re: Oil & Gas lease offer for a recreational property in SW Miss. - what to look out for

How far down SW MS most stuff in around Laurel is oil, High water cut low oil production but it goes on for ever. The shale that is way S MS and La (forget the name) is way to $$$ and hard to frac, many have tried and many have failed. Denbury and Rockall are the main players in that area, and neither of them are aggressive in a drilling program.

Best advice is get an O & G attorney, the one mentioned later on Heidelberg? They are good and have been around for a long time. Will not cost that much to seek advice.

This is not Haynesville comparable, Chesapeake F'd all that up back in the day by offering outrageous prices. BUT gas is on the rise and there are more and more rigs moving in there as well as the GOAT play Barnett Shale in N. TX :)

Overall good for you, maybe they will be onto something and you can get mailbox $$ for a long time.