We are located in eastern Rapides close to Avoyelles line. Land owners that I know about are mostly located on a line along and between Highway 1 and Red River. We just signed with Pride for the $400/350 and 25% 5-year…"
"Update from our area. Pride now offering (and getting lots of takers) at $400/$350 and 25% royalty for 5 year lease. This forum has really been helpful to those of us working our way through this process. We appreciate all of you…"
"I heard again from Pride Oil/Gas a couple of days ago that they are now offering the same $200/acre for 3 years plus $200 option for 2 add'l years, this time without the initial $50/acre option year. You may have heard from them again by…"
"GD go back and look at the figures of the Bentley well. I think that I figured that the well came in at is less than 450 barrels a day but the way it was reported looked like it was over 500. Just my thought and I may be wrong."
"GD at present I am not working for Indigo. I have high respect for the Martin Family and I pray that their venture into oil & gas is as successful as their timber biz has been. This family has done much for the Great State of Louisiana."
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