Caddo Sec 1 10N 9W

Shales Cana Woodford Shale (AKA Anadarko Woodford)
1

Looking for any information regarding Caddo County Sec. 1 10N 9W. My family members have oil & gas leases for SW/4 of Section 1,10N, 9W. We currently have lease agreements with Cimarex. Our lease is a standard 3/16th's, three year and it expires June 2013. The last lease renewal we were paid $1,000 AC for a three year lease. In the recent past we have been contacted by Dale Resources and Arrowhead Resources asking if we would like to sell our interests.

I do know Cimarex drilled a well in the NE 1/4, NE 1/4, NE 1/4 of Section 1, 10N, 9W in 11/09. Well was/is 18,494ft, "Straight Arrow" well, number 1-36H. Would my rights and Cimarex lease in SW/4 Section 1 10N 9W have any relationship to the Straight Arrow well in the NE 1/4, NE 1/4, NE 1/4 of Section 1, 10N? I have had no contact from Cimarex about this. Is it possible I should be getting payments from Cimarex from the "Straigth Arrow well as it's in Section 1 of 10N, 9W?

I think my rights in the SW/4 Section 1 10N 9W might have been pooled a few years ago, not sure. Maybe this was in advance of Cimarex drilling their Straight Arrow well, number 1-36H? Would I have been pooled into the area covered by the Cimarex 1-36H well or ??. If I was pooled into this well should I have been noticed in some manner? If this well is producing and I was pooled into it should I receive payments of some type? Does any one have info about this possible pooling if it did take place?

Is SW/4 Section 1 10N 9W in a good area?

Thanks for any info provided, I'm new to all this and have no real knowledge of how all this works.

Comment by Steve Enos on Sunday
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Steve, the Straight Arrow has the surface location in 1-10N/9W but all production comes from 36-11N/9w. They drilled the verticle hole to depth and then turned north under the section line and began the completion interval in section 36. In a case like this only the surface owner is paid for the use of his land to drill the verticle, no royalties are paid to sec 1 mineral owners. You might want to join the Caddo County group for more information on the area.

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Michael, thank you for the information. At least this shows some "action" in the area of our rights holdings. My rights are in the SW/4 Section 1 10N 9W and they might have been pooled a few years ago, not sure. I joined the Caddo County group and posted there too. I'm looking for any information on the area. I would also like to know if our location is a "good" location and is it in the Anadarko Woodford area that has a possible future. Thanks again!