATON ROUGE, LA 70809 Appointment Date: 2/13/2025

Officer(s)

Additional Officers: No

Officer: MAGNETAR ENERGY LLC Title: Member Address 1: 7600 SAN FELIPE, SUITE 200 City, State, Zip: HOUSTON, TX 77063

Permalink Reply by Ted Ward on May 26, 2025 at 6:35

Thanks Skip!  we leased to cypress and used Davis Powell as our attorney who saw that they wanted us to pay for post production expenses so landowners beware. I guess a pre application is better than no application for an ageing beach boy from coastal Mississippi who is looking for his Jed Clampet moment.

Permalink Reply by Skip Peel - Mineral Consultant on May 26, 2025 at 6:40

You're welcome.  A No Cost Royalty clause is a good lease term that will pay dividends over time and experienced O&G attorneys like Davis know when a client has the negotiating position to get such a clause.  Good luck, Jed.  I mean Ted.  LOL!

Permalink Reply by Ted Ward on May 26, 2025 at 11:30

I like the sound of Ted Clampet,

• ‹ Previous
• 1
• 2
• 3
• Next ›
• Page