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Registered on:7/4/2008
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re: Haynesville Shale

Posted by Sidekick on 7/6/08 at 8:04 pm to
I have two pieces of property in DeSoto Parish. The first is in the Bethany/Longstreet area (3 1/2 acres). My section has two producing gas wells now and a third well was completed May 23, 2008. A location has been built for a fourth well.

The second location is south of Mansfield (20 acres) and has one producing well in this section.

I have been contacted by three different companies about buying my mineral rights but only one one has made an offer of $4000 per acre.

I consider this offer very low considering what people have been getting to lease.

Any advise on how to figure the value of the mineral rights is appreciated.