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Message

re: Haynesville Shale North of Benton??

Posted on 8/28/08 at 1:54 pm to
Posted by TigerScratch
West Monroe
Member since Oct 2005
1347 posts
Posted on 8/28/08 at 1:54 pm to
quote:

I just heard that Festervan leased about 300 acres just outside/in Benton for $14,000/25% can anyone confirm this?

I can! IT'S NOT TRUE!!! That land was leased almost 2 YEARS ago. There is already a well producing (modestly) that IS NOT HAYNESVILLE SHALE!!!
Posted by Checkmateking2
Paradise Island, Bahamas
Member since Aug 2008
6692 posts
Posted on 8/28/08 at 2:48 pm to
I also know for a fact it was leased 2 years ago for nickel and dime money.
Posted by TigerDog83
Member since Oct 2005
8850 posts
Posted on 8/28/08 at 3:02 pm to
Yep, I was pretty sure it had been picked up in the big flurry of Cotton Valley leases by KCS (HK).
Posted by Ryadarr
Benton Louisiana
Member since Aug 2008
16 posts
Posted on 8/28/08 at 3:16 pm to
Cool, appreciate it. So that stomps out any leasing going on this far north for the shale so far. Heres to hoping! The more I read the less I think we'll see any action up here, but some of the updated shale maps show Benton well within the area of interest so I'm kinda confused but, err well.

::Update::
I just got a reply to a email I sent to Petromax asking if they were interested in leasing around Benton/Bossier Parish. He said that because I cant give him the section/township/range at this moment he cant give me any specifics on our area but that Petromax is definetly wanting to move from east texas in to north west louisiana, and that he was excited about it aswell because he has family in both Benton and Bossier city. I'm far from an expert on this entire play but I'm just throwing all the little bits and pieces of information I get out there incase it helps anyone. Also when I asked him if they thought it was shale up here he said that they think theres a possibility of there being large pools of the shale broken off from the main shelf (Whatever that means).
This post was edited on 8/28/08 at 3:44 pm
Posted by TigerScratch
West Monroe
Member since Oct 2005
1347 posts
Posted on 8/28/08 at 4:24 pm to
quote:

...nickel and dime money.

Compared to leases this year, it is dirt cheap, but 2 years ago it was decent money for the Cotton Valley.
Posted by Checkmateking2
Paradise Island, Bahamas
Member since Aug 2008
6692 posts
Posted on 8/28/08 at 9:18 pm to
well of course that was the going rate, you must be a real genius, and yeah they are leasing up that way. No doubt about it.
Posted by GerryDiNardo
Bringing Back The Magic!
Member since Mar 2004
5796 posts
Posted on 8/28/08 at 10:42 pm to
Elm Grove...

You don't really have to use double line breaks..

After each portion of a sentence.

It makes your posts really hard to read,

and makes you look like a moron

who talks down to people.

I can say this with great accuracy...

There are plenty of people on this board who are smarter

than you, "Professor".... .... ....
Posted by pittboss33
Bossier City
Member since Jul 2006
521 posts
Posted on 8/28/08 at 11:11 pm to
Checkmate, was the name of that bunch who leased across the river in Caddo named 64 Development, LP? I ran across some leases on the daybook today in 21-15 with that name.
Posted by Ryadarr
Benton Louisiana
Member since Aug 2008
16 posts
Posted on 8/29/08 at 8:34 am to
Just got off the phone with a CHK land man and he said that they are not "currently" leasing land in our area but that there is a very strong possibility they will be sometime in the next 6-12 months. Petromax is trying to get as much information out of me as they can though, they seem very interested in the area up here for some reason.
Posted by Checkmateking2
Paradise Island, Bahamas
Member since Aug 2008
6692 posts
Posted on 8/29/08 at 9:09 am to
Hmmm, I am not sure, the poeple I was talking about sure as hell didnt sign with them.
Posted by TigerDog83
Member since Oct 2005
8850 posts
Posted on 8/29/08 at 9:20 am to
ElmGrove = DrWaveSport.
Posted by Checkmateking2
Paradise Island, Bahamas
Member since Aug 2008
6692 posts
Posted on 8/29/08 at 9:25 am to
Hey Pittboss, are you talknig about the leassor or the leasee. If you are talking about the 64 development who poeple are having a hard time finding out about and offering "speculative periods" Then no they are not the poeple I am talking about. Where is this "daybook" sonris?
This post was edited on 8/29/08 at 9:40 am
Posted by pittboss33
Bossier City
Member since Jul 2006
521 posts
Posted on 8/29/08 at 10:24 am to
I think Lone Star is the group offering a 90 day spec period, which is crap. The daybook is at the Caddo Parish Clerk's Office. 64 development recorded some leases from the Stinsons and Dominicks yesterday in 21-15, but it could be a CV play.
Posted by keeter
Converse
Member since Jun 2008
10 posts
Posted on 8/29/08 at 10:29 am to
is that a full moon or half?
Posted by Ryadarr
Benton Louisiana
Member since Aug 2008
16 posts
Posted on 8/29/08 at 12:38 pm to
I'm in 19 R13 according to Petromax, the guy I've been talking to is coming out to meet with me two weeks to explain to me how the whole process works, and what we're gonna have to do to allow them to drill out here since they need 640 acres according to Louisiana regulations. I'll keep updating this as I get more information.
Posted by Flop
Member since Jul 2008
132 posts
Posted on 8/29/08 at 1:33 pm to
the whole pie!
Posted by Checkmateking2
Paradise Island, Bahamas
Member since Aug 2008
6692 posts
Posted on 8/29/08 at 3:18 pm to
It was some expensive Cotton Valley!
Posted by CAD703X
Liberty Island
Member since Jul 2008
93347 posts
Posted on 8/29/08 at 6:52 pm to
Holy cow Keeter! Turn down the volume on that sig pic. At least cut the thing down by 50%.
Posted by ElmGrove
Member since Jul 2008
55 posts
Posted on 8/29/08 at 9:59 pm to
sure
This post was edited on 11/1/08 at 9:30 am
Posted by GerryDiNardo
Bringing Back The Magic!
Member since Mar 2004
5796 posts
Posted on 8/29/08 at 10:24 pm to
quote:

Wanna know more?


Ooo.. I do. Email me at gerrydinardo@gmail.com.
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