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Message
re: Tuscaloosa Marine Shale
Posted on 8/30/11 at 12:29 pm to tigerpawl
Posted on 8/30/11 at 12:29 pm to tigerpawl
Sources are rock solid... I know the individual personally...
My property is not far at all from this lease. I-49 is where this is going down. Now, some of the early birds in this particular area received $150 months ago in this area so go figure. Also, only a small piece of the total acreage (which is significant) was leased out. IMO this could have been an isolated situation but I think things are about to start rolling in a major way. It's a speculation game and some of these companies are starting to invest fairly heavy early in the game it appears.
My property is not far at all from this lease. I-49 is where this is going down. Now, some of the early birds in this particular area received $150 months ago in this area so go figure. Also, only a small piece of the total acreage (which is significant) was leased out. IMO this could have been an isolated situation but I think things are about to start rolling in a major way. It's a speculation game and some of these companies are starting to invest fairly heavy early in the game it appears.
This post was edited on 8/30/11 at 12:31 pm
1
Posted on 8/30/11 at 3:22 pm to Interception
Neighbor signed a nice lease east of Pineville in Rapides last month..
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