Compilation of Haynesville Shale

HaynesvilleShale
June 25, 2008
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Bienville

North of Castor: “my tract is just north of Castor and I've also signed the permit for a siesmic study, but no word about any leasing. I put a feeler into Chesapeake but haven't heard anything back from them”

Southern Bienville Parish: “in southern Bienville parish. Better known as Roy Town. I have signed the permit for the siesmic 3D, but no word yet on leasing.”

“I heard that west of Ringgold, companies are leasing, but it seems quiet east of there”

Bossier

Generally:

“several companies have tried to buy my mineral rights from me outright, they offered HUGE $$$$, I know what is down there, I just tossed the offers in the trash.”

“I just found out from a friend that works in the gas business that in between bossier city and benton around the magnolia chase subdivision the wells they just did, had more gas then anyone could have believed.”

Richmond Cove: “not an HOA here, since the Stockwell residents don't have an HOA, we need to form a group together…. We have only been offered 5500 per acre. If any other Stockwell residents want to try to form a group so that we can get the majority to sign at a higher offer then please respond.” (go to the Bossier parish group)

Brownlee: “I had posted last week that I lived in Lakewood and received the 5500/acre 25% from Twin Cities. I want to correct that the offer was for our RENT HOUSE located in Brownlee. I was told anything in township 19 was too far North and was not an area of interest AT THIS TIME.”

Dogwood: “25% royalty, 3 year primary lease term with 2 year option. The option payment will be equivalent to the primary term. $8,750 per net mineral acre signing bonus (if 90% or more of Dogwood Homeowners lease to Twin Cities) OR $6,000 per net mineral acre signing bonus (if 80% or more of Dogwood Homeowners lease to Twin Cities) OR $5,500 net mineral acre signing bonus (if less than 80% of Dogwood Homeowners lease to Twin Cities)”

Off of Benton Road, North of I-220 toward the River levy: “Residents along Rebouche Road have been known to sign leases for $5,000 per acre/.25%/3yr/2yr opt…. I was offered the same….. I am aware of signings off Airline Drive north of 220 for $11,000 per acre.”

Old Green Acres: “None of my neighbors around me has signed with anyone yet. I feel like if another company would offer us more that what Twin Cities did ($5500.00/acre) they would get a lot of people to sign with them. From everything I have read the rate should be at least $10000/acre.”

Orchard: (actually Gibson Acres which is at the end of Main drag of the Orchard) and have 1 acre and have not been approached.

Orchard: “(rural South Bossier) Own 1.5 acres, haven't signed with anyone.Working with HOA president to determine who left in my neighborhood hasn't leased already. Many did back in Jan-Feb timeframe for $250 per acre and 18% royalties.”

Lakewood: “our developer… retained the mineral rights on our sub. (Forest Hills in Haughton too.) So unless it has been 10 years since your BUILDER bought the lot, you likely don't hold the mineral rights.”

Lakewood: “…in the newer developed section, close to where it connects to Swan Lake. I received an offer last week [early june] of $5500/acre; 1/4 royalty; 3 year term, 2 year option…”

Carriage Oaks: “…received three letters so far from Twin Cities. Last offer on 5/31/08 was $5500 bonus, 1/4 royalty, 3 yr lease with 2 yr option. I have not signed yet.”

River Bend: “… our latest offer is $5,500.00 an acre. Wonder what the next offer will be?”

Caddo

Generally:

“Landowners in the area around Berean Baptist Temple, Mansfield Road, Shreveport supposedly signed for $12,700 bonus, not sure of royalty.”

“ellerbe road got 15777.00 for one acre and 25%.”

“I heard Country Club Estates just signed a deal for $27,000.00 and 25% but I do not know which company.”

“Petrohawk offered $16,500 with 25% royalty to the Ellerbe Road people. No deal has yet been finalized.”

“At Shreveport meeting last night lady who handles state land said average bonus paid to them in Caddo Parish was $13,400”
“She also mentioned the ones in the Haynesville shale area were higher than the state average and some where as high as $17,000.00 per acre or more even for smaller 19 acre tracts”

Broad Acres: “…area of Shreveport. She recently signed a lease for $10,500.00 per acre with 25% royalty and a no drill clause with Chesapeake.”

Keithville: “Fountainbleu subdivision in Keithville considering $12,500 acre with 25%.”

Stonewall: “one neighborhood recently signed for $7,500.00 per acre with 25% royalty with Chesapeake.”

“A good friend of mine worked with his neighbors in Stonewall and rallied together to unify. They were about to sign for 6000/acre up front/30 royalty but stopped short. They were approached by an investment banker and he said he could get them 15000/acre and 27 royalty.”

West Shreveport “…and have been offered (final) $10'500.00 depending on 90% of the residents signed with 25% royalty, 3yr primary lease term with a 2 yr option from Twin Cities. The $ amount drops if the % of residents go down ( if they get 80% signed - $9000.00 or 75% - $8000.00).”
Claiborne.

Off W. Lakeshore at Sec 20 Township: “I received an offer early this year from a company for $100 an acre. I don't recall the company name. On April 20 I received an offer from Martin Producing for $350 an acre. On May 18 I received a blank lease from Pangaea Land Services stating they were working for Petrohawk”

DeSoto:

Just south of Mansfield: “We have two landmen seeking leases. We countered at $12,500 per acre and 25% royalty. What are the names of the reports that will be published next week? I read the article of the prices the state received on its leases which was $11,750 to $15,895.”

Just south of Mansfield: “just outside of Mansfield and the first offer was only $2,000.00. with out even responding to that offer I rec'd an email offering $5,000-3yrs with 25% royalties. I thought that was a bit strange for him to go up w/o any response from me so as a result I have not signed. Oh, this was from costal out of Lafayette...”

Natchitoches

Generally

“Has anyone heard of any others than Encana leasing in the Fairview Alpha area just south of Red River parish? Also what about the west side of Black Lake we also have land there? I can walk across the road and land there has been leased for $4000 an acre in Red River parish but I can only get an offer of $2000 an acre for being in Natchitoches Parish.”

Sabine

“In Sabine, now hearing $15,000/acre......there and in far Southern DeSoto.....apparently, the Shell wells are becoming public knowledge of having "confirmed the extension southward" at least to their latest wells in northern Sabine Parish.”

Between Many and Zwolle on hwy. 1216, “we have been offered 1000…”

“We were offered $500 - $1500. We got $4000. Might could have gotten that on our own, but we know our papers are in good shape and we got things we had not thought of. We just wanted to get the land leased and let the clock started ticking....they have three years...that's it.”

Webster

North of Hwy 80 & between 79 north: “There has been some seismic testing going on just to the north of hwy 80 and between 79 north over to the Claiborne parish line. This is in what is called the Minden Field. Many old gas & oil wells are located there already, with much of that land already under lease for many years now. Also location of one of the old salt domes.”

“That's why all the leasing (supposedly) north of 1-20 has stopped. They have to define our part of the gray zone. If it starts to heat up in Webster Parish we can draw our own conclusions!”

Doyline: “Heard today of two families in Doyline that received offers of $1,000 per acrea/25% and also 4,000 per acrea/25%.”


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