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re: Austin Chalk Updates?
Posted on 5/15/19 at 1:14 pm to MAEFIELD
Posted on 5/15/19 at 1:14 pm to MAEFIELD
quote:
Given recent news of expanded exploration(CoP + EOG), suspect the royalty market will heat up
You can absolutely bet on that...prior to this news coming out, I was hearing sellers asking for ~$3,500/acre around East Feliciana, I imagine that number is only increasing, esp when IPs and a few months of production become available and the area is delineated. Very exciting times
1
Posted on 6/4/19 at 12:59 pm to hubertcumberdale
I came across a presentation by Equinor - They have some interests in leases in Vernon parish. I haven’t heard much about them in the area besides GOM. Fingers crossed for these guys.
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