re: Haynesville Shale North of Benton??

My best friends aunt has a 900 Acre spread in Bethany, I am trying to get her to adopt me lol. What are the chances there could be shale which is disconnected from the core. Basically a rogue play, its hard to tell exactly where certain mudholes were 150 million years ago? I know it sounds impossible, but it could happen?

From that website...

quote:

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Intended purpose of this group
To negotiate:

a bonus payment on a per acre basis (starting negotiations at $35,000);
the primary lease term and / or optional extension period;
the royalty percentage and terms (starting negotiations at 30%);
and other relevant and necessary lease terms.

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Even land in north Desoto, south Caddo, and south Bossier has yet to hit $35,000 per acre bonus, what on Earth makes them think they can get even close to that in north Bossier. They should count their lucky stars if they can even get 15-20k per acre and 25% royalties.

Pessimistic Pittboss again????

If that is true abuot that website it is really somewhat ridiculous, he has to be joking?, I stand corrected, I cannot believe that, I mean come on, no one has fought as hard as I have to push this play north and come up with legitinate information. What I have said is the gospel truth,That is really ridiculous, they will never get a nibble now 35000 acre?

quote:

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PB, it's interesting that Desoto Parish got $27K and a 1/3 Royalty.

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Wrong. They got 30% (Not 1/3) on a .14 acre tract. Other than that most of the bids were in the 25% - 27.5% range. 1/3 would equate to 33.3%.

Petrohawk doesn't consider the shale to be present in Terryville, and I would be inclined to believe them. They have drilled a ton of wells to the smackover gray sand and would have drilled through the Haynesville section on every one of them. It will probably take some drilling to see what is productive in southern Webster. From what I have seen there is no basis for Lincoln and Caldwell parishes to be included in the Haynesville shale area as the Louisiana conservation map indicates. Of course the LOC is usually a lot slower in finding out what's going on than everybody else.

Do not listen to Petrohawk or their employees when your mineral rights are on the line, they are in the business to make money, I guess Tigerdog wasnt privy to that log? If Petrohawk doesnt consider HS to be anywhere I guess they could lease all the land for dirt cheap and screw everyone huh? Tigerdog said the zone does not exist in Terryville and another noted Geologist does, shame shame shame, we are talking about poeples living not making money for big gas, I am for the landowner,a noted geologist has read a log and says there is a Haynesville Shale zone in the Terryville field, if Tigerdog knows so much why would he go with what "Petrohawk says" They are the ones who want to lease the land and drill. Insider trading is insider trading, the US attorney general is already reviewing cases. You have thousands of poeple who have worked their arse off for decades to own a tiny piece of America and now we have thousands of sharks ready to screw them out of it, do not be eaten!

Well I am sure geologist's have differences of opinion, but as you have stated on here time and again log's and other types of hard evidence are hard to argue with. Sorry about the earlier rant.

well theyve only drilled a million or so gray sand wells in that area, no recent logs?