Webster Parish Network

Comment

Comment by Dennis Driggers on May 13, 2009 at 10:08am

Does anybody know who won the fight between the state of Louisiana and the department of the interior over the mineral rights under Lake Bistineau?

Comment by Snake Stewart on October 17, 2008 at 6:42pm

Without wellhead numbers you can't state factually what would be fair.When the O&G's pay fines instead of letting those numbers out , you have to believe that they have something to hide.Why else would they sit on the numbers.
If the Barnett Shale is bringing $27,500 in some places, I certainly would have to get a real good explanation as too why my H/S acreage would be less when we are sitting on apparently a far superior formation according to the numbers that we have seen so far. That explanation will never come.I am quite sure that I will not be able to hold out long enough to gain the fullest extent of its value, but I must do the best that I can, at that time, with all the available info at our disposal. Did your lease go through Pin Oak and Mark B ?
When the drilling starts in our area , the bonuses will not be nearly as important as they are right now.The lease body itself has more snags then the bonus issue presents. The bonus represents the present while royalties are the future.
I am sorry that we werent there for you.You and yours are a huge reason why I have been in this big shouting match.Our area was devistated early on. At the time that you signed It is good that you did as well as you did.Many werent as fortunate.I am sending you a friend request so I could ask you a couple of questions in private if you dont mind. Thanks and have a good one.

Comment by Neil on October 17, 2008 at 10:03am

Sanke my family signed for $2000.00 an acre and 1/4th royalty with BEUSA Energy on April 16th 2008. By credentials, I was currious if you had worked in the industry at some point. You answered my question in your reply, thank you. I am also currious what bonus price per acre you think is fair for the 17N-10W & 18N-10W would be?

Comment by Snake Stewart on October 16, 2008 at 7:55pm

Hello Neil , Might I ask what credentials you are referring to? I am not in the oil & gas industry if that is what you are referring to. I am a man that has spent entirely too many hours in front of this computer screen in the last 8 months studying this and other shale plays across the U.S. trying to keep his friends ang family from getting mowed over like most of our friends and family did that signed early on. Do you mind telling us how much you signed for and with who ? Thanks and have a good one.

Comment by Neil on October 13, 2008 at 3:23pm

Mr. Stewart would you mind sharing your credentials with me I see a lot of people respect your opinion on this site. I have family property in Sec. 33, 34 & 35 of (18-10) that is already leased. Thanks

Comment by Snake Stewart on October 12, 2008 at 4:54pm

They are waiting for prices to move back up and the market to stabilize.People need to realize that they arent going to run through town throwing money out of the moonroof of their car.The ones that are already in a big hurry will be easy pickings when it ramps back up.They cant keep leasing without the rigs to drill it and a place to sell it.

Comment by bl on September 27, 2008 at 8:16am

snake, there is still a lot of land not lease in Doyline. Is quite and can not get the landmen to talk. Why? What is going on. They said we are in the hot spot and only a few miles from the big wells so why can't we lease our land?

Comment by Wray Robinson on September 15, 2008 at 9:54am

How do I find out what township/section that my property is in?? Very new to this and would like some help on "getting started" on my leasing options, etc.
thank you in advance.....

Comment by kenney murphey on August 24, 2008 at 5:17am

does anyone know if there is anything going on in or
around section 11 t17 r10. this is just north of state
park #2. thanks

Comment by treeman on August 16, 2008 at 3:18pm

Is their companies leasing in T18 North Range8 West, if so, who,Thanks

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