Activity in Bryan County OK?

I have gotten interest in our minerals in SEC 25 + 30 in Bryan County, OK. I am wondering what is behind the interest?
I haven’t heard what is going on there. Does anyone know?

Rick:

Could you restate your question being more specific about location such as Township/Range. Do you mean that you have mineral interest in these two sections and you are wondering if there is any drilling activity in this area?

I have minerals in 6s 7e that have been leased recently. I am wondering why. I didn’t know there was anything happening in Bryan County.

charles s mallory said:

Rick:

Could you restate your question being more specific about location such as Township/Range. Do you mean that you have mineral interest in these two sections and you are wondering if there is any drilling activity in this area?

Rick:

I am not familiar with that particular area but if you will contact the Oklahoma Oil and Gas Commission with your question, they probably can help you.

Rick Tatum said:

I have minerals in 6s 7e that have been leased recently. I am wondering why.
I didn't know there was anything happening in Bryan County.

charles s mallory said:

Rick:

Could you restate your question being more specific about location such as Township/Range. Do you mean that you have mineral interest in these two sections and you are wondering if there is any drilling activity in this area?

Rick:

Mind saying who you leased to? I'm wanting to call up some of the larger players and see if they have any interest. Wondered if you had some guidance. Thanks.

XTO and Chesapeake are going after the Woodford Shale formation in this area, which would explain the high leasing activity, with bonus amounts averaging around $450 to $600/acre (3/16 royalty) in your immediate area.

Hope this helps you out.

Mick

Hi,

Thanks for the replies and sorry it has taken so long for me to get back. The lease is with Chesapeake. If I remember correctly it was for $400/acre and 3/16ths. Have not checked with the Gas Commission but that is a good idea.

Rick

Does anyone have any information on the going rate of lease on section 10? Would be interested in all information about section 10.

Thanks,

Louise

XTO BOUGHT LEASES FROM CHESAPEAKE ENERGY IN THE ARDMORE BASIN LAST WEEK. BRYAN, CARTER AND MARSHALL COUNTIES INCLUDED IN THE SALE. CHESAPEAKE COULD HAVE INCREASED LEASING ACTIVITY IN THE AREA ,IN ORDER TO SELL TO ANOTHER COMPANY. ANY DRILLING ACTIVITY SOUTH OF MEAD?