I would have a slightly different take on this, but it begs a question: do you know if the original lessee has already assigned their leases to another party?
If yes, what you are describing amounts to a top lease, in that the…"
"Many thanks. I have called and talked to a lady that passed my name on to their land folks. Someone is to get in touch with me this week.
I'll let you know what I find out.
I appreciate your assist.
I tried to send you a message via e-mail but couldn't for some reason. Anyway, thanks for sharing the rumor. I hope Whting can figure this out and get a good well away from the natural fracture area in Union Parish. The current…"
I heard same rumors. I think my rumors were from different source than yours. I do think there is validity in these rumors. My sources told me that there was a 15 foot flare and that they have been hauling oil from well. I was down there a…"
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More