Add a Comment

Comment by Mr C on May 26, 2023 at 0:44

Our latest Velandera check was returned for insufficient funds. Anyone else have this problem?

Comment by Skip Peel - Mineral Consultant on July 11, 2022 at 13:11

Ben, you might get more responses by posting a discussion, as opposed to a comment, in the Lower Smackover Brown Dense group.  I noticed that you are a member of that group.  Also members with interests in the Brown Dense would like to know some specifics about the offer if you would care to share.

Comment by Skip Peel - Mineral Consultant on July 7, 2022 at 11:07

SWN was intent on making the Brown Dense an unconventional play using horizontal wells.  Maybe vertical development would be economic with some tweaks.

Comment by RR on July 7, 2022 at 9:39

I wish they would fire up in the brown dense. Swn had mine but they didn't exercise they're option of course.

Comment by Skip Peel - Mineral Consultant on July 7, 2022 at 9:11

Thanks my interest here is what, if anything, Community thinks is the future of the Brown Dense.  I see lots of mineral offers all over the play but one for the Brown Dense is a surprise.

Comment by RR on July 7, 2022 at 9:08

No sir not by Community in Sabine, just Union. Sabine offers were GEP (which has ours now which were the old Chesapeake wells). I don't recall the other company.

Comment by Skip Peel - Mineral Consultant on July 7, 2022 at 8:38

RR, to be clear, the offers in Sabine were from companies other than Community?  Offers in Sabine are common.  Not so much in Union.

Comment by RR on July 7, 2022 at 8:24

I also received a letter from Community regarding buying my minerals in Union Parish. Received two more the same day in reference to buying minerals in Sabine parish. Maybe we're getting close to getting another well!

Comment by Skip Peel - Mineral Consultant on July 7, 2022 at 6:10

Ben, success.  I got an email alert so I think all the group members did.  I'll look forward to any replies you get.  As to mineral companies such as Community being predatory, depends on your point of view.  No mineral owner should ever consider an initial offer as the best offer.  If you were buying something, wouldn't you want to get it for the best price?  If you would consider a sale, you can ask the company making the offer to do some further research, you could provide additional information that might support a better price or you can make a counter offer.  When I deal with a mineral company that I don't know, the first thing I do is a public record search to see if they have filed any mineral deeds.  You can probably do that online for Union Parish records.

Comment by Ben Barnhill on July 7, 2022 at 5:39

I got a letter from Community Minerals,2025 Richmond Ave Suite 1200, Houston, TX, offering to buy my mineral rights on a 100 plus acres in Union Parish.

Searching on the internet indicates that Community Minerals appears to be a legitimate business. Having said that, I am curious if any other land owners in the "Brown Dense" are getting offers. I am also curious as to whether companies such as these are predatory in nature that essentially rips off land owners paying well below the actual value of the mineral rights.

• ‹ Previous
• 1
• 2
• 3
• …
• 10
• Next ›
• Page