I received notice that Questar is relinquishing rights greater than 100ft. below the base of the haynesville shale as found at the Golson 32H #1. Any idea why?

Views: 7

Reply to This

Replies to This Discussion

Well Jim, Why?

Why proactively do anything in this case? That's not a business decision. Unless there are specific requests from a majority in a section to release these rights. Even then, why release everyone? Im not saying its possible, I'm just saying that I feel there is another reason here.

No business with shareholders proactively divests an asset for free.
Probably most of the leases had a vertical Pugh Clause, so Questar is just doing the right thing and making the release public.

RSS

ShaleBiz.com

Right of way appraisals

Collins and Null Appraisals, Inc. is a full service appraisal office, experienced in appraisals of all types, throughout the State of Mississippi. We specialize in Right of way, Commercial, Residential, Industrial, Timberland appraisals, with fast turn around times and competitive rates. We have vast experience in the appraisal business, dating back over 35 years. Our experience includes expert witness testimony, large gas/oil/ pipeline projects, county brochures Jonathon Null: 601-271-9044

Surface water for sale- Tuscaloosa Marine shale

Property located in the eastern TMS region near McComb. Paved access to both ponds for year round use.

advertisements