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Chesapeake and PXP Announce Haynesville Shale Joint Venture
"OKLAHOMA CITY & HOUSTON--(BUSINESS WIRE)--Chesapeake Energy Corporation (NYSE:CHK - News) and Plains Exploration & Production Company (NYSE:PXP - News) (“PXP”) today announced they have entered into a Haynesville Shale joint venture (the “JV”) in North Louisiana and East Texas."
http://biz.yahoo.com/bw/080701/20080701006524.html?.v=1
Posted on July 1, 2008 at 15:14 — 1 Comment
"Talk of the Town" radio show from 11:00 AM to 1:00 PM this Saturday
" Tom Pace was circulating after the meeting,
carrying a microphone around and trying to interview some of the
speakers. He plans to air a discussion on the Haynesville Shale Play on
his "Talk of the Town" radio show from 11:00 AM to 1:00 PM this Saturday
on 1340 AM. I've never heard his show before, but his take might prove
interesting."
I how this is of interest:)
Posted on June 26, 2008 at 14:08
Oil Gas field names / Locations
PS. Lots of forced pooling going on.
http://dnr.louisiana.gov/CONS/CONSEREN/hearings/pubhearings2008.htm
http://doingbetterthanaverage.com/fields.htm
Posted on June 17, 2008 at 14:45
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I picked interest on you after going through your short profile and demand it necessary to write you immediately. I have something very important to disclose to you concerning your surname that's to say your last name .since it's a public site.Could you please get back to me on:(timothy.white36@yahoo.com) for more details.
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There are a couple things you should check out. 1) Check out current discussions. 2) Join in on the County and Parish Groups. By joining a County or Parish, you are networking locally with people who share similar concerns.
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P.S. Have fun SHALING!
The XTO guy is: Leonard McCarty (817) 885-3367. I believe that he will be the one that will assign you to the particular landman that will handle your area. Mr. McCarty is not with a leasing office, he is at the XTO company office so you might get somewhere with him concerning your offers.
I live in section 29 T14 Range 10, I have not signed yet. i have been offered 8000, with terms at 25% any advise. I think that is low. Any help would be appreciated. Everyone around me leased in the spring.
Leased through Pride Oil who is backed by Encana/Shell
If you are concerned about being able to sign a lease with an o/g company before any wells start production, you can contact the companies youself instead of waiting on a landman to contact you first. I was not sure if you were already negotiating or was waiting for a company to contact you. You can also contact several o/g companies and may come out better that way if they end up competing with one another for your lease. You can also join some of the landowner associations. I hope this helps.
Please note difference between "voluntary" pooling, where landowner is in the better than force pooling situation.
And, the Second type, force pooling or "compulsory/statutory pooling" where "the poduction company files a request for a pooling order, which provides for the surrender or sharing of interest by the landowner...As a result of the hearing, an order can be issued by the state (Conservation Commissioner in LA) concerning the setting of the cost formula for sharing costs and revenues in the pooled area. THE STATE AND THE PRODUCTION COMPANY USUALLY set the cost formula. Most landowners have very little imput in this situation...The landowners may speak in their own behalf at the hearing. THIS IS A COMPULSORY POOLING HEARING...AND POOLING WILL TAKE PLACE".
Can find articles per O&G Pooling; How Gas Leases Differ From Oil Leases; Mineral Rights in O&G Leases; Oil & Gas Lease Negotiations & Terms, etc....at the following link:
http://www.oil-gas-leases.com/oil-gas-pooling.html
It seems to me that with the State and the O&G Companies "setting" the $$$ amounts, the mineral owner probably won't get much of a Bonus or at the worst less in royalty percentage.
Hope this helps. Looking to sign first/before forcing!
Hope this will be the case for most mineral owners!
Nice to meet you...Oh...and, spread the word per website! We need all we can get!
DrWAVeSport 6/5/08 p.m.