re: Haynesville Shale North of Benton??

Dinardo = dumbass when he was at LSU
Dinardo = still dumbass on this thread

If you look at the GoHaynesvilleShale site under the bossier parish group, there is a thread about the PD meeting. Someone who was there at the meeting said that NO specific lease offers were made!!

$500 per acre max it is gentlemen....

Hum.. Maybe Floppy asked the wrong person how the crow tastes?

u will all seewhat i am getting at soon

Are you calling Acadiana a liar?

The meeting was just to inform some of the folks here about what is going on so far with the HS play. No one at all said that we were next on the list for big gas leases but also said that we're not exactly counted out either. The people here need to be prepared and know what they got as far as land acreage, mineral rights, s/t/r, etc...it's better to be prepared than think its never gonna happen and be swindled when it does.

I agree with most of your post, and hope indeed that Plain Dealing land owners are able to get good royalties and lease bonuses from the gas and oil formations that have a decent chance of being in that part of the parish.

What concerns me, is that there is a mentality out there that holding out for months or years will lead to the greatest rewards for the landowner. Whether this is the case or not depends on so many variables.... To turn down life changing amounts of money on a good lease (key in the long run is to get the 25%+ royalties), in the vain hopes that a person will become a millionaire from one acre or two is succumbing to irrational greed. NG has fallen from $14 to $9/MCF in the past few weeks, and so whether or not a company has hedged forward production will dictate whether some prospective lease bonuses are reduced or withdrawn. Another factor is tax rates. If Obama wins, the taxes on lease bonuses big enough to hit the top tax rates will probably be in the 50-60% range, not the 35-40% range this year. So you'd have to see a sizeable increase in bonus money next year just to break even compared to a lower lease bonus this year under that scenario.

Wow I'm with ya im not in that boat or recomend that holding out thing for eternity as getting a producing well in that area would be of greater importance in my eyes as well.

Isn't the pipeline coming thu the riverbottoms gonna affect the activity down there?

I don't know that was the kinda thing i wondered, mayby some of the pro's here can chime in on whether this is the factor that will open the door up here or not.