Comment

Comment by Robert E. Buie on February 9, 2012 at 7:09pm

New Fracking Product ...Great News to combat the EPA

The EPA has approved a new pH neutral fracking solution that is "Green" friendly. It sounds like this could be the solution to one of the major environmental problems threatening the path to energy independence

........and to our POCKETBOOK!!!

Bob

Comment by Robert E. Buie on January 27, 2012 at 8:12pm

I read today a comment by a gentlemen that said his parents have received an offer to lease their mineral rights in East Felencia for $500/acre. This is awful close to Wilkinson County. I'm keeping my fingers crossed and setting on my offers. Please keep us informed of your successes!

Comment by Robert E. Buie on January 27, 2012 at 8:03pm

Friends,

This article, in case you haven’t seen it, is part of the “big” picture relative to where our country is heading in quest for energy independence and in flight from its dependence on foreign oil. Isn’t that exciting that we are finally heading away from the Middle East and spending those daily billions locally? What’s even more exciting is that we, in the Tuscaloosa Marine Shale, are part of that “big” picture. Hopefully, everyone involved in this whole process will prosper!

Eagle Ford oil production to grow to 421,000 BPD by 2015

Posted on January 27, 2012 at 6:36 am by Bloomberg in Natural Gas

Oil production from the Eagle Ford formation in Texas will increase to 421,000 barrels a day by 2015, said John O’Shea, chief executive officer of Tradition Midstream LLC.

“This crude is coming on like gangbusters,” O’Shea said during a talk at the Argus Americas Crude Summit in Houston. “Domestic crude is going to displace imports over the next decade.”

North American oil supply will grow 1.7 percent annually over the next 25 years and imported crude could fall 47 percent in 2012, according to O’Shea.

 

Comment by Kevin B. Koonce on January 5, 2012 at 10:31am

http://www.reuters.com/article/2011/12/28/us-energy-giant-idUSTRE7B...

Comment by Robert E. Buie on January 2, 2012 at 12:09pm

A couple of days ago, I read where Lessors in the Ohio Shale area have joined ranks , as a group(400 owner participants) to maximize the financial quality of their mineral leases. The result was their up front bonues went from $75/ac to $2,500/ac and is heading upward toward $5,000/ac.

Are there any groups presently organized or are there any plans to do so in the Wilkerson County Tuscaloosa Shale? Would love to hear from someone that is aware of a group or who is interested in forming a group?

Comment by Robert E. Buie on January 2, 2012 at 11:17am

Have 168 acres of mineral rights in the Buffalo River/Possum Corner/Corinth Church of Christ area off Hwy 61 very close to Netterville Lumber Co. This , of cousre is in the Tuscaloosa Shale.

Is the activity increasing (as of 12/2011) and what leasing arrangements are being offered? I would be happy to share the details of our current offers with anyone engaged in this activity and area.

Comment by Robert E. Buie on January 2, 2012 at 11:01am

I received the Chauvin letter/offer too but did not bother to respond. We have no interest in "selling" our rights.

Comment by Michael D. McDaniel on October 17, 2011 at 7:46pm

Thanks for the advice.  That's the way I read the letter as well.  I think I'll respond to the letter just to see if I can get an idea of order of magnitude of what they have in mind for outright mineral rights purchase.

Comment by R. McGraw on October 17, 2011 at 4:50pm

Read the letter from Chauvin Oil and Gas very carefully. They want to PURCHASE your mineral rights not LEASE. You lose you mineral rights forever if you sell them.

Comment by Michael D. McDaniel on October 17, 2011 at 3:12pm

I have recently received a letter from Chauvin Oil & Gas expressing an interest in purchase of mineral rights.  Anyone else heard from these folks? 

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