SoBoRes

From recent discussions with my neighbors, I believe that I am one of the last left in my area that hasn't leased. My family and I live in South Bossier (rural) and own the rights to a little under 1.5 acres. We were contacted back in Dec-Jan timeframe from TwinCites and they tried convincing us that $300 per acre and a ten year lease was a great deal. No, I didn't accept.

Being family with many in the O&G business (most working outside of the greater S/B area) they recommended that we wait to sign anything. We surely weren't worried about the possibility of losing a few hundred in bonuses. Now, looking at it and talking with folks around here I'm not sure if my mineral rights have already been force pooled. I know that the farm land area surrounding my neighborhood has already been leased, and I believe O&G would already have enough of a percentage within this area to force the pooling and have the approval to do so. Does anyone know how I can find this out or is there a law requiring them to provide me notice of this?

How easy would it be to find out who owns the majority of the leases in my area? And should/could I attempt to lease with the same company or play on another company? I contacted my HOA president yesterday looking for others in my area, that haven't signed yet. I am hoping that there are a few left and then maybe we will have a little more to stand on.

I do know that Chesapeake has a rig fairly close (not to mention their new facility a few miles down the road) to our community and have been told that they have tapped the shale from there. I am not sure of the rig number or coordinates, but I see the lights and hear the trucks in the distance at night.

To all posting here, I really appreciate your time and knowledge and willingness to share. We don't expect to get rich, but it sure would be nice to have a little more to invest for our future.